Moratorium set to deprive state over Sh20bn in revenue - News Summed Up

Moratorium set to deprive state over Sh20bn in revenue


This means matured trees planted by KFS for sale to saw millers cannot be harvested and is now rotting. Registered saw millers — who are about 800 — pay for the trees by depositing money to the National Treasury account and issued with receipts. With the receipts, saw millers head to the various forest station officers and harvest the matured trees under supervision. In September 6 last year, KFS dispatched demand letters, urging saw millers to pay up Sh1.2 billion that saw millers owe after harvesting trees. Of more than 800 saw millers prequalified by the agency, 600 had not paid.


Source: The Star April 28, 2019 21:11 UTC



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