Small scale traders running eateries are a happy lot. This is following the news that the traders will receive a financial boost to facilitate their smooth reopening, post covid-19.
Under the Coca-Cola led campaign ‘Open Like Never Before’, close to 18,000 eateries will be graced with a Sh. 125 million kitty to be spent on enhancing hygienic standards, training staff and equipping the eating joints with the required masks and face shields, hand-washing jerrycans and sanitizers.
Coca- Cola disclosed the information when it launched a six-month partnership alongside Absa, Amref Health Africa and the Women Enterprise Fund, in which eateries will get support to meet the strict Covid-19 safety regulations and funds to restock their businesses.
Read Also: https://myniusline.com/kenya-lifts-ban-on-mitumba-importation/
Stamping the partnership, Coca-Cola finance director Josphat Mwangi said that corporate firms have a societal duty to support SMEs to recoup losses made in the past six months and thrive economically.
“We believe as corporate, we have a societal duty to support SMEs to recoup losses made in the past six months and thrive as they have always done,” Mr. Josphat said.
Read Also: https://myniusline.com/world-bank-forecasts-5-2-growth-for-kenya-post-crisis/
The hospitality industry was the most hit by the Corona Virus pandemic. Preventative measures put in place to curb the spread of the virus like stay at home advisories, saw the sector close their doors and lay off workers.
