How small businesses can build resilience to weather Covid-19

Kenyan SMEs experienced an average mortality rate of 75 percent within the first three years of inception (KNBS 2016), with the Covid-19 throwing a spanner in the works, most likely increasing the mortality rate to 75 percent by end of June, 2020, according to a statement by the Central Bank of Kenya Governor.

With all things held constant theoretically, all SMEs should be out of business by end of August. Isaac Newton’s first law of motion indicates that an object will continue to move at a constant velocity unless it encounters a force equal or above it to either arrest it or change its direction.