Ollin Sacco members cut celebratory cake on Saturday, June 13, 2026 to mark 50th anniversary. Photo/Courtesy

Ollin Sacco marks 50 years, shifts focus to young members

By Jane Mugambi Ollin Sacco marked its 50th anniversary on Saturday, June 13, 2026, unveiling an expanded growth strategy targeting young members and other professionals as it seeks to deepen financial inclusion and scale its asset base. The Sacco, which began in 1976 as a small teachers’ savings initiative in Kerugoya with just five members,…

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Family Bank CEO Nancy Njau
Family Bank Managing Director and CEO Nancy Njau speaking di=uring a past event. Photo Courtesy

Family Bank secures CMA approval for NSE listing set for June 23

Family Bank has received approval from the Capital Markets Authority (CMA) to proceed with its listing on the Nairobi Securities Exchange (NSE), paving the way for the bank to offer its shares for trading on the public market. The listing, which will be undertaken through an introduction, will allow existing shareholders to trade their shares…

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NCBA General Manager for Branch Business in the Western Region, David Wasamba
NCBA General Manager for Branch Business in the Western Region, David Wasamba speaking during the deal signing at Kabarak University

NCBA, Kabarak University launch programme to boost SME growth

Local small and medium-sized entrepreneurs are set to benefit from a four-month business development programme launched by Kabarak University in partnership with NCBA Bank Group at the university’s Nakuru campus. The initiative aims to equip entrepreneurs and investors with practical business skills, market knowledge, and emerging trends to help them navigate the increasingly competitive business…

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Fresh state inquiry targets Metropolitan Sacco over insolvency and mismanaged billions

The government has launched a fresh inquiry into the operations of Metropolitan National Sacco, focusing on its by‑laws, financial status, and overall sustainability. The move was announced in a gazette notice dated June 15, 2026, by Commissioner for Co‑operative Development David Obonyo. The Sacco was declared technically insolvent in February 2025, after regulators flagged mismanaged…

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Ruto to push for trade and investment partnerships for Africa at G7 Summit

President William Ruto will represent Africa at the upcoming G7 Summit, where he is expected to champion increased investment, expanded trade opportunities, and job creation across the continent. The summit, which brings together leaders of the world’s largest economies, will focus on pressing global challenges including economic resilience, international security, energy security, technological innovation, and…

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Deputy President Kithure Kindiki speaking during the meeting at Harambe House-Photo|Courtesy

Government to roll out second tranche of NYOTA funds on June 27, Says Kindiki

The government has confirmed that the second tranche disbursement under the National Youth Opportunities Towards Advancement (NYOTA) programme will officially begin on June 27, 2026, unlocking fresh business capital for thousands of young entrepreneurs across the country. Announcing the date after receiving an update report at Harambee House on Monday, Deputy President Kithure Kindiki said…

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Parliamentary watchdog probes suspected entry of unsafe sugar into Kenyan market

The National Assembly Committee on Trade, Industry and Cooperatives has begun investigations to determine whether sugar unfit for human consumption has found its way into the Kenyan market through local mills. The Committee, chaired by Ikolomani MP Bernard Shinali, visited the Chathe Group of Companies, which operates under the trade name Kibos and Allied Industries,…

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President Ruto’s invitation to the G7 Summit is a great honour to Kenya

Some opportunities come only once in a generation. When they appear, nations must be prepared to seize them. The 2026 G7 Summit in Biarritz, France, presents such a moment for Kenya. The invitation extended to President William Ruto places Kenya among a select group of countries engaging directly with the world’s most influential political, economic,…

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KTDA compensates Nyeri flood victims with Ksh12,1 million

KTDA pays KSh12.1 million to Nyeri families hit by Gura Canal Floods

The Kenya Tea Development Agency (KTDA) has disbursed Sh12.1 million in compensation to 44 families in Gituagi Village, Nyeri County, whose homes and crops were destroyed when the Gura Hydro Canal collapsed during the recent long‑rain season. Speaking during the compensation announcement, Gura Hydro Power Project Chairman Wambugu Mukundi said the community had embraced the…

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President William Ruto Kenya and President Alexander Stubb Finland during business forum that brought together government and private sector leaders.

Kenya and Finland strengthen cooperation in the digital economy

The forum focused on expanding digital infrastructure, including fibre networks, 5G connectivity, private networks, data centres and cloud services. Discussions also prioritised fintech innovation, leveraging Kenya’s mobile money ecosystem and regulatory environment to boost cross-border digital growth. Both countries agreed on the need to strengthen digital skills development through institutional partnerships and innovation ecosystems. By…

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