County governments urged to embrace leasing

The firm’s head of business development John Mogire said organisations that have embraced leasing have recorded huge savings besides attaining operational efficiency. PHOTO: COURTESY

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.

By Brian Ngugi 11 hrs ago
Business
SIB partners with CISI to elevate professional standards and enhance financial advisory skills among staff
Business
Angola ICT Minister: Invest in space industry to ensure a connected, peaceful Africa
By Titus Too 2 days ago
Business
NCPB sets in motion plans to compensate farmers for fake fertiliser
Business
Premium Firm linked to fake fertiliser calls for arrest of Linturi, NCPB boss