Ruto orders two-year business permit waiver for NYOTA beneficiaries
President William Ruto has directed county governments to waive business permit fees for beneficiaries of the National Youth Opportunities Towards Advancement (NYOTA) Programme for two years as the government moves to lower the cost of doing business for young entrepreneurs...
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President William Ruto has ordered county governments to waive business permit fees for two years for beneficiaries of the National Youth Opportunities Towards Advancement (NYOTA) Programme, aiming to reduce the cost of doing business for young entrepreneurs.
- Over Ksh3.05 billion was disbursed to more than 122,000 young entrepreneurs across 47 counties under the NYOTA Programme.
- Key figures involved include President William Ruto and county governments, coordinated by the Intergovernmental Budget and Economic Council (IBEC) and the Ministry of Co-operatives and MSMEs Development.
- The waiver aims to allow young enterprises time to grow before incurring compliance costs, as highlighted during the launch of the second tranche of the NYOTA Start-Up Capital Programme on Friday at the Ulinzi Sports Complex, Nairobi.
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Ruto Orders Two-Year Licence Waiver for NYOTA Businesses - July 2026
President William Ruto has ordered county governments to waive business permit fees for two years for beneficiaries of the National Youth Opportunities Towards Advancement (NYOTA) Programme, aiming to reduce the cost of doing business for young entrepreneurs. He also directed government financing institutions to create a new funding product for beneficiaries who need expansion capital for their businesses. The second phase of the Nyota Start-Up Capital Programme, a five-year initiative, was launched at the Ulinzi Complex, with the government disbursing the second tranche to 122,000 young people. In Nakuru, Deputy President Kithure Kindiki launched the second phase of NYOTA Programme disbursements, while approximately 7,000 youth from Uasin Gishu, Elgeyo Marakwet, and Nandi counties received funding through the initiative.
