KAM roots for punitive law on pending bills

Kenya Association of Manufacturers Chairman Sachen Gudka. FILE PHOTO | NMG

Industrialists are pushing for punitive legislation to force firms and government entities to settle unpaid bills, saying the current stalemate was hurting the growth of small and medium enterprises (SMEs).

The Kenya Association of Manufacturers (KAM) wants a stricter statute enacted to compel both private and public sectors to honour outstanding bills within 90 days.

PAYE Tax Calculator

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