×
The Standard e-Paper
Stay Informed, Even Offline
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.
Question: How crucial are the new taxation measures for the Treasury? Can the country do away with them?
Answer: Kenya has been running a deficit for a while now and this seems to be growing annually. When you add the increased borrowing, it is clear that additional recurring revenue is very important for the Government. This revenue will also help in achieving the Big Four agenda and indeed a number of the amendments are targeted at raising revenue for this. In that sense, these revenue measures are critical for the country.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join