Fruits vendor

Ms Alice Mwithaga, a fruit vendor, at her stall in Top Market, Nakuru Town in this picture taken on September 17, 2021. 

| John Njoroge | Nation Media Group

Covid wipes out over a third of SMEs in Kenya

What you need to know:

  • Many businesses closed down and clients disappeared, with efforts to keep them afloat eating into owners’ savings.
  • The report also notes that business closures had risen in the five months between March and July this year.

The Covid-19 pandemic wiped out over a third of all businesses in Kenya, threatening the existence of micro and small enterprises (MSE), which constitute 98 per cent of the economy.

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