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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.
The government will confront a Sh1.25 trillion debt repayment headache from July 1 in a move expected to pile pressure on the Kenya Revenue Authority (KRA) to raise the funds for clearing the sovereign loans.
Significant public debt repayment in the current financial year that ends in June of up to Sh930.4 billion has already exposed public coffers to debt distress and triggered unprecedented jitters of default risks.
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