Late payments to Kenya’s businesses are giving retailers and other companies an interest-free source of credit that is now choking micro, small and medium enterprises (MSME’s) to death, with banking routes closed, and general liquidity tight country-wide. A typical business in Kenya is contracted to deliver goods or services to a company on the basis […]
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Global consumer research firm Nielsen has tipped Kenyan retailers to go online, where about one out of every four consumers browse for products and services. The Nielsen Consumer Confidence and Spending Intentions survey released this week says there is a huge gap in retail e-commerce space yet a quarter of Kenyans use social media to […]