Business & Finance - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Kenya CEOs demand tax cuts, lower interest rates to ease costs

Sacco ReviewOctober 23, 202606 mins

Business leaders are pushing for changes to ease mounting pressure on enterprises. Financing challenges and regulatory hurdles remain key concerns for firms seeking to expand. CEOs want more predictable policies to support investment and business growth. More than 600 chief executive officers of private sector companies in Kenya are calling on the government to cut…

Kenya secures China market access for dried chilli exports

Sacco ReviewOctober 22, 202606 mins

Kenyan chilli exporters have gained a new international market as trade opportunities expand. Strict registration, food safety and pest control rules will govern access to China. Farmers and processors are being urged to strengthen compliance to benefit from the export opportunity. Kenyan chilli farmers and exporters have secured access to the Chinese market following approval…

Nakuru smallholder farmers trained on modern farming technologies

Sacco ReviewOctober 22, 202606 mins

Nakuru vegetable farmers are being equipped with skills to improve productivity and farm incomes. Climate-smart technologies are offering new ways to sustain vegetable production throughout the year. Farmers are embracing modern techniques to strengthen food security and create rural jobs. Smallholder vegetable farmers in Nakuru County have received a major boost after a programme was…

Quickmart IPO draws UK backing worth Ksh 1.94 billion

Sacco ReviewOctober 22, 202606 mins

Quickmart’s planned stock market debut is attracting interest from international investors. The supermarket chain is opening up ownership as its listing date approaches. Strong financial results are putting the retailer’s expansion strategy in focus. Britain has pledged Ksh 1.94 billion to Quickmart’s share offer, with applications closing on October 30, 2026. Through its MOBILIST programme,…

Sotik Tea Company eyes global markets with fresh berry venture

Sacco ReviewOctober 19, 2026October 19, 202604 mins

Sotik Tea Company is stepping beyond its traditional tea business into fresh berry production, betting on agricultural diversification to open new export opportunities, create jobs and attract investment. The company unveiled Sotik Fresh Berries on Monday, October 19, 2026, marking a new chapter in its efforts to expand its agricultural portfolio and tap into growing…

KDC courts Saccos in push to unlock North Rift potential

Sacco ReviewOctober 19, 202604 mins

KDC is engaging Saccos and businesses in Eldoret to expand access to development financing. The corporation is targeting agricultural value chains through processing, storage and modern equipment. Cooperative leaders are urging farmers to use available financing to strengthen enterprises and boost value addition. The Kenya Development Corporation (KDC) has taken its development financing drive to…

KRA to hand cargo tracking seals over to private vendors

Sacco ReviewOctober 19, 2026October 19, 202605 mins

KRA will discontinue its electronic cargo seals for dry goods and vehicles from October 26, shifting supply to approved private vendors. Importers and transporters will choose providers and negotiate service terms directly with them. Fuel cargo seals will be phased out gradually as KRA seeks to reduce shortages and delays. Importers, exporters and transporters will…

Chai Trading Company launches five-year strategic plan

Sacco ReviewOctober 18, 202604 mins

Chai Trading Company has unveiled a five-year plan focused on reducing tea marketing costs and improving farmers’ returns. A mega warehouse in Miritini, Mombasa, is expected to streamline tea storage and handling ahead of the auction. KTDA leaders are targeting new markets and stronger global demand to deliver better value for tea farmers. Tea farmers…

KEBS warns firms against using quality mark on jaba juice

Sacco ReviewOctober 16, 202604 mins

KEBS warns manufacturers against using its certification mark on khat-infused beverages. The regulator revokes permits over misuse of certification for products outside approved scopes. Consumers urged to verify product certification and report suspected misuse of the KEBS mark. The Kenya Bureau of Standards (KEBS) has cautioned manufacturers and traders against displaying its Standardization Mark (S-Mark)…

MMUST students win Sh1 million to boost their businesses

Sacco ReviewOctober 16, 202605 mins

Ten student-led businesses at MMUST secure seed funding to support their growth. The winning entrepreneurs emerge from a competitive pitching contest involving 20 finalists. The successful ventures enter a six-month programme to strengthen operations and prepare for investment. Ten university student-led businesses at Masinde Muliro University of Science and Technology (MMUST) have received a total…