• About
  • Advertise
  • Privacy & Policy
  • Contact
Promoting and Connecting investment opportunities and businesses both in the Diaspora and in Kenya for Kenyans in Diaspora.
Advertisement
  • Home
  • About Us
  • News
  • Business
  • Fintech
  • Real Estate
  • Hospitality
  • Contact Us
  • KCB Diaspora Agent
No Result
View All Result
  • Home
  • About Us
  • News
  • Business
  • Fintech
  • Real Estate
  • Hospitality
  • Contact Us
  • KCB Diaspora Agent
No Result
View All Result
Promoting and Connecting investment opportunities and businesses both in the Diaspora and in Kenya for Kenyans in Diaspora.
No Result
View All Result
Home News

Suppliers to Receive Payments within 60 Days Maximum

by
17th June 2019
in News
0
Suppliers to Receive Payments within 60 Days Maximum
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The Cabinet Secretary for National Treasury Henry Rotich during this year’s budget reading process made it clear that all the suppliers of goods and services to the National Government are set to be receiving their payment by 60 days maximum.

The announcement by the CS will help in ending previous complains by the suppliers over delayed payments. It emerges that the county governments and the national government jointly owe suppliers close to Ksh400 billion in unpaid bills.

Suppliers to the government have been making low profits due to delayed payments; this is according to reports released by the World Bank Economic Update in April.

The 2019/2020 budget allocated Ksh10.9 billion that is to be used in settling the pending bills. Further, the CS asked for amendments to be done so to allow the law to punish entities failing to make payments on time.

The CS also consolidated Uwezo Fund, Youth Enterprise Development Fund, and Women Enterprise Development Fund to Biashara Kenya Fund in a bid to increase efficiency.

An income tax exemption has been made for the youths registered under the Ajira Digital Program for three years. The exception is set to take effect as from 1st January 2020. Instead, they will pay a registration fee of KSh10,000 that will be used to fund the program.

OFFERS!! OFFERS!! OFFERS!
Kenya2U has Great Property Deals Just for You this Holiday!
• Mnarani GreenPark in Kilifi @ Ksh12.5M
• Intercity Gardens in Kitengela@ Ksh1.895M
• Tinga Springs in Kajiado @ Ksh99,000
• Ruaka Ridge homes in Ruaka @ Ksh7.1M
• Grey Oak property in Nanyuki @ Ksh350,000
• Grey Oak property in Athi River @ Ksh450,000
• Blue Bells Apartment along Beijing Road @Ksh7.4M
• inFinity Properties in Kantafu @Ksh 625,000
Call 0742343908 to Book yours Now!

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • More
  • Click to print (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Skype (Opens in new window)

Like this:

Like Loading...

Related

Previous Post

Kenya Airways Introduces Rome and Geneva Flight Routes

Next Post

A Restaurant Offering Free Meal to Customers who Switch Off Their Phones

Next Post
A Restaurant Offering Free Meal to Customers who Switch Off Their Phones

A Restaurant Offering Free Meal to Customers who Switch Off Their Phones

  • Trending
  • Comments
  • Latest
Chilli Farming in Kenya, The Untapped Venture

Chilli Farming in Kenya, The Untapped Venture

20th August 2020
kenya2uhub.com

List of Chinese Construction Companies in Africa

5th February 2021
Raspberry Farming in Kenya: the sign of sucess

Raspberry Farming in Kenya: the sign of sucess

14th February 2022
One Bedroom Unit to Cost Sh1 million Under New Affordable Housing

One Bedroom Unit to Cost Sh1 million Under New Affordable Housing

15th March 2019
Kenyans in UAE Diaspora to Benefit from EXPO 2020 Dubai

Kenyans in UAE Diaspora to Benefit from EXPO 2020 Dubai

3
Influencer marketing in Kenya. Image is a collage of camera, tablet with a social feed showing on screen and other pieces used for digital content creation.

Why You Should Be Considering The Use Of Influencers In Your Business – Let’s Talk Digital.

1

Aljazera interview with Uhuru – Tuesday 22nd

0

Tazama

0

BRICK SECURITY PARTNERS WITH OPTIVEN IN ITS NEWEST PROJECT IN VIPINGO

23rd May 2023

From Struggle to Success: Illuminating the Journey of Shams Camp – Where Perseverance Prevails

23rd May 2023

Kenyan Rugby Triumph: A Spectacular Showcase of Skill and Unity at the HSBC Rugby Sevens

21st May 2023

RESEARCH A VEHICLE BY NUMBER PLATE.

17th May 2023

Recent News

BRICK SECURITY PARTNERS WITH OPTIVEN IN ITS NEWEST PROJECT IN VIPINGO

23rd May 2023

From Struggle to Success: Illuminating the Journey of Shams Camp – Where Perseverance Prevails

23rd May 2023

Kenyan Rugby Triumph: A Spectacular Showcase of Skill and Unity at the HSBC Rugby Sevens

21st May 2023

RESEARCH A VEHICLE BY NUMBER PLATE.

17th May 2023
Promoting and Connecting investment opportunities and businesses both in the Diaspora and in Kenya for Kenyans in Diaspora.

Promoting and Connecting investment opportunities and businesses both in the Diaspora and in Kenya for Kenyans in Diaspora.

Follow Us

Browse by Category

  • Ads & Trades
  • Business
  • Fintech
  • Hospitality
  • KCB DIASPORA AGENT
  • Lifestyle
  • News
  • News
  • Real Estate
  • Sports
  • Travel

Recent News

BRICK SECURITY PARTNERS WITH OPTIVEN IN ITS NEWEST PROJECT IN VIPINGO

23rd May 2023

From Struggle to Success: Illuminating the Journey of Shams Camp – Where Perseverance Prevails

23rd May 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© Copyright 2022 Kenya2uhub.com Powered by Domains Africa Technologies

No Result
View All Result
  • Home
  • About Us
  • News
  • Business
  • Fintech
  • Real Estate
  • Hospitality
  • Contact Us
  • KCB Diaspora Agent
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
%d bloggers like this: