Kericho farmers urge Tea Board of Kenya to scrap new 0.8pc Tea Levy
Tea farmers in Kericho County have called for the immediate withdrawal of a newly introduced 0.8 per cent tea levy, saying the charge will deprive earnings further at a time when they are already grappling with poor returns and mounting production costs. Speaking during the 104th Ushirika Day celebrations held at Kericho Primary School, the…
Kirinyaga disburses KSh20 Million credit boost to 20 ward-based SACCOs
The Kirinyaga County Government has disbursed KSh 20 million to 20 ward-based Savings and Credit Cooperative Societies (SACCOs), in a move aimed at opening up affordable credit access for more than 9,300 farmers across the county. According to Kirinyaga County governor, Anne Waiguru, each of the county’s 20 wards received KSh 1 million under the…
Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya
Oparanya reaffirms Gov’t commitment to strengthen MSMEs through credit and market access
Co-operatives and Micro, Small and Medium Enterprises Development Cabinet Secretary, Wycliffe Oparanya has reiterated the government’s commitment to supporting Micro, Small and Medium Enterprises (MSMEs) through progressive policies, affordable credit, and capacity‑building programmes aimed at driving sustainable growth and competitiveness. In a speech delivered on his behalf by his Special Advisor, Dr. Edward Mudibo during…
Laikipia County governor Joshua Irungu speaking during the event-Photo|Joshua Irungu X
Laikipia County disburses KSh 100 million to boost Cooperative Societies’ growth
Laikipia County Government has disbursed more than KSh100 million to local cooperatives through its Cooperative Revolving Fund, a facility now credited with driving value addition of farm produce and lifting incomes for members across the county. Speaking during the 104th Ushirika Day celebrations, governor Joshua Irungu revealed that the fund has expanded fivefold from an…
Kenyans receiving services at the Kenya Revenue Authority headquarters. PHOTO/KRA
KRA launches third tax amnesty window with full waiver on penalties
The Kenya Revenue Authority (KRA) has unveiled its third tax amnesty window, a move expected to unlock billions in revenue while easing compliance burdens for taxpayers. The program, which runs from July 1 to December 31, 2026, offers a 100 percent waiver on penalties, interest, and fines for tax liabilities incurred up to December 31,…
Old Mutual CEO-Arthur Oginga-Photo|Courtesy
Old Mutual approves KSh4.67 Billion non‑cash restructuring to resume dividend payouts
The transaction involves no cash payments or distributions to shareholders, meaning it will not alter the number of shares held by investors or dilute their proportionate ownership of the company Old Mutual Holdings PLC shareholders have approved a non-cash balance sheet restructuring plan that will wipe out billions of shillings in accumulated losses and clear…
Auctioneers board pushes for legal reforms to modernise profession
Members of the public have been urged to verify auctioneers’ credentials before engaging them and report suspected imposters to the board or police. The Auctioneers Licensing Board has called for urgent reforms to Kenya’s auctioneering laws, citing outdated legislation, rising operational costs, and persistent public misunderstanding of the profession. Speaking during a regional workshop in…
The National Treasury Cabinet Secretary John Mbadi-Photo|Courtesy
Treasury dismisses claims of borrowing KShs 1 trillion from SACCO savings for Infrastructure Fund
Kenyans have been urged to verify any claims about the SACCO reforms through official government communication before sharing them further PS Kilemi reaffirmed that SACCO funds remain the property of their respective societies and are managed exclusively by elected officials The National Treasury has dismissed as false and malicious claims circulating on social media alleging…
President William Ruto during a brief on the progress of the government's Nyota business support-Photo|Courtesy
Second tranche of NYOTA start-up capital set for national rollout this Friday
Unlike the first tranche, which was rolled out in phased clusters across the regions, the second disbursement would reach all eligible beneficiaries at the same time.. the beneficiaries have already completed a mandatory business development skills training programme, a requirement under the initiative before qualifying for the start-up capital. The government will on Friday roll…
KWFT managing director Rose Muyanga and Laikipia County Development Authority CEO Margaret Nyawira during the official reopening of the KWFT Nanyuki Branch-Photo|Courtesy
KWFT expands services with reopening of Nanyuki branch to empower women entrepreneurs
KWFT reopens Nanyuki branch to expand financial services, empower women entrepreneurs, farmers, and households across Laikipia County, strengthening its national network of 190 branches and 125 agents. The Kenya Women Microfinance Bank (KWFT) has reopened its Nanyuki branch which aims to strengthens its presence around MT Kenya region, expand its financial services and empower women,…
