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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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National Treasury Cabinet Secretary John Mbadi has revealed that Kenya can no longer rely on higher taxes or fresh borrowing to fund major infrastructure, warning that nearly half of all tax revenue now goes to debt repayment.
Mbadi said on Wednesday, December 10, that the government plans to remove commercially viable infrastructure projects from line ministries and transfer them to specialised companies to attract private capital and create jobs for youth.
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