Why businesses are struggling in Nakuru
The other day, a Nakuru based entrepreneur in hospitality sector was lamenting on a social media platform how business wasn't picking up despite investing massively on it, with a bank loan in tune of a million and accrued interest yet to be paid, and contemplated ending her life. Kenyans, in their uncharacteristic true self, rallied online and organically met at her facility in name of supporting the business and giving her the needed moral support, with reports some travelled all the way from Nairobi just to have a plate of food. Hers is not an isolated example as businesses are struggling with notices of vacant spaces for rent plastered on doors where once thriving businesses used to operate at, but have since closed shop. Here's the reason why businesses are struggling or closing shop. No money in circulation There's little money circulating in the economy that many Kenyans don't have any disposable income to spend. It has nothing to do with holiday fes...