How wrong classification of businesses hurts State planning

Businessman placing a chess piece on a pyramid of wooden building blocks in a concept of success and achievement in a close up view of his arm. [Courtesy]

Wrong categorisation of businesses and the lack of a standard definition of micro, small, and medium enterprises (SMEs) have stood out as major challenges to the government’s ability to get precise data from the private sector.

Investments, Trade, and Industry Cabinet Secretary Lee Kinyanjui has pointed out the existing gaps when it comes to data collection in the industry.

By Ben Ahenda 22 hrs ago
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