Laikipia county is partnering with banks to offer a stimulus package loan of Sh3.3 billion to business people. This is primarily working capital to boost traders and enable them reopen businesses affected by the COVID-19 pandemic. On Monday, Governor Ndiritu Muriithi said traders can access as much as Sh2 million at an interest of seven percent. Muriithi said during the 2018-19 financial year, the county collected Sh815 million of own source revenue. Muriithi said the Constitution is clear that the licensing and control of establishment that sell food to the public is a county function.
Source: The Star October 20, 2020 00:56 UTC