Huge pending bills crippling businesses, hurting tax cash

Controller of Budget (CoB) Margaret Nyakang'o. [Brenda Radido, Standard]

The Controller of Budget (CoB) Margaret Nyakang'o has noted an increase in pending bills as of June 30, 2023, warning that the move not only cripples business entities in the country but also the government due to delayed tax submissions.

Ms Nyakang'o identified government agencies diverting payments meant for pending bills to other uses as one of the key factors that have led to the delays in the payment of bills.