President William Ruto signing the Finance Bill into Law-Photo|Courtesy
Finance Act 2026 exempts SACCOs, banks from VAT on repossessed collateral sales
Savings and Credit Cooperative Organizations (SACCOs), banks, and other financial institutions will no longer pay Value Added Tax (VAT) on the sale or disposal of repossessed collateral, following amendments introduced in the Finance Act 2026, which was signed into law by President William Ruto on June 23, 2026. This amendment marks a significant shift in…
The Kenya Sugarcane Growers Association (KESGA)Secretary Richard Ogendo addressing the media in the past-Photo|Courtesy
Sugarcane farmers urge president Ruto to act against cartels blocking sector reforms
Sugarcane farmers from the Nyanza region have called on President William Ruto to intervene decisively in the sugar industry, accusing entrenched cartels of undermining reforms and exploiting growers. The farmers, through the Kenya Sugarcane Growers Association, warned that recent gains in the sector risk being eroded unless the government cracks down on vested interests. Speaking…
Nicco Movers Sacco resumes operation after suspension by NTSA
Nicco Movers Sacco will resume operations following an order from the Transport Licensing Appeals Board (TLAB) after being suspended by the National Transport and Safety Authority (NTSA) over the alleged death of a Kenya Medical Training College (KMTC) student. Eugine Mutuku was allegedly thrown out of a moving vehicle, registered under NICCO Sacco, without consideration,…
Parliament summons CS Wahome over stalled housing projects nationwide
Parliament has summoned Lands and Housing Cabinet Secretary Alice Wahome to a Speaker’s Kamukunji session scheduled for Thursday, July 2, to respond to concerns over stalled projects across the country, including the Affordable Housing Programme, one of the Kenya Kwanza administration’s flagship initiatives. National Assembly Speaker Moses Wetang’ula issued the directive on Thursday, June 25,…
The Meru County government MCDIC Managing Director Dr Jotham Kirimi (in blue suit, tie and specs) said the legislation was developed to bring law and order in the Miraa industry apart from safeguarding the interests of legitimate players in the sector
Meru County enforces miraa promotion Act as MCDIC targets brokers and illegal traders
Meru County has officially rolled out the implementation of the Miraa Promotion Act, 2026, a landmark law designed to regulate one of the region’s most lucrative cash crops. The legislation, developed in partnership with stakeholders across the miraa value chain, is now operational countywide and seeks to streamline trade, protect farmers from exploitation, and ensure…
Uasin Gishu Governor Jonathan Bii (l) during the during a training session attended by members of more than 40 boda boda SACCOs. Photo Courtesy
Uasin Gishu boosts cooperative societies through capacity-building initiative
The Uasin Gishu County Government has intensified efforts to strengthen cooperative societies through a comprehensive capacity-building programme aimed at improving governance, promoting enterprise growth, and creating employment opportunities. Speaking on Thursday June 25, during a training session attended by members of more than 40 boda boda Savings and Credit Cooperative Societies (SACCOs), Governor Jonathan Bii…
Cabinet Secretary for Co-operatives and MSME Development Wycliffe Oparanya speaking during the Board and Management Retreat hosted by SASRA. Photo Courtesy
Oparanya urges SASRA to strengthen institutional capacity, embrace technology
Cabinet Secretary for Cooperatives and Micro, Small and Medium Enterprises (MSMEs) Development, Wycliffe Oparanya, has urged the Sacco Societies Regulatory Authority (SASRA) to strengthen its institutional capacity, embrace technology, and prepare for the proposed expansion of its regulatory mandate to enhance oversight of the cooperative financial sector. Oparanya made the remarks during a Board and…
Transparency International flags governance gaps in affordable housing projects
The Affordable Housing Programme has come under renewed scrutiny after a new corruption risk assessment revealed significant governance weaknesses that could undermine its ability to deliver transparent and affordable homes to citizens. The study, conducted by Transparency International (TI), examined flagship infrastructure projects and found that housing developments in Vihiga and Kiambu counties face moderately…
Kenyan Purple Tea Wins Premium Recognition in Paris Market
Kenya’s purple tea has made a striking debut in France, where consumers, tea experts, and industry stakeholders have ranked it among premium beverages due to its rare antioxidant composition and limited supply. The entry into the Paris market marks a significant milestone for Kenya’s specialty tea industry, positioning the crop as a luxury product on…
Kirubia Cooperative to revive coffee farming through new leadership
The Kirubia Farmers’ Cooperative Society has shared its plans towards improving the quality of coffee production, farmers’ timely compensation, and the factory upgrade through the newly elected management. Chairperson Alfan Gitari Njeru, speaking after the polls, said the new leaders will work closely with members to address long‑standing challenges and ensure the cooperative regains its…
