Business Daily

2024 - 4 - 8

Empowering Kenya's MSMEs: The KEBS Policy Boost

cooking gas cylinders - I&M Bank - Kenya Power electricity losses - M-Pesa balances - market share - MSMEs - pension funds - remote work - tea auction prices

Discover how Kenya's MSMEs are set to soar with the new KEBS Medium Small Enterprise Policy. A game-changer for the sector!

In an effort to bolster Kenya's economic landscape, the government has introduced the KEBS Medium Small Enterprise Policy, a groundbreaking initiative aimed at empowering and uplifting the MSME sector. This policy signifies a strong commitment towards supporting small businesses and fostering growth and innovation within the industry. Through streamlined regulations and targeted support mechanisms, the policy is set to revolutionize the way MSMEs operate in the country.

By providing a conducive environment for MSMEs to thrive, the KEBS Policy is expected to drive job creation, spur economic development, and enhance competitiveness in both local and global markets. With a focus on enhancing access to markets, financial resources, and technology, this policy aims to address the challenges faced by small businesses and pave the way for their success. It is a significant step towards unlocking the full potential of Kenya's MSMEs and positioning them as key players in the economy.

The implementation of the KEBS Medium Small Enterprise Policy is not just a policy change; it is a transformative journey towards building a robust ecosystem for MSMEs in Kenya. As the government continues to invest in initiatives that prioritize the growth and sustainability of small businesses, the future looks promising for entrepreneurs and aspiring business owners in the country. With the right support and guidance, Kenya's MSMEs are poised to become major contributors to economic development and job creation.

In conclusion, the KEBS Medium Small Enterprise Policy is a beacon of hope for Kenya's MSMEs, signaling a new era of opportunities and growth. By nurturing a vibrant and resilient MSME sector, the policy sets the stage for a thriving entrepreneurial culture and a dynamic business environment in the country. With the right strategies and policies in place, Kenya is on the path to harnessing the full potential of its small businesses and driving sustainable economic growth.

Post cover
Image courtesy of "Business Daily"

Strengthening Kenya's medium-small enterprises through policy and ... (Business Daily)

KEBS Medium Small Enterprise Policy demonstrates a commitment to empowering and elevating the MSME sector.

CBK sees rebound in imports on stable exchange rate, easing dollar (Business Daily)

Business Daily. Menu. Business Daily · Corporate · Companies Enterprise Health Industry Transport Technology Boss Talk All Stories. DNIandMBank2903. Companies. Why Kenya's top banks are renewing bet on retail market · Sameer. Companies. Sameer Africa ...

Alternative assets give pension funds options to expand investment ... (Business Daily)

Government bonds and equities have long served as a cornerstone of pension fund portfolios.

Post cover
Image courtesy of "Business Daily"

Career progression: Do you have the right to be promoted? (Business Daily)

In the era of remote work, most international companies are embracing work-from-home (WFH) arrangements.

Post cover
Image courtesy of "Business Daily"

Mercy Munene finds a ripe business, healing in organic farming (Business Daily)

It all started when her doctor advised her to add lots of organic vegetables to her diet.

Post cover
Image courtesy of "Business Daily"

Regulator bars betting firm W88 Kenya for lack of license (Business Daily)

Kenya has flagged betting firm W88 Kenya, which is a brand of a bookmaker from the UK, for offering gambling services without approval. The Betting Control and ...

Post cover
Image courtesy of "Business Daily"

I&M Bank doubles growth in personal accounts on fee waiver (Business Daily)

I&M Bank Kenya doubled growth in personal accounts last year by waiving bank-to-mobile-money transaction fees. In new disclosures, the bank says it added ...

Post cover
Image courtesy of "Business Daily"

Rubis gains market share as major competitors lose (Business Daily)

Rubis was the only multinational that grew its market share between July and December last year.

Post cover
Image courtesy of "Business Daily"

Boost for farmers as tea auction prices jump 29pc (Business Daily)

Tea farmers have been handed a boost as tea prices at the Mombasa auction hit $3.41 (Sh443) per kilogramme.

Post cover
Image courtesy of "Business Daily"

Auditor flags Sh85m paid to Council of Governors (Business Daily)

Council of Governors Chairperson, Anne Waiguru joined by other governors addressing the media at the Council's offices in Nairobi.

Post cover
Image courtesy of "Business Daily"

US demands public say on Kenya tax, trade rules (Business Daily)

The US is demanding that Kenya grant traders and the public a bigger say in regulatory changes to safeguard their rights.

Post cover
Image courtesy of "Business Daily"

Why Kenyans do not earn interest on M-Pesa balances (Business Daily)

In other African countries, including Uganda and Tanzania, mobile money customers earn interest on their balances.

Post cover
Image courtesy of "Business Daily"

Kenya races to start tracking gas cylinders from June (Business Daily)

The State will roll out a system to automatically track cooking gas cylinders in June.

Post cover
Image courtesy of "Business Daily"

Kenya Power electricity losses stuck above limit (Business Daily)

An analysis shows that system losses hit 23.2 percent in December last year, meaning that the utility lost 1,578.9 Gigawatt-hours (GWh) that it bought between ...

Post cover
Image courtesy of "Business Daily"

Auditor flags ghost owners of Nairobi's Dandora dumpsite (Business Daily)

Nairobi possesses ownership documents for only 15.02 hectares out of the total land size.

Explore the last week