Small and Medium-sized Enterprises are the hardest hit as Covid-19 takes a toll on the economy and they need support, Safaricom CEO Peter Ndegwa has said. “Small companies are more affected than large companies. We have to pay attention to small companies,” Ndegwa said. He said the telco, in partnership with other corporates including banks and other like-minded entities, is ready to support SMEs recover from the effects of Covid-19. “We have seen a lot of transfers on M-Pesa although economic activities are down,” Ndegwa said.

Source: The Star May 28, 2020 02:03 UTC