Nyota Njema Properties proprietor Perminus Kariuk-Photo|John Kamau

Government urged to clear pending bills to ease cash crunch and revive economy

Business leaders are calling on the government to prioritize the payment of pending bills, warning that delays have worsened the cash crunch affecting companies and slowed economic activity across the country. They argue that settling outstanding dues owed to contractors and suppliers would inject much‑needed liquidity into the economy and help struggling enterprises recover. Speaking…

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Melisa Achieng an advocate of the High Court of Kenya/File Photo

Law expert urges gov’t to impose penalties on delays in payment of pending bills to save suppliers, SMEs

A law expert has proposed the enactment of a law giving timelines for payment of pending bills in Counties and the National government in order to cushion contractors and suppliers from losses. Melisa Achieng an advocate of the High Court of Kenya says penalties for delayed payments should be imposed by the Controller of Budget…

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