Treasury, state agencies in court over unpaid insurance benefits
The National Treasury, SHA, IRA and other state agencies have been sued over alleged failures to manage public servants’ insurance schemes and settle claims exceeding Ksh20 billion. The petition alleges decades of unpaid death, disability and work injury benefits affecting civil servants, teachers and security officers. The case seeks a court declaration that the government’s…
KRA Customs revenue hits record Ksh 988.8bn in FY2025/26
KRA Customs collected a record Ksh 988.8 billion in FY2025/26, beating its target. Revenue grew 12.4 per cent as stronger compliance and technology boosted collections. KRA is expanding digital customs systems to improve trade and revenue collection. The Kenya Revenue Authority’s (KRA) Customs and Border Control (C&BC) Department has surpassed its target of Ksh 980.794…
Inside the Mwea project trying to end Kenya’s rice imports
A Ksh 580 million Korea funded rice seed project in Mwea aims to reduce Kenya’s rice deficit by producing high quality certified seeds. The K Rice Belt Project will produce about 700 tonnes of certified rice seed annually and train farmers on modern farming technologies. The initiative seeks to cut rice imports, boost farmer yields…
MPs review bill for Ksh72.26bn extra county funding
MPs are reviewing a Bill proposing an additional Ksh 72.26 billion for county governments in the 2026/27 financial year. The funding will support County Aggregation and Industrial Parks, drought resilience, agriculture, informal settlements and other development programmes. The National Assembly is expected to debate the Budget and Appropriations Committee’s report before deciding on the proposed…
CS Ministry of Agriculture and Livestock Development Mutahi Kagwe in Kwale County. Photo/courtesy
Kwale sugar factory revival plan promises jobs, payouts
Government launches a multi stakeholder plan to revive Kwale International Sugar Company and restore jobs. Farmers to receive Ksh 66 million in pending payments as part of efforts to restart sugarcane production. Revival targets higher local sugar production, reduced imports and renewed economic activity across the Coast region. The national government has launched an ambitious…
Experts call for deeper capital markets to fund SMEs
Experts urge Kenya to deepen capital markets to unlock long term financing for SMEs. SMEs remain underserved as heavy reliance on bank lending limits access to affordable growth capital. Pension funds and institutional investors urged to channel more domestic savings into productive private sector investments instead of government securities. Industry experts have called on Kenya…
Mwalimu Sacco unveils first sustainability report
Mwalimu National DT Sacco has launched its first sustainability report outlining its ESG progress and governance initiatives. The Sacco reduced its non performing loan ratio to 2.4 per cent, resolved 2,384 member complaints and planted 17,000 trees and mangrove seedlings. The report highlights the Sacco’s commitment to sustainability, transparency and long term growth. Mwalimu National…
KCB Bank Kenya MD Annastacia Kimtai (left) and European Bank for Reconstruction & Development (EBRD) Director for Sub-Saharan Africa Dr. Heike Harmgart (right) pose during the signing of a KSh 12.9 billion financing facility in Nairobi. Photo/ KCB Bank
KCB secures Ksh12.9bn EBRD funding for SME lending
KCB Bank Kenya has secured Ksh12.9 billion (US$100 million) from the European Bank for Reconstruction and Development to expand MSME lending. Women and youth owned businesses will receive 35 per cent of the funding, while 30 per cent will support green investments. The facility will also provide technical assistance to strengthen KCB’s green financing and…
Bodaboda riders receives a cheque after an empowerment meeting at Mukuyuni
Social Hall. Photo/ Lydia Ngoolo
Kaiti bodaboda Saccos get Ksh2.5m, urged to invest wisely
Ksh2.5 million was disbursed to bodaboda SACCOs in Kaiti, benefiting 1,200 riders. Leaders urged the groups to invest the funds in profitable projects. Mukuyuni Self Help Group received Ksh449,000 and plans to start a petrol station. Leaders have called on bodaboda Saccos in Kaiti constituency, Makueni County, to invest the Ksh2.5 million disbursed under a…
Migori farmers rush for subsidised fertiliser as short rains near
Hundreds of Migori farmers are flocking to NCPB depots to buy subsidised fertiliser and certified maize seeds ahead of the expected short rains. NCPB says it has adequate fertiliser and seed stocks, urging farmers to buy only from authorised depots as concerns emerge over middlemen and limited DAP supplies. Farmers hope timely rains and access…
