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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.
A report by the National Treasury has found that micro and small enterprises are missing out on the government's cheap loans due to their informal set-up or structure that does not meet requirements in the Public Finance Management (PFM) Act and the MSE Act.
The report also notes that due to their informal set-up, they are tax non-compliant and hence cannot access the funds.
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