APOLOGY AND CLARIFICATION ON SHIRIKA SACCO STORY
On April 12, 2026, The Sacco Review online paper (www.saccoreview.co.ke) published a story about Shirika Housing Cooperative Ltd titled ‘Crisis at Shirika: Members plot uprising as troubled cooperative heads for explosive AGM’ While the article was exclusively about Shirika Housing cooperative, we erroneously used the photograph and logo of Shirika DT Sacco Ltd which is…
Pakistan tea importers protest Kenya’s new export levy, warn of rising costs
Kenya’s largest tea export market, Pakistan, has formally protested the newly introduced 0.8 per cent export levy on tea, warning that the measure will raise import costs and strain an already fragile market. In a letter addressed to the Tea Board of Kenya (TBK) Chief Executive Officer Willy Mutai, the Pakistan Tea Association (PTA) urged…

Busia Bodaboda riders reap big from empowerment drive, urged to form SACCOs
Busia County Bodaboda riders yesterday received a major boost after Governor Paul Otuoma in the company of distinguished guests, presided over a Riders Empowerment Initiative that doubled as a major harambee, bringing together over 2,000 bodaboda riders. According to the organisers, the initiative focused on smart insurance solutions, enhanced security awareness, financial literacy, and practical…

MP Dawood urges KRA to ease tax burden amid harsh economic climate
North Imenti Member of Parliament (MP) Rahim Dawood has called on the Kenya Revenue Authority (KRA) to review and reduce taxes, citing the tough economic conditions facing Kenyans and businesses. Speaking in Meru town during a KRA citizens’ engagement forum, Dawood said the high cost of living, compounded by multiple government levies, has made it…

TBK defends new tea levy, says it will boost farmer earnings and sector competitiveness
The Tea Board of Kenya (TBK) has moved to address growing concerns over a new tea levy, saying the charge is designed to fund industry development programmes and ultimately raise returns for tea farmers across the country. In a press statement dated May 8, 2026, TBK Chief Executive Officer (CEO) Willy Mutai said the government…

Oparanya meets interim officials of Tushirikiane DT Sacco to drive Western Region’s economic agenda
Cooperatives and MSMEs Cabinet Secretary Wycliffe Oparanya has held the inaugural meeting with interim officials of Tushirikiane DT Sacco, a newly formed financial institution that is expected to anchor economic transformation in Western Kenya. The Sacco, launched earlier at Emabole, draws membership from Kakamega, Bungoma, Busia, Vihiga, and Trans Nzoia counties. It has already registered…

Treasury sets aside Ksh over 50 billion for affordable housing in 2026/2027 budget
Kenya’s push to put more citizens under decent roofs is receiving a fresh financial shot in the arm, with the National Treasury earmarking Ksh 50.6 billion for the Affordable Housing Programme (AHP) in the 2026/2027 financial year. The allocation, which forms 37 percent of the total Ksh 135.8 billion set aside for Housing, Urban Developments…

Agri‑Fintech partnership unveils instant credit model for agricultural stockists in Rift Valley
Agricultural stockists across the Rift Valley and Central Kenya are set to benefit from a new financing model that promises to ease long‑standing cash flow challenges in the farm input supply chain. The initiative, spearheaded by Avenews Agri‑Fintech in partnership with Grebe Enterprises Limited, will allow agro‑traders to access instant credit at the point of…

Residents of Ogembo in Kisii protest prolonged blackout as businesses count losses
Residents and traders in Ogembo town, Kisii County, have staged protests over a prolonged power outage that has crippled businesses, disrupted learning, and heightened insecurity. The blackout, which has persisted for more than three weeks, has left households, schools, and enterprises struggling to cope without electricity. Community leaders Jane Kemunto and Florence Momanyi voiced concern…
AFA and Lamu County deliver Ksh 20 million agricultural package to boost cotton, biofuel value chain
Lamu County farmers received a multi-million shilling agricultural boost on May 7 after the Agriculture and Food Authority (AFA) and the County Government of Lamu jointly launched a seed pressing facility in Hongwe and delivered 3 tonnes of BT cotton seeds to farmers gathered at Mpeketoni Agricultural Training Centre (ATC), in a twin intervention valued…
