• Nairobi physician and entrepreneur Dr Victor Ng’ani has announced the closure of his small business after 20 months in business.
• He lamented the difficult environment for small businesses in Kenya, citing excessive levies, lack of support and abusive regulations.
• “It’s my team that matters most to me. They are good people and I honestly think they made a good change. Where do they start? he asked

Nairobi – Dr Victor Ng’ani, a respected professional and entrepreneur, has announced the closure of his small business after 20 months of operation.

He lamented the difficult environment for small businesses in Kenya, citing excessive levies, lack of support and abusive regulations as major challenges.

In an article on X, Dr Ng’ani revealed that the development had put seven employees out of work.

He cited a specific example of a new restaurant tax, 2 percent of gross receipts, approved by a Cabinet secretary.

Read also

Angela Moraa: A relative denies rumors that Kisii’s wife found dead with her lover was married in the United States

“This levy, like many others, is paid by struggling businesses, but funds government operations through our taxes,” he added.

Dr Ng’ani called for reforms to address the challenges of small businesses, including reducing unnecessary regulations and taxes.

When contacted for comment, he said TUKO.co.ke that they had invested in a restaurant in Upperhill, hoping to capitalize on human trafficking.

However, Dr Ng’ani clarified that he never paid the 2% catering tax during the entire time the business was operating.

“They sent us summons and police notices and threatened to close the restaurant, but we held on until the last day,” he said.

He reiterated that providing tax incentives, improving access to affordable credit and protecting entrepreneurs from abusive financial practices would help entrepreneurs.

He decided to close the business after it suffered significant financial losses while trying to keep it afloat.

The growing challenges proved insurmountable despite their efforts, forcing them to throw in the towel.

Read also

Mobile phone dealers urge government to pay attention to plight of digital economy when formulating policies

He expressed concern about the livelihoods of the seven employees who now find themselves unemployed.

“It’s my team that matters most to me. They are good people and I honestly think they made a good change. Where do they start? he asked.

Source: TUKO.co.ke