Most small businesses are still said to fail in their first three years of existence.
This is despite their contribution to Kenya's GDP and having the potential to reduce unemployment and promote broader economic restructuring by generating decent employment.
Approximately 14.9...
The immense contributions of small and medium enterprises (SMEs) to Kenya's economic growth and job creation cannot be overstated.
However, many of these businesses struggle to transition from the start-up and active growth phases to become sustainable, thriving organisations.
A key...
In today's business landscape, where many businesses operate within the same field or industries, having a competitive advantage over others is crucial for a business not only to thrive but to also ensure long term success.
Kenya’s market-driven economy positions...
Technology has always been a driving force of progress globally, offering consistent promise and opportunity.
Throughout history, it has ensured the development of innovative solutions and the advancement of existing ones, empowering people to express creativity and ingenuity.
This interesting expression...
It's quite fascinating to observe numerous business owners grumbling about the lack of financing as a major barrier to their growth.
They often criticize banks and governments, accusing them of neglecting small enterprises and being stingy with credit. However, they...
Taxation can be traced back to ancient civilisations such as Mesopotamia, Egypt, Greece and Rome where taxes were collected in the form of labour, produce and tribute paid to rulers.
In Kenya, taxation can be traced back to the colonial...
Small and medium Enterprises (SMEs) play a crucial role in the development of Kenya’s economy. They are the engines for a country’s economic growth.
A recent National Economic Survey report by the Central Bank of Kenya (CBK) indicated that SMEs...
Involuntary bootstrapping is the process of entrepreneurs, especially those who are suffering financial difficulties, depending solely on their own resources and creativity to launch and maintain their firms.
For women, this is a particularly common factor due to the challenges...
As an entrepreneur, you know that defining your market is one of the most critical steps in building a successful venture.
Get it right, and you'll be poised for growth and innovation. Get it wrong, and you could be staring...
The Trans-African Highway network, also known as Trans-African Corridors, comprises transcontinental multi-billion road projects aimed at promoting trade and alleviating poverty in Africa.
The projects are being carried out by the United Nations Economic Commission for Africa (UNECA), the African...
