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The Standard e-Paper
Kenya’s Boldest Voice
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Cigarette manufacturer British American Tobacco Kenya posted Sh2.5billion in profit after tax in the last financial year, with the company blaming the COVID-19 pandemic and new excise taxes for a 13 per cent fall in earnings.
The company’s latest financial report indicates gross revenues fell from sh19.2billion in 2019 to Sh16.6 billion on account of closed retail stores and economic constraints faced by consumers.
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