Most small business owners did not go past high school

PHOTO | BD GRAPHIC

Majority of the micro, small and medium sized enterprises (MSMEs), are operated by individuals whose highest level of education is secondary school, fresh data on this important sector of the economy shows.

The recently released Economics Survey 2017 shows that about one third of owners of licensed MSMEs completed their secondary school, while 23.3 per cent of them have KCPE certificates. In contrast, just 9.8 per cent of small business are university degree holders.

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Note: The results are not exact but very close to the actual.