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Retailers drive SMEs out of business

If you walk into any supermarket today, you are unlikely to get the popular Tharaka Honey brand because the family-owned business that produced it closed shop four months ago.

The Ruai-based Tharaka Honeybee Products Ltd, once ranked among the “Big Five” Small and Medium Enterprises (SMEs) in East Africa, was forced to fold up under the weight of debt after local supermarket chains withheld its cash for supplies made.

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