County Executive for Business Hustler Opportunities Dr. Anastasia Nyalita.- PHOTO| courtesy

Nairobi partners with KNCCI to ease cost of doing business

Nairobi partners with the private sector to improve the business environment Reforms target licensing, compliance and access to markets and finance New digital platform seeks to make trade fair participation easier for businesses The Nairobi City County Government has partnered with the Kenya National Chamber of Commerce and Industry (KNCCI) to reduce the cost of…

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PS for MSMEs Susan Mang’eni and Head of Regional Office for Eastern Africa at the European Investment Bank (EIB), Edward Claessen, after talks on expanding affordable credit access for Kenyan MSMEs. PHOTO| Courtesy

EIB, MSEA explore affordable credit access for Kenyan MSMEs

Government explores new ways to improve MSME financing Talks focus on making credit more affordable for businesses Stakeholders seek financing options that support business growth Kenyan Micro, Small and Medium Enterprises (MSMEs) could gain greater access to affordable credit following talks between the Micro and Small Enterprises Authority (MSEA) and the European Investment Bank (EIB)…

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PS State Department For MSMEs Development Susan Mang'eni speaking during a meeting with stakeholders PHOTO| Courtesy

Stakeholders push for reform of MSME financing ecosystem

Stakeholders want financing solutions tailored to different MSME needs The forum examined ways to reduce lending risks and widen access to capital Recommendations will shape upcoming discussions on MSME financing and growth Stakeholders have called for a re-engineering of Kenya’s Micro, Small and Medium Enterprises (MSMEs) financing ecosystem to increase access to capital, reduce investment…

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Youths during the launch of KiriMarket in Kagio, Kirinyaga County. PHOTO| Courtesy

New digital marketplace launched to link Kirinyaga youth to jobs

A new digital platform is targeting young people across Kirinyaga The initiative brings several groups onto one marketplace Leaders say technology and business support can help tackle unemployment A digital marketplace has been launched in Kirinyaga that will connect youths for employment opportunities. The platform, dubbed KiriMarket, was launched in Kagio by the Kirinyaga Young…

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Kisumu County Governor Anyang' Nyong'o addresses residents during a past event. PHOTO| File

Kisumu rolls out policy to end roadside hawking

Kisumu is moving to end roadside hawking. Vendors will be assigned spaces in designated markets. The policy aims to support small businesses, women and youth. Kisumu City County Government has moved to end roadside hawking, requiring small-scale traders to operate instead from designated spaces within modern markets. Governor Anyang’ Nyong’o announced the measure under the…

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Deputy President Kithure Kindiki speaks during a meeting on the rollout of the Kenya Jobs for Economic Transformation (KJET) programme in Nairobi. PHOTO| Courtesy

Kindiki unveils Sh500m grants for small businesses

KJET to issue Ksh500 million in non refundable grants to small businesses. First phase targets businesses needing up to Ksh5 million in capital. Grants will support enterprises across key value chains nationwide. The government is set to roll out millions of shillings in non-refundable grants to thousands of micro and small businesses across the country,…

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Richard Muteti OGW, HSC, Chief Executive Officer of CMSEO EA. PHOTO| Courtesy

Regional body urges calm amid Kenya foreign trader crackdown

Regional trade body urges foreign traders to remain calm. CMSEO EA says the directive targets undocumented businesses, not lawful traders. Traders are urged to keep immigration and business documents in order. Nairobi’s small business scene has been on edge lately, and now a regional trade body wants to bring the temperature down. The Confederation of…

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Hawkers along a street in Nairobi CBD./ Courtesy

Traders back Ruto’s foreign hawkers directive, experts urge caution

Traders back Ruto’s foreign hawkers directive. Experts warn of diplomatic backlash. Parliament’s decision will shape the crackdown. Nairobi traders have endorsed President William Ruto’s call for a crackdown on foreign nationals operating small-scale businesses, even as diplomatic experts warn of a possible backlash from neighbouring countries. Traders’ umbrella bodies in Nairobi have thrown their weight…

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BAHLITA Chairman Simon Njoroge during a past function/ Courtesy

BAHLITA opposes new tobacco licensing rules for traders

BAHLITA opposes proposed tobacco licensing rules for traders. Traders warn extra licences could raise business costs. Association calls for stronger action against illicit tobacco trade. The Bars, Hotels and Liquor Traders Association of Kenya (BAHLITA) has opposed proposed licensing and registration requirements in the Tobacco Control (Amendment) Bill, 2024, warning they could raise compliance costs…

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