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 delivers his State of the Nation Address at the Parliament plenary,Nairobi. November 21st,2024 [Elvis Ogina,Standard]
President William Ruto has rescinded two significant decisions this year; the 2024 Finance Bill and the Adani deals. These decisions have sparked debate on the true essence of leadership. Some have hailed these actions as evidence of Dr Ruto’s responsiveness and flexibility, essential qualities for any leader, while others are still digesting the full implications of these reversals.
Ruto’s moves signal a leadership style that emphasises adaptability, listening to public concerns, and ensuring that governance aligns with the people’s best interests. In a political environment where leaders are often criticised for stubbornly adhering to unpopular policies, Ruto’s actions offer a refreshing demonstration of pragmatism.
The Finance Bill 2024 was introduced to address the country’s fiscal needs. It sought to increase government revenues, ensuring the provision of public services, and potentially reducing the budget deficit. However, the Bill also faced widespread criticism due to the new taxes it introduced and the burden it placed on ordinary Kenyans.
Critics pointed out that the proposed taxes would lead to higher costs of basic goods, increased inflation, and greater hardship for Kenyans already struggling with the rising cost of living.
The decision to retract the Finance Bill highlights the importance of public sentiment in policy-making. The second decision, rescinding the Adani JKIA deals, speaks to Kenya’s delicate balancing act in international relations and domestic governance. Ruto’s decision to withdraw from the deal suggests a recognition that national assets like JKIA must be handled with utmost care and sensitivity. By backing out of the deal, Ruto reaffirmed his commitment to protecting Kenya’s sovereignty and ensuring that such significant agreements undergo thorough scrutiny.
Rescinding these two decisions exemplifies a fundamental quality of leadership: The ability to change course when necessary. Some leaders, out of fear of appearing weak or indecisive, might refuse to reconsider their actions even when it becomes clear that those decisions are flawed or unpopular. However, the mark of a great leader is the ability to balance conviction with flexibility. Ruto’s reversals show that he is willing to put the interests of the Kenyan people first.
True leadership is about listening and acting. Leaders aren't perfect. A leader’s ability to listen to the people and respond to their concerns is critical. Ruto’s decision to rescind both the Finance Bill 2024 and the Adan deal underscores a leadership style that is not rigid but adaptable. Kamomonti wa Kiambati, Kiambu
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.
Tribunal orders Stanbic Bank to pay KRA Sh234m in tax claim 
Top banks build Sh230b war chest for bad loans amid economic gloom 
Kendu Bay: Sleepy fishing town that no lender will bank on
Why Kenya's export strategy needs more effort to grow markets
Big manufacturers on the spot for sidelining smaller players
join