Aerial view of the progress of the Gikomba Market project.-Photo/ Raymond Omollo on X

Gikomba Market transformation to boost safety and SME trade

Gikomba Market is getting three modern blocks to improve safety and trading conditions. Phase One will provide stalls for up to 7,000 traders. The complex will feature a day care centre, ICT hub and fire station. Nairobi’s Gikomba Market is undergoing a major transformation, with three multi-storey blocks rising as the government replaces its congested…

Read More
Delegation from EACC, SASRA, State Department for Cooperatives and other industry leaders during the presentation of EACC report.- Photo courtesy

EACC flags governance gaps in Kenya’s co-ops sector

Commission calls for stronger controls to prevent corruption and protect resources Co-operatives department commits to reviewing and implementing recommendations The Ethics and Anti-Corruption Commission (EACC) has flagged governance and oversight weaknesses in Kenya’s co-operative sector that could open the door to corruption. The Commission presented its report on the examination of systems in the co-operative…

Read More
Suspected counterfeit sugar seized by police in Kitale.-Photo courtesy

Sugar Board, police crack down on illegal sugar in Kitale

Sugar Board and police launch crackdown on illegal sugar in Kitale Operation targets smuggling, distribution and sale of unverified sugar Authorities seek to protect consumers and legitimate sugar traders The Kenya Sugar Board has teamed up with police to crack down on illegal and counterfeit sugar in Kitale and its surrounding areas, targeting smuggling networks…

Read More

KRA levy hike sparks cargo clearance boycott by small traders

Small traders halt cargo clearance over higher KRA charges Importers warn rising costs could squeeze already thin profit margins Traders threaten nationwide protests if KRA does not review the charges Small-scale importers and micro-enterprises have suspended cargo clearance in protest against increased taxes, levies and administrative charges imposed after the expiry of a relief period…

Read More

HELB, Stima Sacco explore partnership on student financing

HELB and Stima Sacco explore wider support for student borrowers Talks target diaspora services, financial literacy and HELB Sacco growth Proposed system links could make student financing more seamless Kenya’s student financing landscape could be heading for a significant transformation following fresh talks between the Higher Education Loans Board (HELB) and Stima Sacco aimed at…

Read More

Stima Sacco, Taqwa Sacco explore Shariah compliant financial solutions

Stima and Taqwa Saccos explore closer cooperation Saccos discuss Shariah compliant financial solutions Focus shifts to diverse member needs Stima Sacco Society Limited has hosted Taqwa Sacco chief executive officer Dunia Jarso for a courtesy visit focused on strengthening cooperation within Kenya’s cooperative finance sector. The meeting with Stima Sacco chief executive officer Dr Gamaliel…

Read More
National Assembly

Why Parliament wants tougher borrower protections

Parliament is pushing for stronger safeguards as Kenyans increasingly rely on credit to meet essential needs Interest rates, hidden charges and aggressive debt collection practices are facing greater scrutiny Proposed reforms seek to balance wider credit access with stronger accountability and borrower protection Parliament has intensified its focus on Kenya’s lending sector amid growing concerns…

Read More
Kangundo MP Fabian Kyule during the opening of class build through NG-CDF at Kilalani Primary school.-Photo/Gastone Valusi

Kangundo MP urges boda boda Saccos to invest in matatus

Kangundo MP Fabian Kyule Muli wants boda boda saccos to diversify into matatu transport More than 2,000 motorbikes worth over Ksh360 million face growing competition The newly tarmacked Kangundo Mwala road could open new transport and farming opportunities Kangundo MP Fabian Kyule Muli has urged 48 boda boda saccos in the constituency to diversify into…

Read More
Don`t copy text!