Mattress firms risk hefty penalties amid widened cartel investigation

Director-General of the Competition Authority of Kenya, David Kibet Kemei.

Photo credit: File | Nation Media Group

Mattress manufacturing firms risk hefty penalties as the State widens investigations into suspected cartel behaviour in the market.

As part of the investigations, the Competition Authority of Kenya (CAK) on Tuesday raided six mattress manufacturers across four counties — with those found culpable for malpractice facing hefty penalties equivalent to 10 percent of their gross turnover in the previous year.

PAYE Tax Calculator

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