Kemsa in cash crisis as stock unsold

kemsa-industrial

Kenya Medical Supplies Authority offices, Industrial Area, Nairobi. FILE PHOTO | NMG

The Kenya Medical Supplies Agency (Kemsa) has run out of cash after Sh6.34 billion was tied up in stock that it can’t sell in the wake of Covid-19 procurement scandal.

The agency says removal of the rule that compels counties to buy medicine and medical equipment from Kemsa has left with unsold stock worth billions, especially Covid-19 related kits like masks.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.