County governments urged to embrace leasing
By Mumbi Kinyua | January 21st 2017
A logistics firm has urged county governments to embrace leasing as a way of cutting costs. Vehicle and Equipment leasing Limited (VAELL) says the system will enable counties concentrate on their core responsibilities such as provision of services, cut operational costs and achieve increased efficiencies.
The firm’s head of business development John Mogire said organisations that have embraced leasing have recorded huge savings besides attaining operational efficiency.
Vaell has leased some of its vehicles to the National Government for use by the police. The vehicles were officially flagged off and launched by President Kenyatta earlier this week.
Since 2013, the Government has leased 2,720 police vehicles which has greatly improved police mobility.
Mogire encouraged county governments to emulate the national government in leasing of vehicles, medical equipment, construction equipment, as well as agricultural implements.
How retired couple built a business empire in a Siaya village
- Techie who founded start-up with Sh3,000
By Brian George
- Sweet profits from bees made me quit a stable government job
- Equity wins Sh800m tax dispute against KRA
- State seeks powers to snoop on suspected money launderers
- State projects push up cement consumption