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 Tax Appeals Tribunal’s order that Keroche Breweries Limited should pay the taxman more than Sh9 billion is, without doubt, music to the ears of the Treasury mandarins.
For a cash-starved government that has embarked on painful cost-cutting measures to keep its vital programmes going, the prospects of a Sh9 billion boost is appetising. The amount would help plug part of Kenya’s huge budget deficit.
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