By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
sauce.co.kesauce.co.kesauce.co.ke
  • News
  • Grapevine
  • Politics
  • Security
  • Business
  • Technology
  • Media
  • Sports
  • Entertainment
Reading: Gov’t admits 40% local supply rule has failed, blames dishonest suppliers
Share
Notification Show More
Font ResizerAa
sauce.co.kesauce.co.ke
Font ResizerAa
  • News
  • Grapevine
  • Politics
  • Security
  • Business
  • Technology
  • Media
  • Sports
  • Entertainment
Search
  • News
  • Grapevine
  • Politics
  • Security
  • Business
  • Technology
  • Media
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Home » News » Gov’t admits 40% local supply rule has failed, blames dishonest suppliers

Gov’t admits 40% local supply rule has failed, blames dishonest suppliers

Last updated: February 27, 2024 12:33 pm
2 years ago
Share
2 Min Read
The National Treasury Building
SHARE

The Treasury has conceded that cunning and dishonest local suppliers are undermining a government directive mandating public agencies to procure at least 40 percent of their consumable products locally.

This has further impeded the creation of new jobs for the burgeoning skilled youth population.

In its latest policy statement, the Treasury revealed that the ‘Buy Kenya, Build Kenya’ initiative, initiated nearly a decade ago, has fallen short of its intended targets in public procurement.

“The challenge to achieving a 40 percent local content quota in government procurement is that local merchants are supplying imported products once awarded contracts,” stated the 2024 Budget Policy Statement.

According to the policy, which followed a presidential directive in June 2015, a minimum of 40 percent of supplies to State ministries, departments, and agencies should originate from local companies.

However, local manufacturers have voiced grievances over the years, alleging that domestic suppliers often present samples of local products during tendering, only to source the same products from cheap manufacturers from India and China upon securing the government contracts.

The government remains the largest purchaser of goods and services from the private sector. Last year, imports categorized as government supplies amounted to Sh62.08 billion, as per provisional trade data from the Central Bank of Kenya (CBK).

The competitiveness of Kenya’s manufacturing sector has been inadequately addressed by successive governments. Despite previous administrations promising to promote the local manufacturing sector, Kenya remains a net importer.

You Might Also Like

US says Strait of Hormuz to be toll-free under Iran deal

African migrants with deep roots in South Africa flee xenophobic attacks

MoH urges vigilance as Kenya at risk of Ebola infections

Grace Ekirapa Opens Up on Painful Journey as a Single Mother After Split from Pascal Tokodi

More Women Accuse Viral Westlands Date Scandal Figure of Fraud and Deception

Share This Article
Facebook Twitter Whatsapp Whatsapp Email
Previous Article Amy Schumer: Actress reveals she has Cushing's Syndrome Actress Amy Schumer says steroid injections gave her cushing’s syndrome
Next Article Boeing review finds 'disconnect' on safety US gov’t review of Boeing finds safety ‘disconnect’
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Latest stories

  • US says Strait of Hormuz to be toll-free under Iran deal
  • African migrants with deep roots in South Africa flee xenophobic attacks
  • MoH urges vigilance as Kenya at risk of Ebola infections
  • Grace Ekirapa Opens Up on Painful Journey as a Single Mother After Split from Pascal Tokodi
  • More Women Accuse Viral Westlands Date Scandal Figure of Fraud and Deception
  • Married Man Drugged and Robbed After Inviting Two Women Home Following Night Out
  • Catholic Priest Sparks Debate After Blessing New Nightclub Along Thika Road
  • Woman Nabbed in Kimbo Over Alleged “Devil’s Breath” Perfume Scam
  • NTSA Suspends Nicco Movers Sacco After Death of KMTC Student

You Might Also Like

Married Man Drugged and Robbed After Inviting Two Women Home Following Night Out

1 week ago

Catholic Priest Sparks Debate After Blessing New Nightclub Along Thika Road

1 week ago

Woman Nabbed in Kimbo Over Alleged “Devil’s Breath” Perfume Scam

1 week ago

NTSA Suspends Nicco Movers Sacco After Death of KMTC Student

1 week ago

Pages

  • About us
  • News
  • Privacy Policy
  • sauce.co.ke

Find Us on Socials

sauce.co.kesauce.co.ke
Follow US
All rights reserved. A publication of Mercury Communications KE