Wed, 25-Feb 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
  • Best Places to Work 2026
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    Piloting of Government’s E-Procurement System to End in December

    Fred
    By Fred Obura
    - June 14, 2024
    - June 14, 2024
    Kenya Business news
    Piloting of Government’s E-Procurement System to End in December

    Piloting of government’s end to end e-procurement system will continue up to the end of this year, in a move aimed at weeding out corruption in public procurement and disposal processes.

    • •The System comprises among others, an e-market place for the common user items where prices from various outlets are visible allowing intense competition in procurement of these common user items.
    • •Treasury Cabinet Secretary Njuguna Ndung’u noted that the Phase I of the e-Government Procurement System has successfully undergone User Acceptance Testing and Piloting in twelve selected Ministries, Departments and Agencies (MDAs) and Counties.
    • •The system will reduce cost of goods, works and services by between 10 per cent and 15 per cent, maximize value for money and increase transparency in procurement.

    “Once the e-government Procurement System is rolled out, all MDAs and Executive Offices of 28 County Governments will be required to fully transition to the system while State Agencies and Corporations, County Assemblies and County Agencies will be on-boarded in the second phase within the FY 2024/25,” the Treasury CS said.

    Enforcement of the system forms part of policy, legal and institutional reforms the Kenya Kwanza administration is implementing to increase the pace of economic development.

    Other reforms target public sector wage bill, privatization of state corporation, national assets and inventory management reforms, financial sector reforms and pending bills.

    CS Ndung’u said the National Treasury has initiated reforms geared towards automating assets and inventory management in MDAs as well as County Governments.

    In this regard, the National Treasury will operationalize the Assets and Inventory Management Modules in the IFMIS with the module for all MDAs scheduled for launch and go live in July 2024.

    The rollout to County Governments will commence thereafter. “These reforms will enable Accounting Officers have visibility of all assets and inventory under their control and facilitate optimal assets utilization,” he noted.

    See Also:

    Budget Share for Counties amidst ‘One Man, One Vote, One Shilling’ Debate

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa