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Uhuru raps State agencies for frustrating SMEs

Nyeri traders

President Uhuru Kenyatta has sounded a warning to national and county regulatory bodies that he says are a hindrance to business in the country due to excessive red tape and corruption.
In a speech during Jamhuri Day celebrations Wednesday, Mr Kenyatta urged the State agencies to shed their gate-keeping mentality and instead embrace the role of facilitators for business and trade.
"For those who continue to treat their public offices as toll-stations to harass wananchi, the broom that is sweeping across the nation, will soon find its way to your door steps," he warned without specifying who the targets of his remarks were.
'Too much red tape'
He noted that small and medium size businesses (SMEs) still have to tackle far too much red tape and corruption in their bid to thrive.
Mr Kenyatta also said that the government had teamed up with local commercial banks in order to redesign the Micro & Small Enterprises Authority Fund to unlock much needed affordable credit to SMEs.

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