Leasing in Kenya.
Leasing: What Impact Will It Have On The Kenyan Economy
The Leasing Association of Kenya has said the government’s move to acquire vehicles through leasing could be extended to other equipment as well. The association’s chairperson, Edna Kihara has said that the government could also acquire medical equipment through leasing, saying it would greatly improve the delivery of medical services across the country.
Private sector welcomes govt leasing route
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“The Leasing Association of Kenya welcomes the proposals presented by Cabinet Secretary Rotich which now reflect a paradigm shift by the government particularly the consideration of leasing solutions to deliver core public services,” Kihara said.
Leasing Industry welcomes new move on tax
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Kenya’s leasing industry has welcomed the move by Finance minister Uhuru Kenyatta to remove withholding tax on rentals in his Budget Speech.
They said the move would speed up growth in the industry since it would attract more people into leasing.