Suppliers lost nearly Sh20 billion for goods they had supplied to the collapsed Nakumatt alone. Along came CAK, and we have found some refuge in its mandate to ensure there is no abuse of buyer power,” he said. “For buyer power to be investigated, there has to be buyer power abuse. “We are talking with them, especially on behalf of small suppliers… it might not make economic sense to transport products to the stores. Most of the small suppliers do not have the financial muscle.”Share this story

Source: Standard Digital January 25, 2022 11:16 UTC