Mohamed also stated that it is not permissible in Islam to conduct business on the road. "It is haram to do business on the road, it is against the teachings of Islam."
Mohamed Yusuf Haji Avenue is the busiest in Eastleigh, with more than 50 malls that serve many shoppers daily.
The collaboration is a joint effort between the International Financial Corporation (IFC), a member of the World Bank Group, and Strathmore University.
"As you know, Somalis are great goal scorers when it comes to business creation in East African countries," said Hamza.
The discussions centred on the enhancement of the association's registration process.
The notable surge in police presence within the vicinity, both in uniform and undercover, has effectively curtailed criminal activities in the area.
The raids that have taken place every Tuesday since January have left traders counting heavy losses and resulted in protests that have seen the deployment of armed police officers to the business hub.
The meeting of traditional elders, the business community and the area MP discussed crucial issues such as continued harassment by security officers, security and the garbage menace.
The ceremony witnessed a gathering of political and cultural leaders from both Somalia and Kenya.
KRA Commissioner General Humphrey Wattanga said the taxman was committed to enhancing trade facilitation and simplification of tax payment and enhanced compliance.