Small and medium enterprises, or simply SMEs, are an important pillar of Kenya’s economy, creating millions of jobs and driving innovation in key sectors of the economy. Apart from propelling …
Small & Medium-sized Enterprises (SMEs)
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Running a small business is not a walk in the park. One has to sacrifice, and have the will to always move on no matter what. Sometimes you will fall, …
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Law number one; your employees are everything in your business. They are your first customers. Treat them well, and they will treat your business well. Treat them like trash, and …
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Google has announced applications for the third cohort of the Black Founders Fund for Startups opened in Africa and Europe in line with its commitment to digital transformation and support …
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Kenya’s economy runs on the wheels of entrepreneurs. The sector employs at least 86 percent of the population and contributes at least 30 percent to Kenya’s gross domestic product (GDP). …
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Small and medium enterprises (SMEs) are the engines of economies within and without the African continent. Without them, hundreds of millions would be jobless, and the gross domestic product (GDP) …
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In most parts of the world, small and medium enterprises (SMEs) are the real engines of the economy. In Kenya, for instance, they account for over 80% of all businesses …
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In his inauguration speech, President William Ruto announced that his government will be setting up the Ministry of Cooperatives and SMEs. In the whole speech, this perhaps was one of …
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Your small and medium enterprise (SME) is like a boat. In this case, you must have your team trained and rowing in the same direction without having anyone trying to …
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Most challenges that SMEs and MSMEs face in Kenya are often what I call “textbook challenges.” These are challenges that everyone seems to know and always mentions from time to …
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Anyone with a business can set up their own e-commerce platform. In fact, any business that is not online today has no business being in business. At this age, virtually …
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The Kenyan economy thrives on the wheels of SMEs and MSMEs. This is the backbone of the economy. The sector employs 86 percent of the population and contributes about 45.5 …
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Running a business or providing a service is becoming a challenge by the day, not just in Kenya but around the world. With Covid-19 re-emerging, countries going into war, and …
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By Sa Nyoung Kim Small and Medium Enterprises (SMEs) constitute over 90 percent of businesses in Kenya and provide seven out of ten jobs in the country. Despite their economic …
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Being poor in Kenya is equivalent to being a criminal. The poor are treated worse than animals. Whatever you do in this country, don’t be poor. Kenyan prisons are full …
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By Joshua Oigara Creating an environment that will see the empowerment of women and youth in Kenya and across East Africa, is essential to move our economy from an agricultural …
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They say that you should never quit your job without having a plan B. But what happens when you really must leave with or without a plan B? There are …
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What KRA is doing to businesses is like shooting dead someone who owes you money then starts demanding the same money from the corpse.
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By Joshua Oigara The COVID-19 pandemic has largely been framed as a public health crisis, over one and a half years since it hit Kenya. However, its economic impact has …
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Microsoft has announced new initiatives to accelerate the growth of 10,000 African start-ups and fast-track investment in Africa’s start-up ecosystem over the next five years. Microsoft’s recently launched global Founders …
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Kenya’s wealthy are planning new nationalities as part of their investment activities. Over a quarter of Kenya’s 3,362 dollar millionaires are planning to apply for a second passport or new …
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First, when I heard this talk, I thought it was disrespectful when the cash involved was mentioned, I realized it is a multi-million industry that a few are making lots …
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Other businesses which are not green- and women-related will receive up to 50 percent of cover.
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A 2-kilogram sugar is now retailing at 285 shillings from 210 shillings. There is no explanation behind this instant surge in the prices of sugar.
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But now, the cartels took over the city. Those who open their legs wide enough to distribute their biological tools equally are given jobs and places at high tables.
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It is not easy to start a business and sustain it in Kenya unless you have enough money to sustain yourself and your business until you are stable. This is …
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Nairobi controls over 30 percent of Kenya’s gross domestic product (GDP). More than 5 million people live in this city.
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Everyone would love to save but few people just know how. Saving is not easy as many people might think. You have to make sacrifices and endure some changes.
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A “money date” is a day and time that you and your partner set a side, to sit and have a talk about money.
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The Jumbo Junior Account is a transactional account designed for children below the age of 18 years for the safekeeping of money.
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Life is all about choices. One chooses to be in debt and one can choose not to be in debt. Before committing to a debt, ask yourself these questions; do …
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Running a business is not a walk in the park. It needs committment and the will to always move on no matter what.
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Every employee comes to work because they want money. Money is always the driving factor of any person who goes to work.
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Kenya National Bureau of Statistics says at least 450,000 SMEs die annually in Kenya.
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Did you know that at least 1,000 SMEs close shop in Kenya daily? Did you know that 80 percent of SMEs who shut down do so in the first 6 …
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Participants at the “Investment Opportunities in Africa and Understanding Africa Continental Free Trade Agreement” virtual symposium said that traditional bank products limit the potential for small businesses to reap the …
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Covid-19 has affected businesses around the world. Millions of businesses have shut down. People have lost jobs and the future looks gloomy. Is there any light at the end of …
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Almost 90 percent of African small businesses fear they may not survive the Covid-19 crisis, and need access to practical tools and support to prevent financial loss, according to a …
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2020 is here with us. How will the year look like in terms of the Small Medium Enterprises (SME)? Banks will start lending to the SME but will still be …
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1,000 SMEs close down daily in Kenya. 30,000 SMEs close down monthly in Kenya. 450,000 SMEs close down annually in Kenya. At least 1,000 businesses are set up in Kenya …
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The day kicked off like any other day, yet in the end, proved different among them all by presenting hope for both the present and the future for thousands of …
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Kenya’s economy thrives on small businesses commonly known as SMEs. Statistics show that 90 percent of businesses in Kenya are SMEs which are supporting the livelihood of millions of Kenyans …