Senators back supplier pay delay fine law



Business Daily | by John Mutua


The Senate committee on Finance and Budget committee has backed a proposed law that will see business owners, Principal Secretaries and accounting officers at the counties pay Sh1 million fine or serve a five-year jail term for delaying payment to suppliers.

The Senate committee approved the Prompt Payment Bill, 2021, setting the…

Read more…

 


LEAVE A REPLY

Please enter your comment!
Please enter your name here