Governor Wavinya Ndeti Pledges On Economic Empowerment

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Governor Wavinya Ndeti Pledges On Economic Empowerment

My Vision on Economic Empowerment in Machakos County is improved livelihoods by ensuring equitable and sustainable economic prosperity

My Commitment on Economic Empowerment is to:

  • Establish WIKWATYO FUND that will be anchored in law to provide a revolving source of funds for among others to SMEs, farmers and groups
  • Create job opportunities for the youth by creating a conducive environment in Machakos for investment and business.
  • Promote and support cooperatives in various economic activities such as agriculture, Jua Kali, woodcarving and basketry by providing seed capital and linkages to markets both within and outside Kenya
  • Support SMEs and MSMEs by training the proprietors/owners on sustainable business practices and through negotiating access to affordable credit facilities.
  • Construct usable sheds (connected to electricity) for Juakali artisans while at the same time linking them with institutions such as KIRDI to patent their innovations
  • Engage in an aggressive campaign to attract direct investment to Machakos County by invigorating the Machakos Investment Board (MIB) and creating conditions favorable to investors such as enhanced security and affordable county taxes
  • Re-evaluate county business fees, taxes and land rates with a view of making them affordable to SMEs in the County Promote Public Private Partnerships by taking advantage of the PPP Act 2021 as an alternative to financing of projects within the county jointly with private entities or with CBOs
  • Establish an Alternative Finance Sources Committee to oversee the attraction and management of Donor Funds/Grants to the county. This will support the County allocation from the Exchequer in enhancing the earmarked empowerment programs.

SOURCE: Citizen Digital

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