Last year, the informal sector employed 6,407,200 up from 5,992,800 in 2004, a growth of 6.9 percent or 414,400 new jobs, said FKE chairman, Mr. Karanja Kabage.
But in the modern wage employment, only 44,000 new jobs were created last year, Kabage
said yesterday in
at the start of a two-day workshop on entrepreneurship and business development.
In the Economic Recovery Strategy (ERS), the Government set a goal of 500,000 new jobs every year, where 88 percent would come from the small and micro enterprises.
challenged the Government, saying that achieving economic recovery, â€œthe immediate need of the country is to stimulate and sustain the growth of micro and, small and medium-sized enterprisesâ€.
One way of achieving the goal was to, Kabage
added, reduce the cost of doing business, thus supporting and nurturing entrepreneurship and creating jobs.
said it was entrepreneurship propping the informal sector, otherwise known as jua kali.
faulted vocational and technical training, saying there were no curricula targeting business start-ups, survival and growth.