Machakos County Executive Committee Member for Lands, Nathaniel Nganga flanked by Chief Officer Antony Mutunga(Right,front) during a Press briefing on land rates on June 17,2026

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…

Read More
KNBS Director of Economic Statistics Benjamin Muchiri speaking during the launch of 2025 remittance households survey report-Photo|Courtesy

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…

Read More
Ahero
Ahero Irrigation Scheme officials during a field work. Photo Courtesy

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),…

Read More
a road side vendor selling groceries in Nairobi-Photo|Courtesy

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…

Read More

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….

Read More

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,…

Read More
Ollin Sacco members cut celebratory cake on Saturday, June 13, 2026 to mark 50th anniversary. Photo/Courtesy

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,…

Read More
Family Bank CEO Nancy Njau
Family Bank Managing Director and CEO Nancy Njau speaking di=uring a past event. Photo Courtesy

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…

Read More
NCBA General Manager for Branch Business in the Western Region, David Wasamba
NCBA General Manager for Branch Business in the Western Region, David Wasamba speaking during the deal signing at Kabarak University

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…

Read More

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…

Read More
Don`t copy text!