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How EAC policy plans to solve woes of retailers

The move seeks to prevent a repeat of the problems facing Nakumatt and Uchumi supermarkets.[File, Standard]

The East African Community might soon introduce regulations to govern the retail market in an effort to prevent a repeat of the problems facing two Kenyan supermarket chains.

Senior officials from Kenya and Tanzania agreed to push for the formulation of a regional policy and regulatory framework by the EAC Secretariat to address challenges facing the sector.

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