Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
KRA explains why the consolidated cargo minimum yield was raised. Traders can opt for individual customs assessment based on actual goods. New Ksh 3.2 million threshold took effect on August 21. Kenya Revenue Authority (KRA) has moved to clarify concerns raised by small-scale traders over changes to the minimum yield applied to consolidated cargo, following…
Kenyan businesses are increasingly absorbing rising production and operational costs as they seek to retain customers amid growing price sensitivity and weakening purchasing power. The strategy is intended to protect sales volumes and prevent customers from switching to cheaper alternatives, but it is putting pressure on firms’ profit margins as fuel, transport, energy and raw…
Kindiki warns fragmented standards are making it harder for African businesses to trade across borders. Small and medium enterprises are bearing the cost of repeated testing and certification. Kenya backs ARSO efforts to achieve one standard, one test and one certificate across Africa. Deputy President Kithure Kindiki has called on African countries to harmonise product…
Mobile money and Sacco records could help informal workers qualify for housing loans Government targets a major expansion of Kenya’s mortgage market Lenders push for wider financing options to turn affordable housing projects into home ownership Millions of Kenyans working outside formal employment could soon have a better chance of accessing affordable housing loans if…
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…
