BlockCoop launches Kenya’s first blockchain‑powered SACCO
BlockCoop SACCO, a newly established cooperative that integrates blockchain technology into savings and credit operations, has unveiled Kenya’s first blockchain‑powered cooperative, marking a historic milestone in the evolution of the country’s financial sector and reinforcing its position as a leader in innovation across Africa. The new model leverages blockchain technology to tackle long‑standing challenges in…
President William Ruto during the official launch of the Mukuru Estate Phase II, on December 18, 2025-Photo|Courtesy
Ruto cuts housing deposit from 10% to 5%, urges workers to register on Boma Yangu
President William Ruto has announced a reduction in the deposit required for affordable housing units, lowering the rate for salaried workers from 10 per cent to 5 per cent of a unit’s value. Speaking during the 2026 Labour Day celebrations in Vihiga County, President Ruto said the move is aimed at easing access to home…
MSEA CEO Henry Mwenda Rithaa and Buuri MP Mugambi Rindikire when they attended Ujuuzi Mashinani programme graduation ceremony in Buuri constituency, Meru County
MSEA CEO lauds President Ruto for initiating empowerment programmes
The Micro and Small Enterprise Authority (MSEA) Chief Executive Officer, Henry Mwenda Rithaa, has lauded President William Ruto for initiating empowerment programmes in the country to uplift citizens’ living standards. Rithaa said the programmes have positively impacted many people by economically and academically empowering them. Speaking in Buuri constituency during the graduation ceremony of the…
Sacco assets surge to KSh 1.2 trillion as membership hits 7.8 million- 2026 KNBS survey
The economic survey released on Thursday this week by the Kenya National Bureau of Statistics (KNBS) has painted a slightly rosy picture of the industry. According to the survey, total assets of deposit-taking SACCOs grew by 11.5 per cent to KSh 727.1 billion as at December 2025. Total assets and liabilities, which comprise time and…
President William Ruto speaking during the 2026 Labour Day celebrations in Vihiga County-Photo|Courtesy
Ruto announces 15% wage increase for agricultural workers, 12% increase for workers nationwide
President William Ruto has announced a sweeping wage adjustment for Kenyan workers, unveiling a 12 per cent general increase for workers and a higher 15 per cent rise for agricultural employees. Speaking during the 2026 Labour Day celebrations in Vihiga County, President Ruto stated that the wage increment marks a major policy shift aimed at…
Director, Mortgage, Caroline Wanjeri (left) and Kenya Mortgage Refinance Company CEO Johnstone Oltetia during the KMGT Product Launch
KCB unveils mortgage solution to unlock home ownership for Kenya’s informal sector
KCB Bank has launched a groundbreaking mortgage product targeting Kenya’s informal workforce, a move expected to expand access to affordable housing and reshape the country’s mortgage landscape. The new facility, offered at a single‑digit interest rate, is tailored for SMEs, artisans, boda boda operators, gig economy players, and digital content creators whose income streams are…
Bungoma Senator David Wakoli. He has raised concern over coffee pricing irregularities in Bungoma County
Bungoma coffee cooperatives face Senate probe over pricing irregularities
The Coffee Savings and Credit Cooperative Organizations (SACCOs) in Bungoma County are at the centre of Senate investigations following concerns over inconsistent coffee pricing that has affected farmer earnings. This comes after Bungoma County Senator, David Wakoli raised alarm over disparities in payments made through cooperative societies, citing variations between coffee cherry delivered to factories…
Neno Sacco customers urge expansion into domestic tourism to unlock Coast’s untapped potential
Customers using Neno Sacco’s coach and parcel services between the Coast and upcountry counties are urging the management to diversify into tourism‑oriented ventures, saying the move could unlock new opportunities in domestic travel and commerce. Businesspeople from Mombasa, Ukunda, Kilifi, and Malindi noted that despite Neno Sacco’s reliable fleet of VIP vans and buses suited…
Vihiga Governor Dr. Wilber Ottichilo signing the MoU with CGA. Photo Courtesy
Vihiga County, CGA strike deal to boost agribusiness
The Vihiga County Government and the Cereals Growers Association (CGA) on Wednesday inked a five-year memorandum of understanding deal, marking a significant step toward shifting the region’s agriculture from subsistence farming to a more commercial, business-driven model. The Cereals Growers Association, a national non-profit membership organization, works with farmers by providing access to critical information,…
CS Kagwe (l) alongside UK's Global Tea and Commodities Limited Chairman Nadeen Ahmed. Photo Courtesy
Kenya moves to put its tea on the London Marathon table in multimillion dollar UK deal
The agriculture and livestock development Cabinet Secretary (CS) Mutahi Kagwe has held high level talks with a leading United Kingdom (UK) based tea distributor, exploring bold new ways to market Kenyan tea to the world, including serving it to athletes at the prestigious London Marathon. Kagwe met with Nadeem Ahmed, Chairman of Global Tea and…
