Co-operatives and MSMEs Development CS Wycliffe Oparanya during the past parliamentary session. Photo Courtesy
Govt lifts SACCO registration ban, sets Ksh 1.2M capital requirement
The Ministry of Co-operatives and MSMEs Development, through the Commissioner for Co-operatives, has lifted the suspension on the registration of new SACCO societies, effective immediately. The decision follows the completion of a review of the legislative and regulatory framework governing SACCOs by a Committee of Experts appointed by Cabinet Secretary Wycliffe Oparanya. The committee, which…
Energy Cabinet Secretary Opiyo Wandayi speaking during a past event. Photo Courtesy
Govt withdraws application to review electricity tariffs, current tariffs to remain
The Ministry of Energy and Petroleum has withdrawn an application seeking a review of retail electricity tariffs, citing the need to balance the sustainability of the energy sector with consumer protection. announced the decision at a press briefing at Kawi House, Nairobi, on Wednesday. He explained that the move followed extensive consultations within government and…
Kiambu residents during the Finance Committee session at Kabete Polytechnic. Photo Courtesy
Kiambu residents urge Finance Committee to protect MSMEs, adopt policies that encourage local investment
Residents of Kiambu County have called on the Departmental Committee on Finance and National Planning to protect Micro, Small, and Medium Enterprises (MSMEs) and encourage local investment through the adoption of business-friendly policies. Speaking during a public participation forum on the Finance Bill, 2026, alongside the Sovereign Wealth Fund Bill, the Central Bank (Amendment) Bill,…
Kakamega Senator Boni Khalwale-Photo|Courtesy
Senate flags raw sewer discharge into River Nyando from FLLoCA Project
The Senate Oversight Committee has sounded alarm over the discharge of untreated sewerage into River Nyando from the Ahero drainage system, a multi‑million‑shilling climate resilience project funded under the World Bank‑backed Financing Locally‑Led Climate Action (FLLoCA) programme. During an inspection tour of Kisumu County, the Senate Standing Committee on Finance and Budget raised concern that…
Principal Secretary for MSMEs Development Susan Mang’eni-Photo|File
Government assures NYOTA beneficiaries of second tranche disbursement by June 30
The government has moved to end weeks of uncertainty for thousands of young entrepreneurs enrolled in the National Youth Opportunities Towards Advancement (NYOTA) programme, confirming that the second tranche of start‑up grants will be released by June 30. Principal Secretary for MSMEs Development Susan Mang’eni said all eligible beneficiaries will be paid at once, marking…
ITC Executive Director Pamela Coke-Hamilton alongside Equity GroupmLC CEO James Mwangi during the deal signing. Photo Courtesy
ITC, Equity Group sign deal to boost East Africa’s coffee, leather and creative Sectors
The International Trade Centre (ITC) and Equity Group Holdings PLC have signed a strategic partnership aimed at accelerating growth in East Africa’s coffee, leather and creative industries through enhanced access to finance, trade expertise and global market opportunities. The partnership, formalized through a Memorandum of Understanding (MoU), will initially be rolled out in Kenya before…
President William Ruto with leaders from Garissa, Mandera, and Wajir counties at the Wajir State Lodge during discussions on key development projects for Northern Kenya. Photo Courtesy
Ruto unveils Ksh45 Billion Affordable Housing plan for Northern Kenya
President William Ruto has announced a Ksh45 billion investment in affordable housing projects across Garissa, Mandera, and Wajir counties, describing it as one of the most significant housing investments in Northern Kenya since Independence. In a statement shared on his X account after hosting leaders from the three counties at the Wajir State Lodge, the…
Sugarcane being transported on a tractor. Photo Courtesy
Finance Bill 2026 exempts sugarcane transport from VAT, boosting farmers and transporters
Sugarcane farmers and transporters are set to benefit from a major tax reform under the proposed Finance Bill 2026, which will fully exempt sugarcane transport services from Value Added Tax (VAT). The move aims to reduce operational costs in the sugar industry, a sector that has long faced financial pressures from high transport and production…
agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe speaking during the flagging off of bulk milk coolers for dairy cooperatives at Uhuru Park in Nairobi on May 20, 2026-Photo|Courtesy
Gov’t moves to dispel myths on proposed 0.8pc Tea Levy, assures farmers of protection
The Ministry of Agriculture and Livestock Development has moved to dispel growing concerns over the proposed tea levy, insisting that farmers will not bear the cost and that all proceeds will be reinvested directly into the industry. Under the draft framework, tea exports will attract a levy of 0.8 per cent of the auction value…
Agriculture Principal Secretary (PS) Dr. Paul Ronoh-Photo|File
Government orders bulk purchase of local rice to stabilise market amid import concerns
Agriculture Principal Secretary Paul Kipronoh Rono has directed the Kenya National Trading Corporation (KNTC) and the National Cereals and Produce Board (NCPB) to immediately buy all locally available rice stock from farmers’ stores to stabilise prices and support farmers, as production gaps continue to push Kenya to rely heavily on rice imports. The directive comes…
