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<p>Kenya&#8217;s Treasury Cabinet Secretary Ukur Yattani is set to issue the 2021/22 Fiscal year budget statement tomorrow. This year&#8217;s budget is set in the context of a very challenging economic environment. So, what does the budget hold for SMEs who have been hardest hit by the Covid-19 pandemic? CNBC Africa spoke with the Managing Director at Viffa Consult, Victor Otieno for more.</p>


What the 2021 Kenyan budget means for SMEs

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<p>Last year, African start-ups beat the pandemic odds, racking up multi-million-dollar mergers and acquisitions. Will this trend continue this year? CNBC Africa is joined by the Managing Director at Viffa Consult, Victor Otieno for more.</p>


What’s driving investor appetite for African start-ups?

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<p>Following complaints from local entrepreneurs, the Kenyan government is planning to exempt start-ups from a 1.5 per cent digital tax that aims to expand the tax base. To understand implications of the tax on the start-up ecosystem, CNBC Africa spoke to Victor Otieno, Managing Director at Viffa Consult.</p>


Kenyan govt. to exempt start-ups from digital tax

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<p>A UN study that assesses the ability of countries to produce and export manufactured goods competitively shows that East African nations are lagging with Kenya for example ranked 115 out of 152 countries. Observers worry that this lack of competitiveness will undermine the effectiveness of the AfCTA to regional businesses. CNBC Africa spoke with Victor Otieno, MD at Viffa Consult for more.</p>


AFCTA: How to drive East Africa’s competitiveness

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<p>Kenyan Central Bank is seeking to regulate digital lending in an effort to curb rates which it says are disproportionately expensive compared to traditional products. How serious is this issue and what implications would the decision have? Victor Otieno, Managing Director at Viffa Consult joins CNBC Africa for more.</p>


Kenya seeks to regulate digital loans

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<p>Last month, Kenya published a start-up bill that aims to improve the start-up ecosystem by facilitating access to capital, lowering barriers to entry into market, among others. Victor Otieno, Managing Director at Viffa Consult shares updates and further insights into how it’ll shape the SME ecosystem.</p>


How the Start-up Bill impacts Kenya’s SME ecosystem

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<p>Published on the 14th of September this year, Kenya’s Start-Up Bill is designed to address challenges faced by start-ups in the country that hinder their growth. The bill is set to be debated in both Senate and National Assembly before becoming law and CNBC Africa spoke with SME Consultant, Victor Otieno for more.</p>


Kenya’s Start-Up Bill: Here’s what you need to know

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<p>Over the past 12 months, the Kenyan Government and other economic stakeholders have made a number of interventions designed to safeguard, support and uplift the delicate but essential small and medium enterprises of Kenya. Some of those efforts have been a success while others seem to have fallen by the wayside. Viffa Consult MD, Victor Otieno joins CNBC Africa for more.</p>


Kenyan SMEs struggle to stay afloat amid COVID shocks

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<p>For years Kenyan SMEs, despite being considered the backbone of the economy in many ways, have suffered a mortality rate of 75 per cent. While various efforts have been made on behalf of the Government to support and uplift the SME sector; many of those efforts haven’t been sufficiently followed up on in order to track their progress. This was the premise for the latest article by SME consultancy firm, Viffa Consult and CNBC Africa spoke to Managing Director, Victor Otieno for more.</p>


Viffa Consult: Why Kenya could benefit from a National SME Intervention report card

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<p>In yet another growth market opportunity report, Viffa Consult has outlined the benefits of investing in Kenyan start-ups amid the pandemic. CNBC Africa spoke to Managing Director, Victor Otieno for more.</p>


Viffa Consult on the investment case for Kenyan start-ups amid COVID-19

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<p>Kenya-based SME consultancy firm, Viffa Consult, has begun identifying sectors with growth potential for SMEs and entrepreneurs to explore despite COVID-19 challenges. They’ve today released the first report in what will be a series, all about the coconut commodity market in Kenya. CNBC Africa spoke to Managing Director, Victor Otieno for more.</p>


How to identify potential growth sectors for SMEs amid COVID-19

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<p>This year was poised to see major strides in access to finance for SMEs in Kenya. Promising initiatives such as the repeal of the interest rate cap, financing opportunities though the African Development Bank and the establishment of a credit guarantee scheme are just a few of the steps that were underway. But now that the Covid-19 pandemic has reshuffled priorities and budgets worldwide, where does that leave vulnerable Kenyan SMEs? SME Consultant, Victor Otieno joins CNBC Africa for more.</p>


How COVID-19 is affecting SME funding in Kenya

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<p>This week the National Assembly of Kenya met and passed amendments that could stand to benefit Kenyan SMEs, CNBC Africa spoke to SME Consultant, Victor Otieno on how much of help this will be to the sector and what else can be done during this difficult time.</p>


Kenyan govt. steps in to help small businesses survive COVID-19

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<p>The current COVID-19 crisis has seen millions of dollars in investments lost across industries worldwide and it seems no one is safe, so what does that mean for vulnerable SMEs in Kenya and the rest of the region? Managing Director of Viffa Consult joins CNBC Africa for more.</p>


How Kenyan SME’s are coping with reduced business due to COVID-19

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<p>Last year saw Small and medium-sized enterprises (SMEs) contributing over 30 to the Gross domestic product (GDP) of Kenya, with 83.6 per cent of the country&#8217;s total employment created attributed to them, but they did face some challenges. SME Consultant, Victor Otieno joins CNBC Africa to discuss solutions that will enable this sector of entrepreneurs contribute even more in 2020.</p>


Here’s how Kenyan SMEs can raise their GDP contribution in 2020

How Kenyan SMEs can contribute more to the country’s GDP in 2020

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<p>Financing, trends and regulations; how has the year up until now treated Kenya&#8217;s small and medium enterprises?  SME Consultant, Victor Otieno joins CNBC Africa to discuss his findings in the Kenya SME Performance Index for 2019.</p>


Here’s how Kenyan SMEs performed in 2019

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<p>Over the past week we&#8217;ve seen stories coming out of Kenya such as the beginning of operations for the second phase of the Standard Gauge Railway despite viability and funding concerns – President Uhuru Kenyatta rejecting a bill to retain interest rate caps and the country setting up warehouses around the region to drive exports. For more context on these headlines, Analyst and SME Consultant, Victor Otieno joins CNBC Africa.</p>


victor otieno

What the 2021 Kenyan budget means for SMEs

What’s driving investor appetite for African start-ups?

Kenyan govt. to exempt start-ups from digital tax

AFCTA: How to drive East Africa’s competitiveness

Kenya seeks to regulate digital loans

How the Start-up Bill impacts Kenya’s SME ecosystem

Kenya’s Start-Up Bill: Here’s what you need to know

Kenyan SMEs struggle to stay afloat amid COVID shocks

Viffa Consult: Why Kenya could benefit from a National SME Intervention report card

Viffa Consult on the investment case for Kenyan start-ups amid COVID-19

How to identify potential growth sectors for SMEs amid COVID-19

How COVID-19 is affecting SME funding in Kenya

Kenyan govt. steps in to help small businesses survive COVID-19

How Kenyan SME’s are coping with reduced business due to COVID-19

How Kenyan SMEs can contribute more to the country’s GDP in 2020

Here’s how Kenyan SMEs performed in 2019

SGR Phase 2 Operations begin despite viability & funding concerns

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victor otieno

What the 2021 Kenyan budget means for SMEs

What’s driving investor appetite for African start-ups?

Kenyan govt. to exempt start-ups from digital tax

AFCTA: How to drive East Africa’s competitiveness

Kenya seeks to regulate digital loans

How the Start-up Bill impacts Kenya’s SME ecosystem

Kenya’s Start-Up Bill: Here’s what you need to know

Kenyan SMEs struggle to stay afloat amid COVID shocks

Viffa Consult: Why Kenya could benefit from a National SME Intervention report card

Viffa Consult on the investment case for Kenyan start-ups amid COVID-19

How to identify potential growth sectors for SMEs amid COVID-19

How COVID-19 is affecting SME funding in Kenya

Kenyan govt. steps in to help small businesses survive COVID-19

How Kenyan SME’s are coping with reduced business due to COVID-19

How Kenyan SMEs can contribute more to the country’s GDP in 2020

Here’s how Kenyan SMEs performed in 2019

SGR Phase 2 Operations begin despite viability & funding concerns

News Tips

Advertise With Us

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