Acting Chief Executive Officer (CEO) Philemon Chebii. Photo: Philemon Chebii on Linkedin
Boresha Sacco appoints Philemon Chebii acting CEO as Jacob Mengich retires
Boresha Sacco appoints Philemon Chebii acting CEO as Jacob Mengich retires. Chebii, a over 20-year Boresha Sacco veteran, takes over as acting CEO. Board names Philemon Chebii acting CEO pending substantive appointment Boresha Sacco has appointed Philemon Chebii as the Acting Chief Executive Officer (CEO) following the retirement of Jacob Mengich who has been holding…
ASK Chairperson Rose Omondi while issuing updates on the preparations for upcoming event. Photo: Courtesy
Kisumu ASK Show targets 200 exhibitors in major turnout boost
Kisumu National Show will host a record 200 exhibitors from 22 to 26 July. The rebranded event will showcase climate smart agriculture, innovation and trade. Organisers have assured security and a wide range of exhibitions and arena events. Preparations for this year’s Kisumu National Show are now complete, with officials reporting that the event will…
CBK urges Kenyans to report unauthorised mobile loan apps in latest crackdown
CBK urges Kenyans to report illegal mobile loan apps. 25 new lenders licensed, raising the total to 252. Licensed lenders issued Ksh 150.56 billion in loans by May 2026. The Central Bank of Kenya (CBK) has urged Kenyans to report illegal mobile lending applications, as part of an intensified crackdown on unlicensed digital lenders accused…
National Assembly dismisses claims new Sacco Bill gives Ruto control over Sacco members’ savings
Parliament says the proposed Sacco Bill does not give President William Ruto control over members’ savings. It also dismissed claims the Bill would create a “Super Sacco”. The Bill seeks to strengthen smaller Saccos and improve regulation. The National Assembly has dismissed reports claiming that the proposed Sacco Societies (Amendment) Bill, 2025, would give President…
Pamela Wanyanja, the outgoing Cooperatives Officer for the Eldama Ravine and Mogotio regions. Photo courtesy
Pamela Wanyanja bows out after decades of cooperative service
Veteran cooperative officer Pamela Wanyanja honoured as she retires after decades of service in Baringo. Wanyanja leaves behind a legacy of helping establish more than 200 cooperative societies through training and community mobilisation. Boresha DT Sacco surpasses Ksh 15 billion in assets and grows membership to 93,000. Pamela Wanyanja, the outgoing Cooperatives Officer for Eldama…
KNBS Director of Economic Statistics Benjamin Muchiri. Photo: Courtesy
Nairobi accounts for more than a quarter of Kenya’s economy, KNBS data shows
Nairobi accounted for 27.4 per cent of Kenya’s economy, making it the country’s largest county economy, according to KNBS. Kiambu, Nakuru, Mombasa and Meru completed the top five county economies by Gross County Product. Nairobi also recorded the highest Gross County Product per capita, well above the national average. The Kenya National Bureau of Statistics…
Cargo containers at a sea port. Photo courtesy
KRA introduces advance cargo declaration platform for containerised shipments ahead of August launch
KRA will make Advance Cargo Declaration (ACD) mandatory for all containerised imports from August 3. Exporters must secure an ACD reference code before cargo is loaded. The system aims to improve security and speed up customs clearance. Kenya Revenue Authority (KRA) has announced the launch of its new Advance Cargo Declaration (ACD) platform. Starting Monday,…
Kakamega County Chief officer water and climate change Dr. Mariam Were speaking during the project launch. Photo Courtesy
FLLoCA programme invests in hatchery and tree nursery in Kakamega
FLLoCA launches poultry hatchery expansion and climate smart tree nursery projects in Kakamega. Butere hatchery to produce over 60,000 day old chicks per cycle to boost food security and farmer incomes. Khwisero tree nursery will raise 150,000 seedlings to support afforestation and climate resilience. The County Government of Kakamega, through the Financing Locally Led Climate…
CPA David Amiani Sandagi, SASRA CEO. Photo: Courtesy
Your savings are safe: SASRA clarifies deposit protection in new SACCO bill
SASRA says proposed SACCO Bill will establish a Deposit Guarantee Fund to protect members’ eligible savings. Regulator says reforms will strengthen liquidity management and improve stability across the SACCO sector. Clarification comes amid misinformation linking members’ savings to the National Infrastructure Fund. The Sacco Societies Regulatory Authority (SASRA) has clarified that the proposed Sacco Societies…
Peter Ngugi, Chairman Tower Sacco speaking during the 50th AGM. Photo: Courtesy
Tower SACCO’s golden jubilee crowns five decades of explosive growth
Tower SACCO marks 50 years with assets growing to Ksh34.56 billion and membership surpassing 247,800. Sacco paid Ksh2.88 billion to members after posting Ksh1.29 billion surplus before tax. Expansion drive sees 31 branches, new digital services and plans to grow assets to Ksh80 billion by 2030. Tower SACCO Society Limited arrived at this year’s Ushirika…
