Kilifi: A Member of the Kilifi County Assembly has introduced a motion seeking a one-year tax holiday for emerging entrepreneurs in the region. The motion, proposed by Deputy Majority Whip Twahir Abdulkarim, is designed to alleviate the financial burden on beneficiaries of the National Youth Opportunities Towards Advancement (Nyota) programme, recently initiated by President William Ruto.
According to Kenya News Agency, Mr. Twahir, representing Shella Ward, announced at the County Assembly that the motion aims to benefit 2,450 young individuals in the county who are set to receive a total of Sh122.5 million from the Nyota Fund, along with recipients of similar funds. The proposal seeks to exempt these beneficiaries from paying for single business permits and other county levies for a year, providing them with the necessary respite as they embark on their entrepreneurial journeys.
Mr. Twahir emphasized the importance of using the funds solely for business purposes and cautioned against spending on leisure activities. He expressed confidence that this approach would lead to success and serve as inspiration for others.
The motion was not deliberated on Tuesday due to a lack of quorum, which led to the adjournment of the House business. Mr. Twahir highlighted that the motion aligns with the county administration's dedication to empowering the youth by creating a favorable business environment, referencing Governor Gedion Mung'aro's directive to waive Sh300 monthly sticker fees for all bodaboda operators.
Mr. Twahir encouraged the youth to actively seek opportunities and submit proposals for projects needing government backing, with the aim of nurturing youth-owned businesses. The proposal has garnered significant support from young entrepreneurs who have called on Members of the County Assembly to approve Twahir's motion.
Local musician Rodgers Osiro, leader of the Osiro Music Band, expressed that the tax relief would be vital in sustaining his band, which both entertains tourists and supports 15 members. Community activist Mubarak Islam Ahmed, also known as Obama, praised the initiative for its potential in reducing youth unemployment and crime, stating that a tax holiday would motivate young people to start businesses and improve security by providing employment.
Entrepreneur Msanii Charo, who operates a pineapple and coconut distribution business, noted that current county fees place a strain on his business, highlighting the necessity of the proposed tax holiday.