Housing PS Charles Hinga addressing the Public Accounts Committee in the past
PS Hinga: affordable housing ownership protected beyond 2027 elections
Housing Principal Secretary Charles Hinga has assured Kenyans that beneficiaries of the Affordable Housing Programme will retain ownership of their homes, regardless of which government comes into power after the next elections. On Thursday, June 18, Hinga dismissed claims from the opposition suggesting that houses acquired under the programme could be repossessed following the 2027…
The nine newly launched matatus by Umowa sacco. Photo by Stephen Muthiny
Umowa Sacco launches 9 new Matatus to enhance transport services in Machakos
UMOWA Sacco has unveiled a new fleet of nine matatus in a move aimed at improving public transport services and creating employment opportunities in Machakos County and the surrounding region. Machakos Governor Wavinya Ndeti flagged off the vehicles on Friday outside the County Department of Roads and Public Works offices, reaffirming her administration’s commitment to…
SMEs show strong optimism as mobile money drives growth and digital confidence- Mastercard study
Kenya’s small and medium enterprises (SMEs) are entering the year ahead with renewed optimism in mobile money and digital payments. A new Mastercard SME Confidence Index reveals that 66 percent of SMEs are confident about their business outlook, while 70 percent expect revenue growth over the next 12 months. The survey credits Kenya’s deep digital…
Agriculture Cabinet Secretary Mutahi Kagwe-Photo|Courtesy
Gov’t Launches KSh1.47 trillion AgriConnect Plan to modernise farming and create jobs
The government has unveiled an ambitious KSh1.47 trillion programme aimed at transforming agriculture into a modern, technology‑driven sector that generates jobs, boosts exports, and strengthens food security. Speaking in Nairobi, Agriculture Cabinet Secretary Mutahi Kagwe introduced the Kenya AgriConnect Compact (2025–2030), a five‑year initiative developed in partnership with the World Bank. The programme seeks to…
The National Assembly during a previous session-Photo|National Assembly KE
National Assembly passes Finance Bill 2026, awaits presidential assent
The National Assembly has approved the Finance Bill 2026, clearing the way for the government to raise revenue for the Sh4.8 trillion budget in the 2026/27 fiscal year. The Bill sailed through its Third Reading on Thursday evening, June 18, 2026, after 122 Members of Parliament voted in favour, against 40 opposed, with no abstentions…
Prolonged drought sparks fears of maize losses in North Rift Region
Maize farmers in the North Rift Region are raising alarm over possible massive losses in this year’s harvest following a prolonged dry spell that has left crops withering in the fields. The situation has been worsened by the late disbursement of fertilizers, which affected crops during critical growth stages. Farmers say the four‑week drought has…
International Finance Corporation (IFC) Vice-President for Africa Ethiopis Tafara speaking during the IFC Press Roundtable held on October 02, 2025 at the IFC offices-Photo|Courtesy
Kenya’s investment climate strengthened through IFC collaboration and transformational agenda 2026-2028
Kenya has intensified its drive to position itself as a premier investment destination in Africa following a high-level Donor, Development Partner, and Private Sector Roundtable convened by Invest Kenya in collaboration with the International Finance Corporation. The forum brought together development partners, private sector leaders, and investment stakeholders to explore strategic collaboration opportunities aimed at…
Nairobi coffee market Nets KSh31.7 billion in eight months of trading
The Nairobi Coffee Market has generated KSh31.7 billion in just eight months of trading, underscoring the sector’s resilience and growing confidence among farmers. Between October 1, 2025, and May 12, 2026, the market, managed by the Nairobi Coffee Exchange (NCE), auctioned 602,973 bags in the 2025/2026 coffee year. Reports show that Alliance Berries Limited led…
Chief Executive Officer of the Sacco Societies Regulatory Authority (SASRA), David Sandagi-Photo|Courtesy
SACCO assets surpass Ksh1.2 trillion in first quarter of 2026
SACCO assets exceeded Ksh1.2 trillion following a 12.28 per cent year-on-year increase. Gross loans reached Ksh951 billion, underscoring growing member borrowing and SACCO confidence Land and housing attracted the highest SACCO lending, followed by education and agriculture. By Mercy Kokwon Regulated Savings and Credit Cooperative Societies (SACCOs) recorded strong growth in the first quarter of…
Mwalimu National Sacco, NCBA roll out Salo Xpress to cut payroll delays
Mwalimu National DT Sacco has partnered with NCBA Bank Kenya to unveil a digital payroll solution that promises to slash salary processing times from hours or even days to mere minutes. The platform, branded Salo Xpress, was launched on Wednesday at Mwalimu Towers in Nairobi as part of the Sacco’s wider digital transformation agenda aimed…
