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Suppliers set to get prompt payments

Jumia Kenya MD Sam Chappatte (left) and PS Ministry of Trade Chris Kiptoo during the Black Friday Vendor event hosted at Movenpick Hotel in Nairobi. [Jonah Onyango/Standard]

Suppliers and manufacturers in the retail sector have signed a memorandum of understanding to enforce prompt payments.

This is meant to end delays that have seen some businesses close down.

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