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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.
Alcoholic beverages businesses could be the most affected by the Finance Bill 2024 if implemented owing to the compounding effect of previous tax adjustments done in 2022.
The Finance Bill 2024 has already been met with negative reviews from players in the sector who claim its implementation will likely drive alcohol manufacturers out of the country.
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