Micro and small enterprises hold key to national prosperity - Daily Nation

Daily Nation LogoMicro and small enterprises (MSMEs) are a key pillar in national economic development. This is the reason they generate a lot of interest among economic planners.

Falling under the Micro and Small Enterprises Act, these micro enterprises have a maximum turnover of Sh500,000 and employ less than 10 people, while small enterprises have a turnover of between Sh500,000 and Sh5 million and 10 to 49 employees.

Although medium enterprises are not covered under this law, they are said to make a turnover of between Sh5 million and Sh800 million yearly and have 50 to 99 employees. There about 7.5 million MSMEs, contributing 40 per cent to the GDP.

Read More >

Contact Us

  • Utalii House, Utalii Lane, 10th Floor, Nairobi
  • +254 (20) 3340006 / +254700666000 / +254(0)770 666 000
  • mseakenya@mseauthority.go.ke
  • P.O. Box 48823–00100 Nairobi

Subscribe Now

Subscribe for updates on vacancies, tender opportunities and other MSEA updates
We do not spam your inbox.