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

Nanyuki Bus Park set for Sh60m facelift

Sacco ReviewSeptember 11, 2026September 11, 202604 mins

Ksh60m facelift planned for Nanyuki Bus Park. Project will improve transport and business facilities. Leaders want street lighting fixed for a 24-hour economy. The 50-year-old Nanyuki Bus Park is set for modernisation, laying the groundwork for 24-hour economy enterprises in the town. Under the Ksh60 million programme, dilapidated structures will be demolished and replaced with…

Kenyan banks make Forbes World’s Top Performing Banks 2026

Sacco ReviewSeptember 11, 202603 mins

Four Kenyan banks have entered Forbes’ inaugural global top-performing banks ranking. Co-operative Bank, Equity Group, KCB Group and Stanbic Holdings made the top 500. The ranking assesses profitability, growth, capital strength and asset quality. Four Kenyan banks have been named among the World’s Top Performing Banks 2026, in the inaugural global ranking by Forbes in…

Trade credit from Saccos surges as wholesale leads growth

Sacco ReviewSeptember 10, 202604 mins

Trade lending by Saccos rises to Ksh19.03 billion Wholesale and retail loans jump 33% to Ksh13.25 billion Hospitality lending falls as foreign trade credit grows Kenya’s small traders and wholesalers found more room to borrow from Saccos this year, with trade sector lending climbing sharply as wholesale and retail businesses pulled in the lion’s share…

Rukuriri Tea Factory launches value added brands for export

Sacco ReviewSeptember 10, 202603 mins

Rukuriri Tea Factory launches three value added tea brands New products target international markets and better farmer earnings Factory plans to boost local tea consumption from 5% to 30% Rukuriri Tea Factory has penetrated the international market through value added tea, aiming to pay its farmers better in the coming years. The Embu based factory…

Regional body urges calm amid Kenya foreign trader crackdown

Sacco ReviewSeptember 9, 2026September 9, 202605 mins

Regional trade body urges foreign traders to remain calm. CMSEO EA says the directive targets undocumented businesses, not lawful traders. Traders are urged to keep immigration and business documents in order. Nairobi’s small business scene has been on edge lately, and now a regional trade body wants to bring the temperature down. The Confederation of…

State, Tata Chemicals move to end Magadi standoff

Sacco ReviewSeptember 9, 202605 mins

Government and Tata Chemicals Magadi agree to form a joint technical committee. The committee will review compliance, royalties, exports, community benefits and environmental issues. The move signals a possible easing of the standoff over suspended mining operations. The stalemate between the government and Tata Chemicals Magadi appears to be easing. Executives from the soda ash…

Shilling holds steady but rising oil prices threaten Kenya

Sacco ReviewSeptember 8, 202608 mins

Shilling remains stable against the dollar despite global pressures. Rising crude prices could push up Kenya’s fuel and transport costs. Inflation climbs as oil nears the $100 per barrel mark. Kenya’s shilling is refusing to buckle against the US dollar, but a new threat is emerging from the global oil market that could hit fuel…

Ruto bars raw material exports, pushes local value addition

Sacco ReviewSeptember 8, 202605 mins

Ruto orders an end to raw material exports as Kenya prioritises local processing. The policy targets more jobs, manufacturing and wealth retention. Kenya faces the challenge of building competitive processing capacity locally. President William Ruto has declared that Kenya will no longer export raw materials for processing abroad, signalling a major shift in the country’s…

Kajiado North to get three modern markets from National Gov’t

Sacco ReviewSeptember 8, 202603 mins

Kajiado North is set to receive three modern markets for traders. Ruto commissioned a KSh210 million market in Kware. Ngong VET housing project is 60% complete and has created thousands of jobs. Residents of Kajiado North constituency are set to benefit from three modern markets as the national government moves to improve trading facilities and…

M-KOPA expands EV financing model to electric tuk tuks in Kenya

Sacco ReviewSeptember 8, 202603 mins

M-KOPA expands electric vehicle financing to tuk tuks. The company has already financed more than 10,000 electric motorcycles. Lower running costs could accelerate Kenya’s shift to electric transport. M-KOPA is expanding its pay-as-you-go electric mobility financing model to tuk tuks, after financing more than 10,000 electric motorcycles in Kenya. The move targets another major segment…