President Uhuru Kenyatta has today ordered that the CS Energy, Charles Keter should review electricity charges in the next 1 month with a view to reduce cost specifically to the small and medium-sized enterprises. This move comes after his statement saying that the cost of electricity has truly gone up a concern that has been raised by Kenyans for quite some time.
The #SMEs community, represents 75% of the country’s workforce and this is the reason why President Kenyatta said there was a need to sit down and know how best we will respond to the industry. “We owe it to them” he stated.
Even though the Finance Bill has been passed President Kenyatta has urged Kenyans to think outside the box on how to make the economy work especially for small and medium-sized enterprises.
President Kenyatta was speaking during the SME 2018 conference which was held today at the Strathmore University.
According to President Kenyatta, the conference is intentional with its aim being the start of a new conversation about #SMEs in #Kenya: one that fully recognises their hard work, innovation, and their contribution to the prosperity of the nation.
“I have directed the Cabinet Secretary for Energy @ketercharles to review electricity cost SMEs and come up with a sustainable plan to ensure the cost of power to small and medium-sized enterprises is brought down.
President Uhuru Kenyatta: The cost of electricity has truly gone up.I direct the CS Energy to review electricity charges in the next 1 month with a view to reduce cost #SemaNaCitizen pic.twitter.com/uVEad5yvI0
— Citizen TV Kenya (@citizentvkenya) October 16, 2018
President Kenyatta also assured that a follow up will be done two months later in order to evaluate the strides made from the matters that were brought up during today’s conference.
We shall meet here after two months and evaluate the strides made from the matters arising here today. This is my promise | #SMEconference2018 #SMEroundtable @WilliamsRuto pic.twitter.com/nD7jhq7f2N
— Uhuru Kenyatta (@UKenyatta) October 16, 2018