Nyeri county govt partners with Equity Bank
06 March 2014, 10:27
Nyeri - The Nyeri county government on Wednesday signed an agency agreement with Equity Bank to help with revenue collection.
The revenue collection system is aimed at increasing the amount of tax the county government collects as well as seal loopholes that have been experienced in the past.
While signing the agreement, Governor Nderitu Gachagua said the county will benefit greatly from the partnership.
“The system will improve revenue collection and seal all the loopholes that have been experienced in the past as the system will be cashless,” he said.
At the same time, Gachagua said the system will reduce the long queuing at the county’s cash office. He said that though this will render some of the employees redundant, the county stands to gain.
The Nyeri county government has been collecting KES 30 million in revenue per month, which the governor said is low adding that he is planning to expand the revenue base.
Equity Bank Chief Operating Officer, Julius Kipngetich said the system will efficiently help in the collection of revenue without inconveniencing the tax payer.
He said the service will be available at the equity bank agents and all the branches in the county which will reduce the need for a taxpayer to travel to the county office.
After transaction the county government will get an alert while another message will be sent to the taxpayer.
Taxpayers will also pay through mobile phones money transfer services.The bank will be earning a commission of 5 percent.
For the latest on national news, politics, sport, entertainment and more follow us on Twitter and like our Facebook page!
Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.