Pay contractors Sh100bn debt you owe them, counties told
Contractors in Kirinyaga addressing journalists on June6, 2019. Counties owe contractors Sh100 billion debts according to KNCCI President Richard Ngatia. PHOTO | FILE | NATION MEDIA GROUP
What you need to know:
- He observed that the national government had paid the contractors and the counties should follow suit.
- He added that the contractors cannot clear outstanding bank loans they obtained due to non-payment of their money by counties.
- He promised that KNCCI will continue sponsoring cultural activities across the country.
Counties owe contractors Sh100 billion debts according to the Kenya National Chambers of Commerce and Industry (KNCCI) President Richard Ngatia.
Mr Ngatia expressed concern over the delay to pay up the contractors who were awarded tenders to construct various projects and supply items to the devolved units.
Speaking Sunday at Kanjuu Primary School in Kirinyaga County during the region's first edition of cultural festival, Mr Ngatia noted that contractors should be paid their rightful dues.
BANK LOANS
He observed that the national government had paid the contractors and the counties should follow suit, adding that the contractors cannot clear outstanding bank loans they obtained due to non-payment of their money by counties.
"We want all the traders to do business in an environment where they can meet their financial obligations and participate well in the growth of the economy," said Mr Ngatia.
He urged Kenyans to continue embracing their diverse cultures which he observed promote good morals.
He promised that KNCCI will continue sponsoring cultural activities across the country.
