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The Standard e-Paper
Kenya's Bold Newspaper
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.
Twenty-five counties will lose Sh25 billion after the Commission on Revenue Allocation (CRA) proposed a new income sharing formula based on the latest census figures.
Lamu County is the biggest loser in the proposed formula that is likely to kick off in the next financial year, even as Nairobi City gains over Sh5 billion after CRA came up with a new formula that also takes into account delivery of public services, promotion of balanced development and the revenue collection effort as well as fiscal prudence.
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