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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.
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Bankers have warned of loss of jobs in the country due to looming reduced investments should the proposed Finance Bill sail through which partly seeks to introduce Value Added Tax (VAT) on foreign exchange.
The financial managers now say the bill that also seeks to introduce tax on foreign exchange may see a mass exodus of investors from the country, consequently hurting the employment sector.
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