×
The Standard e-Paper
Truth Without Fear
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.
Audio By Vocalize
In a surprising announcement, the government has unveiled a new proposal to reduce controversial taxes, a move that could provide much-needed relief to citizens but raises concern about the government's ability to manage public debt.
Newly appointed Cabinet Secretary John Mbadi revealed plans to cut the value-added tax (VAT) from 16 per cent to 14 per cent, decrease corporation tax from 30 per cent to 25 per cent, and lower pay-as-you-earn (PAYE) rates, although specific details on the latter tax remain unspecified.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join