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.
An attendant fueling a motorbike at a city fuel station. Taxes account for a huge chunk of the cost of pump prices. [Caleb Kingwara, Standard]
The government is mulling a plan to cut taxes on petroleum products in what could be the new administration softening its stand on fuel prices following public outcry.
The government on Wednesday scrapped subsidies on super petrol while implementing deep cuts on subsidies for diesel and kerosene, raising prices to unprecedented levels.
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