Low survival rate of small businesses in Kenya remains a worrying trend

A business lady at her premises. By making it easy for businesses, many especially the small ones that form the majority, will be assured of a higher survival rate.

Photo credit: File | Nation Media Group

Every day, hundreds of businesses are registered. Over the last 10 years, millions of firms were initiated in Kenya. According to Kenya’s Business Registration Service (BRS), 86,773 trade names and 49,043 private companies were registered last year.

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