Over 600 Saccos exit credit bureaus, CBK data shows
621 non-deposit taking Saccos left Kenya’s credit information sharing system in 2025 Sacco participation in CRB data sharing fell sharply as third party sources also declined Rising demand for credit reports highlights the growing role of borrower data in lending decisions More than 600 non-deposit taking Saccos dropped out of Kenya’s credit information sharing system…
Mumias Sugar shareholder challenges CMA over suspension
Mumias Sugar shareholder asks CAJ to review CMA’s response on the trading suspension Hanningtone says the regulator did not adequately address 33 information requests The petition seeks disclosure of records on resuming trading and shareholders’ rights A Mumias Sugar Company shareholder has asked the Commission on Administrative Justice (CAJ) to review a regulator’s refusal to…
Central Bank of Kenya Deputy Governor Gerald Nyaoma (front) speaks during the 15th Annual Banking Research Conference organised by the Kenya Bankers Association in Nairobi. PHOTO| KBA
Banks urged to prioritise impact over loan volume in MSME lending
Banks are urged to measure MSME lending by its impact on jobs, businesses and livelihoods Fresh MSME lending reaches Ksh246 billion as banks target Ksh500 billion by year-end Lenders call for stronger data, smarter guarantees and more green financing for agriculture Commercial banks have been challenged to shift focus from the size of the loans…
Co-operatives and Micro, Small and Medium Enterprises Cabinet Secretary Wycliffe Oparanya speaks during the launch of the MSMEs Countrywide Sensitisation Drive at Mbale Municipal Grounds in Vihiga County. PHOTO| courtesy
Oparanya launches MSMEs sensitisation drive in Vihiga
Oparanya launches a nationwide drive to connect entrepreneurs with Government support services Uwezo Fund disburses Ksh4.55 million to 40 groups in Vihiga and Hamisi The initiative will expand access to financing, training and markets across counties Cooperatives and Micro, Small and Medium Enterprises (MSMEs) Cabinet Secretary Wycliffe Oparanya on Friday, September 25, 2026, launched the…
Hides and skins traders pose for a photo outside the Turkana County Assembly. PHOTO| courtesy
Turkana traders push for review of hides and skins levies
Hides and skins traders in Turkana are seeking changes to levies affecting their businesses Traders want charges and permits reviewed to make the sector more viable County officials are considering reforms to support the livestock value chain and improve revenue collection Traders in Turkana’s hides and skins sector have petitioned the County Assembly to review…
A section of the distressed Mamboleo residential building that collapsed in Kisumu County, prompting authorities to order a controlled demolition of the structure. PHOTO| courtesy
Kisumu orders demolition of unsafe Mamboleo building
A distressed building in Mamboleo is set for controlled demolition after safety concerns Authorities have put measures in place to protect residents and neighbouring properties Engineers will examine parts of the structure after demolition to establish what went wrong Authorities in Kisumu County have cleared the way for the controlled demolition of a distressed residential…
President Ruto launching the Affordable housing in Mukuru./ Courtesy
Court of Appeal gives green light to housing levy
A major legal hurdle facing the government’s housing programme has been cleared Questions over how the housing programme is funded have been settled by the court The ruling also addresses concerns surrounding land set aside for housing projects The Court of Appeal has dismissed a raft of legal challenges against the Affordable Housing Act, 2024,…
Governor of Kwale County Fatuma Achani (center) alongside cooperatives representatives during the disbursement of the grant to Kwale farmers Saccos in Kwale County Headquarters. PHOTO| courtesy
Kwale farmers get Sh18.7m boost for agriculture
Farmer organisations in Kwale are set to receive new support for agricultural activities The funding is expected to help groups improve production and access better markets Beneficiaries are being urged to use the support to strengthen incomes at household level Kwale farmers are set to benefit from a Ksh18.7 million grant issued to 20 Saccos…
Murang’a dairy farmers turn to private buyers over delays
Dairy farmers are seeking more reliable markets as payment challenges persist Rising feed costs are adding pressure on farmers already struggling with milk prices Government measures are being proposed to support dairy production and farmer incomes Dairy farmers in Murang’a are abandoning cooperative societies for private milk buyers over prolonged payment delays and unstable prices,…
Representatives of beneficiary Saccos display a dummy cheque during the disbursement of matching grants under the National Agricultural Value Chain Development Project (NAVCDP) in Siaya County. PHOTO| courtesy
Siaya Saccos receive Sh9.9m boost for farmer lending
Saccos in Siaya are set to expand support for farmers and vulnerable groups New funding is expected to strengthen lending capacity across beneficiary cooperatives The county is rolling out a wider plan to strengthen Saccos across its wards Saccos in Siaya County are set for a financial boost after receiving Ksh9.9 million in matching grants…
