Busia: The government through the State Department of Micro Small and Medium Enterprise (MSME’s) is in the process of reviewing policies to unlock more business opportunities.
According to Kenya News Agency, during the Western Region Stakeholders’ public participation forum for Micro, Small and Medium Enterprises (MSME’s) policy of 2025 and MSE amendment bill, 2025 held in Busia town, PS for State Department of Micro, Small and Medium Enterprises Department Susan Mang’eni expressed the government’s commitment to fully support the MSME’s sector.
Mang’eni emphasized that MSME’s are a cornerstone of the BETA agenda and fundamental to economic growth. This has prompted the need for a reassessment of the regulatory and policy framework to simplify business processes and reduce entry costs. She highlighted the array of opportunities available in the global market, underscoring the necessity for policy adjustments to access these opportunities through appropriate frameworks.
Mang’eni pointed out the potential for global trade and economic partnership agreements, such as those with the European Union and the USA, which could be tapped into by revising current policies. She noted that 98% of businesses are MSME’s, and individuals within this sector should be poised to seize these opportunities through government initiatives.
The PS also stressed the importance of addressing gaps in medium enterprises, which could lead to increased job creation. Improved legislation and policies are seen as catalysts for growth from micro to small enterprises, fostering innovation and employment in medium enterprises.
Mang’eni urged stakeholders to collaborate in fostering a conducive business environment. She advocated for value addition across various sectors, citing examples like consultancy services in healthcare, and encouraged collective efforts to support MSME’s.
Mang’eni further challenged residents to enhance the production of agricultural products like groundnuts and sim sim, which can produce edible oil, reducing the country’s import bill. She highlighted the potential for economic retention by increasing local production.
Participants like Christopher Kwache from Vihiga called for unity in benefiting from government funds to stimulate business and job creation. He encouraged people, including those with disabilities, to form groups and register to access opportunities.
Busia County Bodaboda Chairperson Bonface Okumu shared his optimism that the forum would ensure grassroots voices are heard and considered in policy formulation, impacting lives positively.