By PETER WARUTERE
Enhancing the contribution of MSMEs to the economy should be a key priority of the national and county governments. They just need a package of interventions that include an enabling business environment, access to finance and markets.
A conducive business environment for MSMEs should include a framework of policies that encourage them to grow, to reduce their mortality rate. Their survival depends on whether they are supported through enabling regulations and affordable fees and taxes.
Greater access to finance would improve the survival of MSMEs and help them to move up their value chains. The financial sector does not offer a solution to the capital needs of MSMEs…Read more>>
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