@StandardMedia

Suppliers’ pay set to delay by three months

3 months ago, 9 Mar 00:11

By: Lee Mwiti

Suppliers to both the national and county governments will have to wait for at least three more months to get their dues. This is after the National Treasury and the Devolution Ministry appealed for more time to review their tender agreements and supplies delivered and also source for funds to pay them. Devolution Cabinet Secretary Eugene Wamalwa, speaking in Nairobi on Wednesday, said suppliers who fall under the Access to Government Procurement Opportunities (AGPO) would be given priority when Treasury released the funds. “We understand that suppliers have not been paid for a while now and this is crippling their businesses, especially those who took credit to deliver the tenders,” said Mr Wamalwa.
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Category: business news

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@StandardMedia

Suppliers’ pay set to delay by three months

3 months ago, 9 Mar 00:11

By: Lee Mwiti
Suppliers to both the national and county governments will have to wait for at least three more months to get their dues. This is after the National Treasury and the Devolution Ministry appealed for more time to review their tender agreements and supplies delivered and also source for funds to pay them. Devolution Cabinet Secretary Eugene Wamalwa, speaking in Nairobi on Wednesday, said suppliers who fall under the Access to Government Procurement Opportunities (AGPO) would be given priority when Treasury released the funds. “We understand that suppliers have not been paid for a while now and this is crippling their businesses, especially those who took credit to deliver the tenders,” said Mr Wamalwa.
Read More

Category: business news

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8 hours ago, 00:05
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Firms flee rating agencies to avoid books scrutiny

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