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 prices of at least 31 goods, including beer, SIM cards, boda boda, fuel, bottled water and juices will increase starting today as the Kenya Revenue Authority (KRA) moves to implement the annual inflation tax.
KRA said the rates will be adjusted using the average inflation rate for the financial year 2021/2022 of 6.3 per cent as determined by the Kenya National Bureau of Standards (KNBS).
This is as inflation-a measure of annual changes in the cost of living-hit 9.2 per cent in September from 8.5 per cent in August, KNBS reported on Friday.
Facts First
This story continues on The Standard INSiDER. Subscribe now for unfiltered journalism that holds power to account.
Already have an account? Login
join