The Lower Eastern Times Opening The Third Eye
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Co-operatives Cabinet Secretary Wycliffe Oparanya has stirred public debate after stating that formal employment on its own is unlikely to make someone wealthy.
Speaking at a public event, Oparanya suggested that individuals who appear rich while relying solely on a salary may be engaging in questionable practices, arguing that true wealth in Kenya is largely built through business ventures rather than monthly pay.
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He emphasized that entrepreneurship plays a central role in financial growth, noting that millions of Kenyans depend on small businesses for their livelihoods.
According to the CS, about 22 million people are engaged in small-scale enterprises, making them a key focus of government support through policies and financial initiatives.
He said his ministry is working to strengthen micro, small, and medium enterprises (MSMEs) by helping entrepreneurs access capital and grow their ventures.
Oparanya added that this large informal sector should not be overlooked, as it is critical to economic development and household income generation.
He explained that efforts are underway to organize small traders and business owners into groups that can benefit from funding and expansion opportunities.
The CS maintained that entrepreneurship offers a more reliable path to financial success, urging Kenyans to move away from overdependence on salaried jobs.
He framed his remarks within the government’s broader strategy of promoting grassroots wealth creation, saying empowering small businesses will boost incomes, support families, and strengthen the national economy.
Oparanya concluded that supporting MSMEs remains a priority, as they are a major driver of economic growth in the country.
