Kenya Bankers Association (KBA) CEO Raimond Molenje/Photo courtesy

MSME lending jumps to ksh153 Billion surpassing Ksh150B banks’ target

Kenya’s banks have surpassed their annual lending target to Micro, Small and Medium Enterprises (MSMEs), exceeding the Ksh150 billion target by 2% to a total of Ksh153 billion. This was announced by Raimond Molenje, the Chief Executive Officer of the Kenya Bankers Association (KBA), during the launch of the Nature Positive Financing Assessment Report. Molenje…

Read More

Stima DT SACCO, Mwalimu National CEO shine at 2025 SBLA awards

The cooperative sector in Kenya earned top recognition at the 2025 Strategic Business & Leadership Awards (SBLA) when Stima DT Sacco was named Corporate of the Year in the SACCOs and Microfinance Institutions category. By winning the coveted award, Stima DT Sacco reaffirmed its place among Kenya’s most dynamic financial cooperatives. Organizers praised it as…

Read More
Central Bank of Kenya in Nairobi/Photo File

CBK orders Banks and SACCOs to comply with new cyber security guidelines

The Central Bank of Kenya (CBK) has ordered banks and Savings And Credit Cooperative Organisations (SACCOs) to comply with new guidelines on cyber security that mandate stricter protection for financial systems in order to protect themselves against cyber insecurities. To support this, the CBK has established the Banking Sector Cybersecurity Operations Centre (BS-SOC), a hub…

Read More
DFSAK Chairman Kevin Mutiso/Photo Courtesy

Majority of Kenyans borrowing Ksh 1,000 or less default on loans — CBK report reveals

A new report by the Central Bank of Kenya (CBK) has revealed that a majority of Kenyans borrowing small digital loans particularly those of Ksh 1,000 or less are defaulting, raising concerns over the sustainability and impact of digital credit in the country. The Kenya Financial Sector Stability Report released on September 2025, shows that…

Read More
Nandi County Executive for Agriculture and Cooperative Development, Dr. Kiplimo Arap Lagat/Photo Courtesy

Nandi unveils reforms to protect coffee farmers from exploitation, fake seedlings

The Nandi county government has unveiled bold reforms in the coffee sector, aimed at protecting farmers from exploitation, restoring order in the value chain and positioning local coffee as a premium global brand. The County Executive for Agriculture and Cooperative Development, Dr. Kiplimo Arap Lagat announced nine directives touching on marketing, licensing, cooperative governance and…

Read More

Mwalimu Sacco launches cheque book service

Mwalimu National DT Sacco has launched cheque book services to boost members’ financial transactions. “The introduction of cheque books will provide members with greater flexibility, convenience, and professionalism in managing their financial transactions,” it said. The sacco chief executive Kenneth Odhiambo said the move would enhance financial inclusivity, giving members expanded options to transact seamlessly….

Read More
KETSA forum's Chair Joyce Ndegwa gives remarks after completion of a four-day annual CEO's workshop at Pride Inn, Flamingo in Mombasa, on Thursday, September 18, 2025.

KETSA calls for AI integration into SACCO operations for stronger digital governance

The Kenya Teachers’ Sacco Association (KETSA) has called the integration of Artificial Intelligence, (AI) into Sacco operations to strengthen digital governance and simplifies services. Speaking during the sixth annual CEO workshop in Mombasa, the forum’s Chair Joyce Ndegwa highlighted the urgency of adapting to technological shifts, strengthening Sacco member services, and innovative collaboration within the…

Read More
Gulf-Africa Investment Nexus (GAIN) CEO Dr Princess Mutisya. Photo By John Kamau

Boost for SMEs as new funding, investment opportunities unlocked in Kenya-Gulf pact

The partnership between Africa and the Gulf countries has been taunted as a major milestone towards promoting businesses and triggering economic growth in African countries. Small and Medium Enterprises (SMEs) are set to be the major beneficiaries with eased access to financing as well as investment opportunities to grow and sustain the ventures. Partners under…

Read More

Kenya Dairy Board, ILRI signs MoU to boost milk production  

Kenya Dairy Board (KDB) and International Livestock Research Institute (ILRI) have signed a Memorandum of Understanding (MoU) aimed at accelerating inclusive growth, innovation, and sustainability in the dairy sector. The MoU will provide a framework for cooperation to work from ‘farm to glass’ to improve dairy production, processing, and consumer awareness. Further, the partnership seeks…

Read More
Kakuzi PLC MD Chris Flowers with Siaya Governor James Orengo during the familiarisation visit to Kakuzi/photo courtesy

Siaya County, Kakuzi partner to boost avocado and macadamia farming

The County Government of Siaya, in collaboration with Kakuzi PLC, has embarked on a technical partnership to boost avocado and macadamia farming in the county. Speaking during a familiarisation visit to Kakuzi’s Makuyu orchards, Governor James Orengo highlighted plans to expose  Siaya smallholder farmers to best practices in avocado and macadamia crop husbandry. Orengo also…

Read More
Don`t copy text!