Savannah Mabati Ltd CEO James Muriithi speaking during the Britam Biashara Network forum-Photo|Courtesy

Entrepreneurs urged to embrace innovation and partnerships to unlock Kenya’s SME potential

Entrepreneurs across Kenya are being pressed to embrace innovation, forge partnerships, and rethink business models as the key to unlocking the full potential of the country’s small and medium‑sized enterprises (SMEs), a sector that remains central to job creation and economic growth despite mounting financial pressures. Industry stakeholders warn that without adaptation, many SMEs risk…

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Government unveils policy brief to strengthen SME role in circular agri‑food economy

The government has rolled out a new policy brief aimed at positioning small‑ and medium‑sized enterprises (SMEs) at the center of Kenya’s transition toward a circular economy in the agri‑food sector. The document, dubbed “Strengthening policy frameworks to empower agri-food SMEs towards a circular economy in Kenya”, developed by the Ministry of Agriculture and Livestock…

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Industry PS Juma Mukhwana speaking during the aunch of the Logistics Study Report by Kenya Association of Manufacturers-Photo|Courtesy

High logistics costs lock SMEs out of AfCFTA markets, manufacturers warn

Kenya’s manufacturing sector has sounded the alarm over crippling logistics bottlenecks that continue to erode competitiveness and block small and medium-sized enterprises (SMEs) from fully benefiting from the African Continental Free Trade Area (AfCFTA). The concerns were raised during the launch of the Logistics Study Report by the Kenya Association of Manufacturers (KAM), which revealed…

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By Tiberius Onsongo

Government should stop the aggressive taxation drive

The latest Finance Bill has generated considerable debate and concern among ordinary Kenyans. The bill proposes several measures to correct the budget deficit, but one of the most controversial aspects is the dependence on high taxation. Despite its apparent simplicity, this method frequently results in damaging outcomes for both our financial standing and daily activities….

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Group Managing Director Nasim Devji.

DTB first quarter profit rises by 8.6 per cent to hit KSh2.6

Diamond Trust Bank (DTB) net profit for the first quarter of this year grew by 8.6 per cent , reaching KSh2.62 billion, driven by growth in both interest and non-interest income. The company’s net earnings grew from KSh2.42 billion that had been posted during the correspondent quarter of last year. Net increased income, mainly derived…

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A man walks in flood waters in Garissa County. Photo:courtesy

Britam asks SMEs to embrace flood insurance

Financial service firm, Britam is requesting a small and medium-sized enterprises (SMEs) to embrace risk mitigation schemes in the wake of floods that have hit the country’s social economy. During an SME networking forum hosted in partnership with Kenya National Chamber of Commerce and Industries (KNCCI), the Managing Director of the firm Tom Gitogo said that…

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