The government has been asked to draft policies that will compel its agencies and corporates to pay tenders within a specified time to save youths from sinking into debts. Mburu said it is unfortunate that some youths have even resorted to suicide after losing all their property to auctioneers over unpaid loans. Read; Women, youth want more tendersBut Mburu noted that the directive only empowers youths from well-off backgrounds who are able to finance their tenders without having to borrow from financial institutions. He said delayed payments have discouraged many youths from bidding for contracts from both the government and private companies over the fear of losing their property. “Many procurement offices require contractors to part with some money for their tenders to be paid which youths are unable to raise,” he noted.

Source: The Star April 17, 2018 18:00 UTC