How Carrefour rebates are squeezing suppliers

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Carrefour Supermarket in Mombasa. FILE PHOTO | NMG

Majid Al Futtaim-backed retailer Carrefour has been putting a squeeze on suppliers through multi-layered rebates with the fees now the subject of a fresh probe by the Competition Authority of Kenya (CAK).

On Friday, the watchdog, for instance, blocked the retailer from charging rebates on Pwani Oil products pending an ongoing probe.

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