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 costs of running the National Social Security Fund (NSSF) ballooned by nearly a billion shillings in the year to June 2021, eating 44.2 per cent of total contributions by workers.
The latest financial statements show the fund's expenses jumped 17.8 per cent or the equivalent of Sh961 million to Sh6.36 billion in the period against Sh5.4 billion in 2020.
Pension contributions dropped by Sh260 million as hard-pressed savers and distressed employers cut pension contributions in the year under review raising alarm.
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