×
The Standard e-Paper
Fearless, Trusted News
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.
Motor vehicle assembler, General Motors East Africa (GM), expects to record a flat growth this year should the Government continue to effect the new excise duty on locally-assembled vehicles.
GM Managing Director Rita Kavashe said the volatile exchange rates, high interest rates and now the excise duty will cut the growth of automobile industry from last year’s 15 per cent to a flat growth.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join