Kikuyu MP Kimani Ichung'wah, Deputy President Rigathi Gachagua, President William Ruto and SMEs CS Simon Chelugui during the commissioning of a modernised New KCC factory in Nyahururu on January 10, 2024.
Tax is the main source of revenue for the government’s development projects and recurrent expenditure financing. However, tax compliance among SMEs is poor. SMEs have been recognised as a priority sector for growth and development in Kenya. With more than 70 percent of the country’s GDP under SME’s control, they play a critical role in achieving our country’s targeted rates for economic growth and employment figures.
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