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MUHIA: Financial discipline key to long-term success for SMEs

Daniel Muhia from MGK Consulting talks on how busineses can remain resilient

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by MARTIN MWITA

Kenya21 July 2025 - 08:00
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Daniel Muhia, Managing Partner at MGK Consulting./HANDOUT

In Kenya, a significant number of Small and Medium Enterprises (SMEs) fail, with estimates suggesting that close to 400,000 die annually. 

A large proportion of these businesses, around 46 per cent, do not survive their first year of operation. 

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