Carrefour reveals Sh239bn payments to local suppliers

Carrefour supermarket, Village Market branch as pictured on February 16, 2024.

Photo credit: Francis Nderitu | Nation Media Group

Supermarket chain Carrefour has splurged Sh239 billion on locally made goods in 10 years of operations and invested close to Sh15 billion to grow its footprint in Kenya, amid a stiff fight with rivals for the local market.

The retailer said that the money has been paid to its over 690 local suppliers, including farmers, manufacturers and small and medium enterprises, adding that this has created more than 3,000 direct jobs.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.