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Enforce 60-day rule on supplier payments
Rachel Wambui, 65 years old from Nakuru County holds up a placard during a peaceful demonstration at Uhuru Park by suppliers of various items to prisons in various parts of the country. PHOTO | FRANCIS NDERITU | NMG
It is commendable that parastatals paid a huge chunk of the billions of shillings owed to their suppliers, offering a boost to the limping economy.
Small and medium-sized businesses are feeling the financial pain that comes with years of late payments for goods and services offered to State-owned firms, the national government and counties.