The Standard Group Plc is a
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Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
A fuel pump assistant fueling a vehicle at a petrol station along Kenyatta Avenue, Nairobi. [Edward Kiplimo, Standard]
The government on Tuesday signalled a U-turn on ending the fuel subsidies amid rising pressure to bring down the high cost of living.
The move could see the government incur the wrath of the International Monetary Fund (IMF), which has disbursed billions of shillings in financing to the new administration but has been against such subsidies.
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