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.
A new report by Global Financial Integrity estimates that Kenya lost over Sh6.1 trillion between 2013 to 2022 due to "trade misinvoicing." [File, Standard]
As the taxman aggressively pursues small traders and salaried employees for unpaid dues, a global financial watchdog has warned that the country is losing nearly 50 times more money through a sophisticated form of trade fraud perpetrated by large corporations.
This severely undermines the government’s ability to fund development for Kenyans and escape a crushing debt crisis.
Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.