Comprising of a great majority of the people, the Kenyan youth have been greatly factorwd in the changes anticipated through the Building Bridges Initiative. Factoring in that the youth make 20 per cent of all Kenyans, the country’s youth population is made up of over 9.5 million people.
Through the initiative, youth matters revolving around businesses, are set to benefit financially as the BBI has put into consideration Youth starting micro and medium-sized enterprises as they will be granted a tax holiday alongside other incentives to expand business opportunities and innovation. This will go a long way in reducing youth unemployment, crime and even improve the general social fabric of the society
Having read and understood the report many youth have taken it upon themselves to educate their counterparts on the Initiative and it’s benefits. With assured peace, stability and premised on unity, the youth have taken it upon themselves to educate their peers and even the elderly on the benefits of the BBI. This is so because inclusivity is also among the key pillars of the report.
Futuristic and set to benefit generations,young people starting small businesses will be allowed to operate for seven years without paying taxes. This is meant to empower the youth through self employment and job creation, and will mainly cover micro and medium-sized enterprises with the tax holiday coming alongside other incentives to expand business opportunities and innovation.
The BBI report is an opportunity for growth of the youth that will have a ripple effect to the society and generations to come.