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Family Bank secures CMA approval for NSE listing set for June 23

Sacco ReviewJune 16, 202604 mins

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…

NCBA General Manager for Branch Business in the Western Region, David Wasamba

NCBA, Kabarak University launch programme to boost SME growth

Sacco ReviewJune 16, 202603 mins

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…

EAC Affairs PS Dr. Caroline Karugu (centre) before National Assembly’s Departmental Committee on Finance and National Planning. Photo Courtesy.jpg

EAC affairs PS urges parliament to amend tax laws to align with EAC partner states

Sacco ReviewJune 11, 202606 mins

The State Department for East African Community (EAC) Affairs has urged the National Assembly to fast-track amendments to Kenya’s tax laws to align them with regional frameworks, warning that failure to do so could trigger retaliatory trade measures from neighbouring countries. Appearing before the National Assembly’s Departmental Committee on Finance and National Planning, Principal Secretary…

CBK holds lending rate at 8.75% to anchor inflation amid global price shocks

Sacco ReviewJune 10, 202604 mins

The Central Bank of Kenya (CBK) has retained the Central Bank Rate (CBR) at 8.75 percent for the second consecutive time, following its Monetary Policy Committee (MPC) meeting on June 9, 2026. The regulator said the move is aimed at anchoring inflation expectations in the face of rising global and domestic price pressures. Kenya’s inflation…

Ksh1,000 note dominates currency circulation, driving 80% of cash in Kenya

Sacco ReviewJune 8, 202603 mins

Kenya’s Ksh1,000 note has surged to dominate the country’s cash economy, accounting for nearly 80 percent of all notes in circulation, according to new data from the Central Bank of Kenya (CBK). The CBK report shows that total notes in circulation rose by 7 percent, climbing from Ksh 360.46 billion in 2025 to Ksh 388.41…

Senate, Kepsa urge counties to eliminate bureaucratic barriers to investment

Sacco ReviewJune 5, 202604 mins

The Senate and the Kenya Private Sector Alliance (Kepsa) have urged counties to eliminate bureaucratic barriers that continue to frustrate investors, warning that streamlined regulations and efficient service delivery are essential to unlocking economic growth and strengthening devolution. Speaking at the opening of the Senate Liaison Committee Roundtable, committee chair Kathuri Murungi said persistent inefficiencies…

High Court clears path for KSh 300B EABL-Asahi deal as Bia Tosha bid fails

Sacco ReviewJune 4, 202604 mins

The Milimani High Court has dismissed a last-minute attempt by local distributor Bia Tosha to freeze the blockbusting Ksh300 billion acquisition of East African Breweries Limited (EABL) by Japanese corporate giant Asahi Group Holdings. In a decisive ruling delivered on Tuesday, June 2, 2026, Judge Gregory Mutai threw out Bia Tosha’s urgent application to block…

ITC, Equity Group sign deal to boost East Africa’s coffee, leather and creative Sectors

Sacco ReviewJune 2, 202606 mins

The International Trade Centre (ITC) and Equity Group Holdings PLC have signed a strategic partnership aimed at accelerating growth in East Africa’s coffee, leather and creative industries through enhanced access to finance, trade expertise and global market opportunities. The partnership, formalized through a Memorandum of Understanding (MoU), will initially be rolled out in Kenya before…

Ambassador Mucheke calls for equal Africa–Netherlands partnerships in trade and climate cooperation

Sacco ReviewMay 30, 202603 mins

Kenya’s Ambassador to the Netherlands, Halima Mucheke, has called for equal and sustainable partnerships between Africa and the Netherlands, stressing the need for investment models that prioritise shared prosperity and long‑term development. Speaking after a high‑level meeting with the Dutch Minister of Trade and the African Diplomatic Corps, Amb. Mucheke said discussions focused on strengthening…

Gov’t to waive import duty on first 100,000 electric vehicles, Says President Ruto

Sacco ReviewMay 23, 202603 mins

President William Ruto has announced that the first 100,000 electric vehicles (EVs) imported into Kenya will be exempt from import duty as part of the government’s efforts to accelerate the country’s transition to clean energy transport and strengthen the economy. The President said the tax waiver will apply to both private and commercial electric vehicles,…