Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Uasin Gishu has engaged traders ahead of the opening of the 64 Ultra Modern Market. Traders want a fair and transparent online stall allocation process. The market is expected to improve trading conditions when opened during Mashujaa Day. Uasin Gishu County has intensified engagement with traders ahead of the official opening and stall allocation at…
KRA has raised the cargo valuation reference point from Ksh2.5 million to Ksh3.2 million. The new figure is a benchmark, not an automatic value for every container. KRA says the change targets under declaration while protecting compliant traders and government revenue. The Kenya Revenue Authority (KRA) has increased the minimum reference point for general containerised…
KAM trains businesses on modern warehousing and logistics Gemba training focuses on efficiency and technology Firms urged to build resilient supply chains The Kenya Association of Manufacturers (KAM) has stepped up efforts to strengthen supply chain efficiency through practical training on modern warehousing, inventory and logistics management. KAM conducted a Gemba-based training at Mitchell Cotts…
Accountants urged to help MSMEs improve financial management Better records can help businesses unlock credit and growth Tally MSME Honours celebrate resilient and innovative enterprises Professional accountants have been challenged to take a more active role in helping small businesses improve their financial management, access financing and build enterprises that can withstand the challenges of…
Digital lenders are becoming a bigger part of how Kenyan farmers meet urgent farm costs. Farmers continue to borrow heavily for inputs and labour as production expenses remain high. The shifting credit patterns highlight the growing need for affordable and sustainable agricultural financing. Digital lenders are increasingly becoming an important source of financing for Kenyan…
Kenyan firms are being urged to make AI a core business tool rather than a side experiment. Experts say businesses must show clear returns from their AI investments. Automation is already helping firms streamline routine tasks and free employees for other work. Kenyan companies are being pushed to adopt artificial intelligence (AI) as a core…
Kenyan CEOs want the government to cut business costs, make credit cheaper and clear pending bills owed to firms. High operating expenses, weak purchasing power and policy uncertainty remain major concerns for businesses. Despite the challenges, firms see technology adoption, stronger demand and market expansion as key growth opportunities. Kenya’s private-sector leaders have intensified calls…
Banks have increased lending to MSMEs as falling interest rates make credit more affordable. The latest figures reveal which lenders are leading the race to finance small businesses. Lower borrowing costs are encouraging stronger demand for credit across key sectors of the economy. Kenyan businesses are gaining easier access to bank financing, with lenders advancing…
KRA proposes changes that could cut clearance costs and delays for small importers using shared containers. Traders may soon pay only for handling and clearing their own consignments instead of shared costs. Dedicated de consolidation facilities could help speed up cargo separation and reduce extra charges. Small-scale importers could soon face fewer costs and delays…
Absa and Simba Corp strike a deal to make vehicle financing more accessible to Kenyan businesses. SMEs can secure high financing for commercial vehicles, with repayment periods stretching several years. Schools purchasing buses will get full financing under terms designed to ease cash flow pressure. Absa Bank Kenya has partnered with local conglomerate Simba Corporation…
