Road contractors get 40pc extra in pending bills clearance

NAIROBI, Kenya, July 29 - Road contractors with pending bills will get an extra 40 percent payout after Cabinet approval. Already, the government has paid Kenya breaking news | Kenya news today |..
✨ Key Highlights
Road contractors in Kenya are set to receive an additional 40 percent payment on their pending bills, bringing the total settlement to 80 percent. This decision, approved by the Cabinet, aims to resolve long-standing financial obligations and unblock stalled projects across the country.
- An additional 40 percent payout will be disbursed to road contractors with pending bills, increasing the total settlement to 80 percent.
- The Cabinet approved these measures to accelerate momentum in the roads sector, provided contractors extend the final payment deadline by another 120 days.
- Roads and Transport Cabinet Secretary Davis Chirchir defended the securitization of the Road Maintenance Levy Fund (RMLF) as legal and transparent, explaining it was used to raise KSh175 billion to pay inherited verified pending bills.
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