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.
Matatu operators at Kisumu bus stage wait for customers after the end of the year celebrations. [Michael Mute, Standard]
Transporters have expressed concern over the doubled value-added tax (VAT) on petroleum, noting it will have a huge impact on their cash flow.
Kenya Transporters Association (KTA) National Chairman Newton Wang'oo said yesterday the increase of VAT on petroleum from eight to 16 percent will eat into their profit margins and also impact consumers.
Get Full Access for Ksh299/Week
Bold Reporting Takes Time, Courage and Investment. Stand With Us.