Kenya Revenue Expert (KRA) and the National Bank of Kenya (NBK) have got signed a Memorandum of Understanding that will manage to benefit Government Purchasing Opportunities (AGPO) listed suppliers.
The MoU between the two was signed upon Wednesday at Kenya Revenue Power headquarters, Instances Towers, Nairobi with what both parties stated is going to boost the AGPO suppliers.
Over 350 suppliers registered simply by KRA among children's, women, and also persons together with disability will certainly substantially enjoy the MoU that was authorized by KRA Commissioner Basic John Njiraini as well as National Bank Managing Director & Ceo Wilfred Musau.
Following the contract, the providers will receive sensitizations and also training from KRA on public procurement laws and best methods as well as tax laws.
National Bank of Kenya will certainly, on the other hand, offer the suppliers along with capacity building programs about entrepreneurship.




Further, National Bank has established the financing facility focusing on qualifying suppliers in order to KRA. The Bank may finance the particular qualifying suppliers to support tenders obtained from KRA places of work across the country.
Communicating during the occasion, Mr. Musau mentioned, “This partnership can be a testament that the Bank is living up to its foundation objective of supplying access to monetary services to all Kenyans. We are committed to continuing affecting generations make it possible for progress because the Bank celebrates 50 years since our own foundation within 1968.”



The aim of the AGPO System is to facilitate the youngsters, women, as well as persons along with disability-owned enterprises so that you can participate in federal government procurement. This particular through the execution of the Presidential Information that 30% of government procurement possibilities be set aside specifically for these enterprises.
It is an affirmative motion aimed at empowering enterprises owned by youth, women, and people with disability by giving these more the possiblility to do business with Federal government.

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