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Why World Bank is concerned over capital demand on SMEs: The institution says that minimum capital requirements for SMEs retard their development and

By James Anyanzwa

The World Bank says small and medium-size enterprises have less access to bank financing in economies with high minimum capital requirements. [PHOTO: FILE /STANDARD]

 The World Bank has raised concerns over the minimum capital requirement regulation for small businesses. The bank says such a rule stifles entrepreneurial activity in an economy.

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