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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.
Stakeholders in the property market are up in arms against the National Treasury’s proposal to increase taxes on rental yields. The proposal is contained in the Finance Bill 2020.
This, they note will hurt landlords who will in turn pass the high rent to tenants already battered by the pandemic.
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