Kenyan Retailers to Pay Interest for Delayed Payments
Kenyan retailers will now be required to pay suppliers interest on delayed payments in new rules published by the Competition Authority of Kenya (CAK). The new rules are contained in the Retail Trade Code of Practice. “A retailer shall pay interest for delayed payments. The interest rate payable shall be agreed by the retailer and … Continue reading Kenyan Retailers to Pay Interest for Delayed Payments
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