Business

Local handcrafts dealers are pushing for an alliance to boost market access for their products through exports in a bid to balance the country’s trade deficit.

In a move aimed at empowering Small and Medium Entrepreneurs (SMEs) with business management skills, Bidnetwork—an international organisation that links entrepreneurs with potential financiers—has embarked on training of entrepreneurs, as part of preparations for an SME exhibition due this Friday.

Kenya's economy is projected to grow 3.5 percent to 4.5 percent this year, according to the country's economic survey for 2012 published on Tuesday, weighed down by high interest rates, excessive rainfall and high spending because of the general elections.