Nation | by James Kariuki
Public and private entities who fail to settle debts could soon be blacklisted after manufacturers and suppliers formed a common-user credit information-sharing platform.
The new entity, Industry Credit Group (ICG) created by the Kenya Association of Manufacturers (KAM), Veri-Credit and Association of Kenya Suppliers (AKS) will have a database on errant firms open to all companies with the worst payers flagged thereby denying them a chance to the supplier shop.
ICG will see credit professionals in member companies meet to compare negative information and…
