Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya speaking during a past event. File image
Gov’t moves to reform SACCO sector amid push for growth and trust
The government has stepped up efforts to reform Kenya’s cooperative movement, with Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya leading a renewed push for structural changes aimed at strengthening the sector. Oparanya said the proposed reforms are designed to make Savings and Credit Cooperative Organizations (SACCOs) more self-sustaining while safeguarding members’ savings. Central to…
Cassava plant. Photo Courtesy
Over 4000 Nakuru farmers trained in proper agronomical practices to boost cassava production
More than 4,000 farmers in Nakuru County have undergone training in proper agronomical practices aimed at increasing cassava production, in a strategic effort to promote the crop as a climate-resilient solution for food security and commercialisation through value addition. The training, conducted under the Transforming African Agricultural Universities to Meaningfully Contribute to Africa’s Growth and…
National Assembly has called upon citizens to submit views on the Sacco Ammendmend Bill. File image
Public has until April 24, to submit views on Sacco Amendment Bill
The public has until 5:00 p.m. on April 24, 2026, to submit their views on the proposed Sacco Societies (Amendment) Bill, No. 32 of 2025. The National Assembly, in a notice issued on April 10, invited citizens, stakeholders, and organizations to present their views in line with Article 118 of the Constitution of Kenya 2010,…
East Africa Youth Parliament President Jeremiah Kisangau speaking during the event-Photo|John Majau
Meru hosts regional youth summit on transparency and public finance
The East Africa Youth Parliament has convened its 5th Financial Governance and Leadership Seminar in Meru, bringing together young leaders, policymakers and accountability institutions to deliberate on transparency and public finance management. The forum, organised in partnership with the National Treasury, the Office of the Controller of Budget and the Office of the Auditor General,…
The image showing a person withdrawing money from an MPESA mobile money agent shop. Photo courtesy
Mobile money agent transactions hit 3-year low amid rising living costs
Kenyans are cutting back on the use of mobile money agents, with transaction values dropping to their lowest level in nearly three years as households grapple with rising living costs and shrinking disposable incomes. According to data from the Kenya National Bureau of Statistics (KNBS), the total value of transactions handled by telco and bank-linked…
Kenya Sugar Board CEO Jude Chesire speaking during the Informa Africa Sugar Conference. Photo Courtesy
State unveils strategy to transform sugar sector into bio-economy and energy hub
Kenya is in the process of transforming the vast sugar sector into a bio-economy and energy hub through a decisive shift from traditional sugar production to a diversified agro-industrial model focused on ethanol and renewable energy. Addressing the Informa Africa Sugar Conference, the Kenya Sugar Board (KSB) CEO and Chairman of the International Sugar Organization…
Gichugu Law Courts sign post. Photo Courtesy
Ex-Mwietheri SACCO employee charged in alleged Ksh8.9 million fraud
A former employee of Mwietheri Savings and Credit Co-operative Organization (SACCO) Ltd has been charged with alleged fraud involving more than Ksh 9 million, following investigations by specialised detectives attached to the Sacco Societies Regulatory Authority (SASRA). Alfred Maina Munene was arraigned before the Gichugu Law Courts on Tuesday April 21, a day after his arrest…
Kenya’s financial sector is set for a significant transformation as regulators introduce a framework aimed at reshaping how banks, fintech firms, and SACCOs assess and issue loans.
Kenya tightens lending rules in sweeping credit sector overhaul
Kenya’s financial sector is set for a significant transformation as regulators introduce a framework aimed at reshaping how banks, fintech firms, and Savings and Credit Cooperatives (SACCOs) assess and issue loans. The proposed reforms seek to tighten lending standards, curb rising household debt, and introduce structured support mechanisms for borrowers struggling with repayments. Shift in…
Agriculture sector tops investor exits as private capital activity declines in Q1 2026
The agriculture sector recorded the highest proportion of investor exits across Africa in the first quarter of 2026 (Q1), underscoring shifting dynamics in private capital flows. According to the latest report by African market intelligence firm Stears, nearly 30 per cent of agriculture‑related transactions during the period involved investors pulling out. At the same time,…
KIPI Managing Director (MD) John Onyango addressing the press. Photo by Fredrick Odiero
Ministry of Trade, KIPI bank on Geographical Indications Bill to create jobs, boost farmers’ income
The Kenya Industrial Property Institute (KIPI) in conjunction with the Ministry of Investments, Trade and Industry is banking on the proposed Geographical Indications Bill, 2026, to transform Kenya’s agricultural and industrial sectors by boosting farmers’ incomes, creating jobs and positioning local products in premium global markets. The draft law seeks to establish a legal framework…
