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THE STANDARD By Macharia Kamau | February 23rd 2021 at 10:09:22 GMT +0300 Competition Authority of Kenya Director General Wang’ombe Kariuku (left) consulting with Joyce Karanja-Ng’ang’a, Partner at Bowmans, Coulson Harney LLP, The insurance industry is under the spotlight after the Competition Authority of Kenya (CAK) flagged the numerous instances of delays in remitting payments to suppliers. This is in addition to other practices that are detrimental to suppliers, many of them small businesses. The authority, which has an oversight role on how large companies relate with their small and medium enterprises (SME) suppliers, cited the insurance firms for abuse of buyer power, where a company has considerable sway and can dictate terms of engagement with a supplier.

Wangombe kariukuJoyce karanja ngangaCoulson harneyKenya motor vehicle repairer associationPublic procurement regulatory authorityAssociation of kenya insurersCompetition authority of kenyaCompetition authorityKenya director general wang ombe kariukuJoyce karanja ng ang aKenya insurersKenya motor vehicle repairerPublic procurement regulatoryகூல்சன் ஹார்னிகேந்ய மோட்டார் வாகனம் பழுதுபார்ப்பவர் சங்கம்பொது ப்ரொக்யூர்மெஂட் ஒழுங்குமுறை அதிகாரம்