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 …
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, …
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 …
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 …
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). …
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) …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
What KRA is doing to businesses is like shooting dead someone who owes you money then starts demanding the same money from the corpse.
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 …
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 …
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 …
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 …
Other businesses which are not green- and women-related will receive up to 50 percent of cover.
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.
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.
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 …
Nairobi controls over 30 percent of Kenya’s gross domestic product (GDP). More than 5 million people live in this city.
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.
A “money date” is a day and time that you and your partner set a side, to sit and have a talk about money.
The Jumbo Junior Account is a transactional account designed for children below the age of 18 years for the safekeeping of money.
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 …
Running a business is not a walk in the park. It needs committment and the will to always move on no matter what.
Every employee comes to work because they want money. Money is always the driving factor of any person who goes to work.
Kenya National Bureau of Statistics says at least 450,000 SMEs die annually in Kenya.
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
