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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.
Stockbrokers have moved to court to challenge the implementation of the new capital tax law.
The brokers, in a suit filed under a certificate of urgency through Kenya Association of Stock Brokers, claim that the re-introduction of the new capital gains tax (CGT) demanded from investors is unrealistic and will lead to paying taxes twice.
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