Why timely payments to suppliers could unlock the growth of SMEs

Attendees during the 6th SMEs Conference and Expo at Kenyatta International Convention Centre (KICC) in Nairobi on March 27, 2025.

Photo credit: File | Nation Media Group

By restoring payment discipline and clearing Sh526 billion in pending bills, Kenya may be activating one of the most powerful—and least costly—levers for SME growth, job creation and financial-sector stability.

Recent Treasury actions, including the clearance of Sh123 billion in verified arrears and a planned Sh175 billion bond to settle outstanding bills, have drawn attention to infrastructure suppliers.

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