
GDC breaks ground on Ksh500 million laboratory complex in Nakuru
GDC has launched construction of a Ksh500 million geothermal laboratory and office complex in Nakuru. The facility will boost geothermal research, exploration and technical training. GDC says the project will strengthen Kenya’s clean energy sector and geothermal expertise. The Geothermal Development Company (GDC) has launched construction of a new Geothermal Science and Analytical Laboratory and…

KenGen signs fifth investor at Olkaria green energy park
KenGen signs fifth investor at Olkaria Green Energy Park with a KSh2.6 billion fish feed plant. Company plans to double geothermal capacity to 1,500MW by 2034 through public private partnerships. New facility will be the region’s largest fish feed plant, targeting markets across East Africa. Kenya Electricity Generating Company (KenGen) has signed its fifth investor…

Nyeri County plans SACCO for boda boda riders
Nyeri County plans to establish a countywide SACCO for boda boda riders through a phased rollout from ward to county level. The SACCO aims to expand access to affordable financial services, promote savings, and support the growth of riders’ businesses. Nyeri County plans to establish a county-level Savings and Credit Co-operative Organisation (SACCO) for boda…

Taifa DT Sacco launches five year strategy to drive digital growth
Taifa DT Sacco has launched a 2026 to 2030 strategy focused on digital growth and innovation. The Sacco will introduce a new ERP system, revamp products and expand its insurance business. It has also lowered the minimum share capital for loans from Ksh10,000 to Ksh2,000 to improve access to credit. Taifa DT Sacco has unveiled…

How Stima Sacco is driving financial empowerment through sustainability
Stima SACCO onboarded 20,674 members and disbursed Ksh29.19 billion in loans in FY2025, expanding financial inclusion. The SACCO is advancing sustainability through green financing, ESG integration, and alignment with key UN Sustainable Development Goals. Innovation and climate action are driving long term growth through digital transformation and environmentally responsible operations Stima DT Sacco, Africa’s second…
Govt to turn KUSCCO into federation under sweeping Sacco reforms
Government plans to transform KUSCCO into a federation under the proposed Cooperative Societies Bill. Oparanya says the reforms will strengthen governance, accountability and confidence in the Sacco sector. KUSCCO’s restructuring follows the Ksh13.3 billion scandal and ongoing asset recovery efforts. The government is preparing far reaching reforms in the cooperative sector that will see the…

KCB, KDF launch mortgage scheme to help 50,000 military officers own homes
KCB, KDF and government agencies launched a mortgage scheme for over 50,000 military officers. The programme will finance home purchases, construction, renovations and affordable housing. KDF says the initiative will boost troop welfare through increased home ownership. Kenya Commercial Bank (KCB), the Kenya Defence Forces (KDF), the Civil Servants Housing Scheme Fund and the Affordable…
Union moves to court to overturn KPC board Chair appointment
Union challenges Faith Bett Boinett’s appointment as KPC board chair in court. Seeks to stop key board decisions, including hiring a managing director. Wants all KPC Board resolutions since April 22, 2026, declared invalid. The Kenya Petroleum Oil Workers Union has moved to the High Court seeking to overturn the appointment of Faith Bett Boinett…

Stanbic Bank Kenya appoints Michael Mutiga as new CEO
Stanbic Bank appoints Michael Mutiga as CEO, effective August 1, subject to CBK approval. Mutiga joins from Safaricom after senior banking roles at Citibank and Barclays. He succeeds acting CEO Abraham Ongenge following Joshua Oigara’s regional promotion Stanbic Bank Kenya has appointed Michael Mutiga as its new Chief Executive Officer (CEO), effective August 1, 2026,…

Mutahi Kagwe urges farmers to embrace livestock tagging to unlock export market
Kagwe urged farmers to embrace ANITRAC livestock tagging. The system aims to boost exports and improve traceability. Nationwide rollout targets higher farmer incomes and value addition. Cabinet Secretary (CS) Mutahi Kagwe has called on livestock farmers to fully embrace the Animal Identification and Traceability (ANITRAC) system, as the government pushes to open up high value…
