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.
The Kenya Revenue Authority (KRA) has lost a Sh1.1 billion tax claim against a Dubai firm, with the taxman being accused of misleading the Court.
KRA had rushed to court to be paid part of the Sh1.5 billion that the Supreme Court awarded Geo-Chem Middle East, but the taxman’s decision to file an application against the Dubai firm’s local subsidiary instead ruined its case.
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