Why Parliament gave techie Michael Macharia Sh1bn

Seven Seas Technologies CEO Michael Macharia. 

Photo credit: File | Nation Media Group

Tech firm Seven Seas Technology, co-founded by businessman Michael Macharia, is set for a boost after lawmakers set aside Sh1 billion to repay its dues owed by the government.

The National Assembly’s Budget and Appropriations Committee (BAC) has proposed an additional allocation of Sh1.55 billion to the Attorney-General’s budget on the Treasury’s initial estimates, out of which Sh1 billion will be paid to Seven Seas.

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