SMEs
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KRA Launches USSD Code to Ease Tax Services for SMEs
In a bid to make tax services accessible to small businesses the Kenya Revenue Authority (KRA) has rolled out a USSD that will enable taxpayers to access tax services without internet connectivity. KRA acknowledges that not every taxpayer in the country has access to digital devices, stable internet and digital literacy to use the internet-based…
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Relief for Borrowers as CBK Approves More Digital Credit Providers
The Central Bank of Kenya (CBK) approved licenses for 27 more Digital Credit Providers (DCPs), bringing the total number of licensed lenders to 153. In a statement released on Thursday, CBK noted that this development follows the licensing of 41 DCPs in June 2025, just three months ago. The regulator revealed that since March 2022,…
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Unlocking SME Potential Through Strategic Partnerships
Stakeholder outreach to small businesses, regulators, lobby groups, and financial partners has unveiled significant opportunities for enhancing the resilience and sustainability of small and medium enterprises (SMEs) during challenging economic times. By engaging in collaborative business caucuses, these small players are able to tap into expert advice, share effective coping strategies, and forge meaningful connections…
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Pesapal and RACK Unveil Business Tool for East African SMEs
Financial technology firm Pesapal has partnered with RACK, a cloud-based point-of-sale (POS) platform, to roll out a fully integrated business management solution targeting millions of small and medium enterprises (SMEs) across Kenya, Uganda, and Tanzania. The collaboration, announced on Tuesday, aims to simplify and digitize core business operations for SMEs, enabling them to manage sales,…
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