The SME sector is the backbone of Kenya’s economy. The sector employs 86 percent of the population and contributes at least 45 percent of the country’s GDP. According to stats from the Kenya National Bureau of Statistics (KNBS), at least 1.2 million SMEs had shut down businesses in a period […]
Tag: Business With Covid 19
Bar Owners Request Government To Consider Re-opening Bars And Night Clubs
Pubs and restaurant association of Kenya (PERAK) has expressed disappointment over the government’s directive to extend the closure of bars for another 30 days to contain the spread of the coronavirus. According to PERAK Nairobi Branch Chairman Francis Mbogo, the industry has lost at least 70 percent of revenue since […]