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New unit to fine, jail retailers for delaying suppliers’ cash

Traders display their Tomatoes at Daraja mbili open air market in Kisii County. [File: Standard]

Rogue retailers who withhold suppliers’ cash unduly now risk being slapped with fines of up to Sh10 million and lengthy jail terms.

This is after the Competition Authority of Kenya (CAK) formed a Buyer Power Department in a new push to address emerging concerns of contractual breaches by retailers.

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