Ukristo na Ufanisi DT Sacco opens six sales and two call centre roles
Ukristo na Ufanisi DT Sacco has opened eight positions, six direct sales representatives and two call centre agents. Applications should be submitted by August 17, 2026, with candidates required to send their CVs and application letters via email. The Sacco serves more than 32,000 members, has an asset base of Ksh2.2 billion and continues to…
IG Sacco assets hit Ksh16.4 billion after strong growth
IG Sacco assets rose 12% to Ksh16.4 billion, earning it three national Ushirika Day Awards. Loans grew 14.8% to Ksh14.1 billion, while membership increased to 29,430. The Sacco maintained zero external borrowing and a 3.1% non-performing loan ratio. Invest and Grow (IG) Sacco Society Limited’s total assets have grown to Ksh16.404 billion, up from Ksh14.644…
Boresha Sacco funds electric motorbikes for Sabatia milk riders
Boresha DT Sacco Society Ltd has financed electric motorbikes for milk delivery riders at Sabatia Farmers Cooperative Society (FCS), boosting green transport in the dairy value chain. The financing allows riders to swap fuel powered motorbikes for electric ones, cutting emissions while speeding up milk collection from farms to collection centres. The move aligns with…
Sugar suppliers sue State over Ksh173.6 million lease debt
Six sugar suppliers have sued the government for Ksh173.58 million they claim is owed after South Nyanza, Chemelil and Muhoroni sugar mills were leased to private investors. The businesses argue their outstanding claims were not addressed during the 30 year leases and want compensation, interest and lost profits. They are asking the High Court to…
Agriculture CS Mutahi Kagwe speaking at a local radio station. Photo/courtesy
Tea levy will not hurt farmers, Kagwe assures growers
Agriculture CS Mutahi Kagwe says the proposed 0.8% tea levy will be paid by buyers, not farmers, and will not reduce grower earnings. The levy will support farmer payments, research, infrastructure and marketing as Kenya seeks to protect tea through a Geographical Indication. Agriculture Cabinet Secretary (CS) Mutahi Kagwe has said the proposed 0.8% tea…
President Ruto while launching the NYOTA tranche II at Ulinzi Sports Complex on July 10, 2026. photo/Courtesy
NYOTA project launches mentorship for youth beneficiaries
NYOTA mentorship starts August 10 for 122,000 youth beneficiaries. More than 4,879 mentors will provide business coaching and market support. Government is preparing financing, AGPO training and apprenticeship opportunities The government has scheduled a fresh round of mentorship sessions for National Youth Opportunities Towards Advancement (NYOTA) Project beneficiaries beginning August 10, with more than 4,879…
MPs push for interest cap on Sacco loans under in duplum rule
MPs have backed a proposal to extend the in duplum rule to Saccos, digital lenders and microfinance institutions, though Parliament has not yet passed the change. The proposal would cap interest on defaulted loans at the outstanding principal, protecting borrowers from excessive charges. If approved by Parliament, the amendment would extend protections currently available only…
Government raises wheat price to Ksh5,100 per bag
Government raised the 2026 wheat price to Ksh5,100 per 90 kilogram bag. More than 2,000 farmers will benefit from the higher producer price. Wheat harvest is expected to decline despite new measures to boost production. The government has raised the wheat producer price to Ksh5,100 per 90 kilogram bag for the 2026 season, up from…
Kagwe reaffirms sugar import ban ahead of crucial polls
Agriculture CS Mutahi Kagwe reaffirmed the sugar import ban and froze new import licences as Kenya Sugar Board elections were set for September 5, 2026. The elections will fill five grower director positions, completing the Board’s membership under the Sugar Act, 2024. The government said farmer arrears have fallen to Ksh265 million and pledged to…
Pamoja Canada Diaspora Sacco launches Sharia-compliant loans
Pamoja Canada Diaspora Sacco launched Sharia compliant Emergency, Education and Asset Finance loans for Kenyans in Canada. The products aim to give Muslim members faith compliant access to savings, investment and financing while promoting financial inclusion. Kenya’s Acting High Commissioner to Canada welcomed the initiative, saying it will strengthen savings, wealth creation and diaspora investment….
