Kenya’s banking sector non-performing loan (NPL) ratio has been stubbornly high, hovering around 15.6 per cent.
Kenya’s micro, small, and medium enterprises are facing a deep financing squeeze that experts warn could slow job creation and economic expansion if left unresolved.
Trade PS Juma Mukhwana says manufacturing remains one of the country's largest employers after the public sector and has the potential to absorb thousands of young people.
the transport and logistics sector is heavily dependent on fuel and any disruptions will significantly increase costs to both consumer products and commuters.
The plan comes at a time when small businesses and farmers are grappling with limited access to credit, volatile markets and the mounting effects of climate change that slow down growth.