High Court suspends Treasury approval on loan rate hikes
High Court suspends Treasury approval requirement for banks seeking to raise loan interest rates. Order follows a legal challenge by the Kenya Bankers Association over Section 44 of the Banking Act. Borrowers are not automatically facing higher rates, but customers with variable rate loans should monitor lender communications. Thousands of Kenyan borrowers face fresh uncertainty…
Tower Sacco CEO Patrick Njenga speaking during the Sacco's special general meeting.
Saccos turn to youth to reverse ageing membership crisis
Saccos are turning to young people to address an ageing membership base, with youth demanding faster, mobile driven financial services. Officials are urging Saccos to offer youth friendly products, digital services, financial education and clear pathways into leadership. Experts say mentorship, transparency and support for youth enterprises are key to making young people feel included…
Micro, Small and Medium Enterprises (MSME) Alliance of Kenya CEO Samuel Karanja at a previous presser.Micro, Small and Medium Enterprises (MSME) Alliance of Kenya CEO Samuel Karanja at a previous presser.
MSME Alliance opposes KRA’s Sh3.2m cargo benchmark
MSME Alliance has opposed KRA’s proposed increase in the consolidated cargo customs benchmark from Ksh2.5 million to Ksh3.2 million. The alliance says the 28 per cent increase would raise import costs, squeeze working capital and threaten the survival of small businesses. It wants KRA to retain the Ksh2.5 million benchmark and consult traders before making…
Principal Secretary for Interior and National Administration, Raymond Omollo
Government targets 450 youth in new peacebuilding livelihoods plan
450 youth and women to receive skills training and livelihood support across five counties. Training will focus on local opportunities including ICT, tourism, aquaculture, beekeeping and handicrafts. Government will link beneficiaries to financing, mentorship, markets and enterprise support. The government has launched a skills development and livelihood programme targeting 450 vulnerable youth and women in…
KTDA Chairman Enos Njeru speaking at a past event.-Photo courtesy
KTDA chairman dismisses Sh322.5m payment claims
Njeru dismisses Ksh322.5m payment claims as divisive allegations. DCI probe underway over the disputed fertiliser payment. KTDA expects farmers’ fertiliser consignment early next month KTDA Chairman Enos Njeru has urged tea farmers and directors to stay united and ignore allegations circulating on social media platforms this week. Njeru spoke on Friday during the closure of…
Nandi’s Chebut Tea Factory gets Sh79.1m boost for modernisation
Chebut Tea Factory in Nandi has received a Ksh79.1 million government grant for modernisation. The funding will upgrade machinery, improve processing efficiency and enhance tea quality and value addition. Mutahi Kagwe urged farmers to maintain quality plucking standards and support efforts to develop specialty teas and new markets. Tea farmers in Nandi County have reason…
KALRO graduates farmers in coffee management training
KALRO Coffee Research Institute has graduated farmers trained in modern coffee farm management practices. The training covered farm establishment, crop management, good farming practices and harvesting. KALRO says continued training will help farmers improve productivity and support the revival of Kenya’s coffee sector A new cohort of farmers has completed coffee farm management training at…
Why Sacco dividends fell in 2026 despite sector growth
Sacco dividends fell or were scrapped in 2026 as Saccos retained more earnings to strengthen capital and liquidity. SASRA rules, KUSCCO losses and provisions for non performing loans reduced funds available for dividend payouts. Despite lower dividends, the sector grew strongly, with total Sacco assets rising 12.4 per cent to Ksh1.21 trillion. Kenyan Sacco members…
Public participation Bill puts Kenya’s civic voice to the test
Kenya has taken a significant step towards strengthening citizen participation in governance following the National Assembly’s approval of the Public Participation Bill, 2025. Public participation is already anchored in the Constitution as one of the national values and principles of governance. Article 10 requires public participation to be observed whenever State organs, State officers, public…
MSEA North Rift Regional Coordinator CPA Alton Kogo (right) during a presser.-Photo courtesy
Uasin Gishu MSMEs get boost in access to finance
MSEA and KBA are training women and youth entrepreneurs on financial literacy and business management. The programme aims to improve MSMEs’ access to affordable finance, markets and business information. Thirty MSMEs will receive mentorship through the Equity Bank Foundation, with the programme set to expand nationwide. Micro and Small Enterprises Authority (MSEA) has strengthened its…
