Tag: victor otieno
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.
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.
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.
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.
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.
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.
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.
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.