× Business BUSINESS MOTORING SHIPPING & LOGISTICS DR PESA FINANCIAL STANDARD Digital News Videos Health & Science Lifestyle Opinion Education Columnists Moi Cabinets Arts & Culture Fact Check Podcasts E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified Jobs Games Crosswords Sudoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS

Suppliers’ pay set to delay by three months

By Lee Mwiti | March 9th 2018
By Lee Mwiti | March 9th 2018

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.

Share this story
Analysts project low dividends for bank shareholders
KCB has offered shareholders Sh3 per share while Barclays and Stanbic Bank have offered Sh1 and Sh5.25 share respectively amid shrinking profits
CS Najib Balala summoned over stalled project
There have been reports of cut-throat competition between agencies under the Ministry of Tourism.