CBK opens Ksh60 billion treasury bond sale with returns of up to 13.92% for long-term investors
The Central Bank of Kenya (CBK) has opened bidding for two reopened fixed-coupon Treasury bonds with a combined value of Ksh60 billion, offering Kenyans, including Sacco members and individual investors, an opportunity to earn stable long-term returns with a minimum investment of Ksh 50,000. The bonds, issued under prospectus numbers FXD1/2018/020 and FXD1/2021/025, carry coupon…
Principal Secretary for Livestock Production, Jonathan Mueke speaking during the World Farmers' Organization Annual Meeting and General Assembly on Monday, June 8
Kenya overtakes Egypt as Africa’s top milk producer, says PS Mueke
Kenya has surpassed Egypt to become the largest producer of milk in Africa, according to Principal Secretary for Livestock Production Jonathan Mueke. Speaking in an interview with NTV, Mueke revealed that Kenya’s milk output has risen from 4.6 billion litres to 5.4 billion litres, placing the country ahead of Egypt in continental rankings. “We always…
CAK Chairperson Macloud Malonza speaking during the past event, File image
Sacco leaders push for unified Cooperative movement to strengthen governance and investor confidence
Leaders in the Savings and Credit Cooperative (Sacco) sector are seeking to establish a unified cooperative movement aimed at enhancing governance, strengthening advocacy, and influencing policy discussions on agriculture, housing, and consumer affairs to improve the country’s economic well-being. The proposed movement is expected to address persistent management and governance challenges that have contributed to…
CPA Samuel Karogo Ndung’u. Photo Courtesy
CPA Samuel Ndung’u confirmed as NCPB CEO
The Board of Directors of the National Cereals and Produce Board (NCPB) has confirmed CPA Samuel Karogo Ndung’u as the organization’s substantive Chief Executive Officer (CEO). In a notice, the Board stated that Ndung’u’s appointment followed a competitive recruitment process that received concurrence from the parent ministry. Before his confirmation, he had been serving as…
Cooperatives and MSME Development CS Wycliffe Oparanya addresses delegates during a Shirikiana Sacco training session at Masinde Muliro University of Science and Technology (MMUST) on June 10, ahead of the Sacco’s official launch. Photo Courtesy
Oparanya leads Shirikiana Sacco delegates training ahead of presidential launch
The Cabinet Secretary for Cooperatives and MSME Development Wycliffe Oparanya on Wednesday presided over a training session for delegates of Shirikiana Sacco at Masinde Muliro University of Science and Technology (MMUST), as preparations intensify for the Sacco’s official launch later this week. The training programme, held ahead of the Sacco’s launch by President William Ruto…
Senator Okiya Omtatah-Photo|Courtesy
Omtatah demands Senate probe into affordable housing projects over land-grabbing claims
Busia Senator Okiya Omtatah has formally petitioned the Senate to investigate what he describes as irregular development of Affordable Housing projects on public and community land, warning that the programme risks becoming “a cover for land grabbing.” In a request for a statement submitted to the Senate Standing Committee on Land, Environment and Natural Resources,…
CBK holds lending rate at 8.75% to anchor inflation amid global price shocks
The Central Bank of Kenya (CBK) has retained the Central Bank Rate (CBR) at 8.75 percent for the second consecutive time, following its Monetary Policy Committee (MPC) meeting on June 9, 2026. The regulator said the move is aimed at anchoring inflation expectations in the face of rising global and domestic price pressures. Kenya’s inflation…
NSSF Managing Trustee David Koross-Photo|Courtesy
NSSF declares Ksh715 billion assets, urges workers to save against old‑age poverty
The National Social Security Fund (NSSF) has announced unaudited assets worth Ksh715 billion as of March 30, 2026, attributing the growth to increased trust and collaboration among Kenyan employees in securing their retirement plans. In a statement released on its official X (formerly Twitter) account, the Fund said the expansion reflects confidence from both formal…
FAO, ICLEI to hold urban food systems workshop in Nairobi
The Food and Agriculture Organization (FAO) and Local Governments for Sustainability (ICLEI) are set to host an all-day workshop in Nairobi focused on designing nutrition-sensitive investment strategies for wholesale food markets. Kicking off on Wednesday, June 10, at 8:00 a.m. at the Argyle Grand Hotel, the event will gather city and county officials from Nairobi,…
How Saccos can leverage data mining to revolutionize governance and member services
Data mining is extracting meaningful, significant, implicit, largely undiscovered, potentially beneficial patterns or knowledge from massive amounts of data. It is the series of steps to discover new, hidden, or unexpected ways in data Data mining is not just about understanding the past but also about preparing for the future. It helps businesses understand demand…
