Home Business Reprieve as SMEs to Access KSh 5 Billion Stimulus Cash

Reprieve as SMEs to Access KSh 5 Billion Stimulus Cash

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[Source: Kenyan Wall Street, by Jackson Okoth]

Small and medium-sized enterprises that have been worst hit by the COVID-19 pandemic will now benefit from a KSh 5 Billion kitty from the State Department of Trade.

According to Trade Chief Administration Secretary Lawrence Karanja, small businesses engaged in the manufacture of personal protection equipment (PPEs) will be given top priority when disbursing these funds and awarding government tenders.

The KSh 5 Billion cash is being doled out as part of the Government’s credit guarantee scheme, to assist…

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