More SMEs on the brink as virus takes a toll on economy

Biashara Street in Nairobi in February. The state credit will be availed to the SMEs next month, a time when most business owners say they would have closed shop. [Edward Kiplimo,Standard]

Kevin Amunga stares blankly at his half stocked shelves in his phone and electronics shop in the busy streets of Moi Avenue in Nairobi’s Central Business District (CBD)

His shop is sandwiched between six others that remain closed, having been hit hard by the coronavirus pandemic that has ripped economies globally.