
Every financial year, from June to July, the government needs money to run its operations. Most of the money comes from taxes. However, the taxes are never enough, forcing the government to fill the deficit by borrowing.
The government can either borrow from local investors or foreign investors. The way the government borrows from the local investors, which includes individuals as well as organisations such as commercial banks and pension schemes, is by issuing Government securities.
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.