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National Treasury Cabinet Secretary John Mbadi has reiterated that the government's e-procurement system is mandatory and there is no plan to return to a manual system. A new law now paves the way for government-owned entities, known as parastatals, to list on the Nairobi Securities Exchange (NSE). The Central Bank of Kenya has approved a new risk-based credit pricing model, which shifts the operating rate for loans to the interbank rate. Meanwhile, the Surveyors of Kenya have raised concerns regarding the recently published Government Assets Valuation Policy.
The Star (Youtube)
