
County Assembly motion fails as Machakos proceeds with land rate collection under approved valuation roll
The County Government of Machakos will continue collecting land rates under the existing law, despite a motion by the County Assembly seeking to suspend the process. Lands Executive Committee Member Nathaniel Nganga said the Assembly had already approved the valuation roll — the legal basis for the new rates — and cannot reverse the process…

KNBS urges Saccos, financial institutions to launch affordable investment products
A report by the Kenya National Bureau of Statistics (KNBS) has urged Savings and Credit Cooperative Societies (SACCOs) to develop simple, reliable, and affordable investment products that can attract and channel remittances into productive investments. The report, titled 2025 Remittances Household Report, also urged financial institutions and county governments to develop simple, reliable and affordable…

Ahero irrigation scheme secures Ksh 5.1Bn upgrade to cut farming costs
The Ahero Irrigation Scheme in Kisumu County is set for a major transformation following the allocation of Ksh 5.1 billion to modernize its irrigation infrastructure and transition to solar-powered operations, a move aimed at reducing production costs and enhancing agricultural productivity. The funding package includes Ksh 4.2 billion from the Japan International Cooperation Agency (JICA),…

Stakeholders reject harsh penalties in Street Vendors Bill, call for fairer measures
A proposal in the Street Vendors Bill, 2023, that seeks to impose fines of up to Sh200,000 on street traders has drawn sharp opposition from lawmakers, government officials, and market stakeholders, who argue the penalties are excessive and risk worsening the plight of thousands of Kenyans who rely on informal businesses for survival. The Bill…
Generational wealth: Building a legacy that lasts
In many societies, success is often measured by what one acquires during one’s lifetime. However, true financial success goes beyond personal comfort and extends to creating opportunities for future generations. This is the essence of generational wealth. Generational wealth refers to assets, resources, and financial advantages that are passed down from one generation to another….
Rising coffee returns renew hope for Kirinyaga farmers as maize returns decline
Farmers in Kirinyaga Central and Ndia constituencies have been encouraged to embrace coffee farming and reduce their reliance on maize cultivation, which stakeholders say yields considerably lower returns. Speaking at Kaitheri in Kerugoya, Kirinyaga Central, National Coffee Cooperative Union (NACCU) Chairman Felix Mwai noted that the two constituencies collectively produced 16 million kilogrammes of coffee,…

Ollin Sacco marks 50 years, shifts focus to young members
By Jane Mugambi Ollin Sacco marked its 50th anniversary on Saturday, June 13, 2026, unveiling an expanded growth strategy targeting young members and other professionals as it seeks to deepen financial inclusion and scale its asset base. The Sacco, which began in 1976 as a small teachers’ savings initiative in Kerugoya with just five members,…

Family Bank secures CMA approval for NSE listing set for June 23
Family Bank has received approval from the Capital Markets Authority (CMA) to proceed with its listing on the Nairobi Securities Exchange (NSE), paving the way for the bank to offer its shares for trading on the public market. The listing, which will be undertaken through an introduction, will allow existing shareholders to trade their shares…

NCBA, Kabarak University launch programme to boost SME growth
Local small and medium-sized entrepreneurs are set to benefit from a four-month business development programme launched by Kabarak University in partnership with NCBA Bank Group at the university’s Nakuru campus. The initiative aims to equip entrepreneurs and investors with practical business skills, market knowledge, and emerging trends to help them navigate the increasingly competitive business…
Fresh state inquiry targets Metropolitan Sacco over insolvency and mismanaged billions
The government has launched a fresh inquiry into the operations of Metropolitan National Sacco, focusing on its by‑laws, financial status, and overall sustainability. The move was announced in a gazette notice dated June 15, 2026, by Commissioner for Co‑operative Development David Obonyo. The Sacco was declared technically insolvent in February 2025, after regulators flagged mismanaged…
