CAK eyes law backed supplier, retailer rules for stability of sector

CAK Director- General Francis Wang’ombe. FILE PHOTO | NMG

The Competition Authority of Kenya (CAK) has ordered retailers, manufacturers and suppliers to create a code of practice which will become law and enforceable by the regulator.

The document is expected to standardise and define several things in the firms’ commercial relationship such as payment period and what constitutes default.

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