

Co-op Bank slashes base lending rate by 2 per cent to 14.5 per cent
The Cooperative Bank of Kenya customers can now smile all the way to the bank after the leading lender in the country announced that it has reduced its lending rate by 2 per cent. In a statement dated February 10, 2025 and signed by the Group’s Managing Director and Chief Executive Officer Dr. Gideon Muriuki,…

Kenya Shipyard to fabricate modern fibre boats for Kisumu County
The County Government of Kisumu has contracted Kenya Shipyard Limited to fabricate and supply six modern fiberglass boats for use in various landing beaches across the area. Making the announcement, Kisumu Governor Anyang’ Nyong’o said each of the modern boats is fitted with 25 to 40 horsepower engines and is fully equipped with cooler boxes…

Ministry of Lands raises alarm over forged title deeds at Kisumu land office
The Ministry of Lands, Public Works, and Housing and Urban Development raised the alarm over the high number of forged title deeds at the Kisumu land office. Cabinet Secretary for Lands, Public Works, and Housing and Urban Development Alice Wahome further noted that land disputes bordering on boundaries were also on the rise in Kisumu….

Embu moves to have all boda boda riders join saccos
The County government of Embu has launched campaigns to bring more than 8ooo boda boda riders under Savings and Credit Cooperative Societies (SACCOs) in a bid ensure soberness, decency and profitable financial management in the industry. In one of the most elaborate ever collaborations between the riders and the devolved government, Embu Governor Cecily Njagi…

Kamuthi Farmers Co-operative Society looses Ksh10 Billion land to Nairobi County
Kamuthi Farmers Cooperative Society Limited lost 176 acres of land in Kiambu worth Ksh 10 billion to Nairobi City County. The Sacco lost an appeal in court against the county government in pursuit of the land in a matter that has been prolonged in court for 33 years. Court of Appeal judges David Musinga, Sankale…

Tower Sacco expands to Nyeri as it marks 30th branch nationwide
Tower Sacco, one of Kenya’s leading Savings and Credit Cooperative Organizations, has officially opened its Nyeri branch, marking a significant milestone as the sacco now boasts 30 branches across nine counties. The grand opening was graced by H.E. David Kinaniri Waroe, representing Nyeri Governor H.E. Mutahi Kahiga, PhD., EGH. In his address, Waroe commended Tower…

Government urged to prioritize agriculture for national prosperity
Agriculture is often referred to as the backbone of any economy. Its significance extends beyond mere food production; it touches on various aspects of societal well-being, economic stability, and environmental sustainability. In recent years, the challenges posed by climate change, population growth, and economic fluctuations have highlighted the urgent need for governments to prioritize the…

Oparanya urges Nyanza to embrace cooperative model for socio-economic growth
The people of Nyanza have been urged to adopt the cooperative model to improve their socio-economic standing. The Cabinet Secretary for the Ministry of Co-operatives and MSMEs Development, Mr. Wycliffe Oparanya, said the model was the best option for the region to invest in. Speaking in Kisumu during the Nyanza International Investment Conference, Oparanya noted…

KEMRI turns to locally produced products amid USAID cuts
The Kenya Medical Research Institute (KEMRI) is relying on its locally produced products following the decision by United States President Donald Trump to cut foreign aid. This move has significantly impacted the organisation’s operations. KEMRI Director General (DG), Prof. Elijah Songok, stated that areas affected include disinfectants, repellents, Personal Protective Equipment (PPEs), and diagnostic kits,…

National Biosafety Authority to work together with Kenya Ports Authority
National Biosafety Authority (NBA) and Kenya Ports Authority (KPA) on Monday, 27th January 2025, agreed to work together in serving Kenyans at the entry point. NBA Board of Directors Chairperson Prof. Jenesio Kinyamario led a team of Board members and management in a courtesy call to Kenya Ports Authority, where they met with General Manager…