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.
Fuel pumps at a petrol station in Nairobi. [File, Standard]
Kenyans could pay more for fuel as the pump prices keep up with the rising cost of crude oil in the international markets.
This is even as they wait to see if the government will take up advice by the International Monetary Fund (IMF) to standardise Value Added Tax (VAT) on petroleum products, which would double the tax rate to 16 per cent from the current eight per cent.
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