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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.
This year’s Finance Bill was packed with far reaching tax measures with a direct impact on both the ordinary Mwananchi and businesses.
The tax measures ranged from the introduction of a 16 per cent VAT on fuel to an imposition of excise duty on mobile money transfer and bank transfers. There was also the introduction of a 1.5 per cent National Housing Development Fund (NHDF) levy.
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