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The Standard e-Paper
Kenya's Bold Newspaper
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.
President William Ruto yesterday signed the Finance Bill 2025 into law, introducing changes in tax administration aimed at increasing his embattled government’s revenue as the country grapples with mounting public debt and economic pressures.
The new measures, many of them set to take effect on July 1, have minimal implications in terms of hiking taxes as the government tried to avoid pushback from Kenyans witnessed in 2024 when it proposed punitive tax measures but later withdrew the bill following Gen Z protests last June.
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