Equity of Redemption ensures that a borrower retains the right to reclaim their property after paying the outstanding debt and any legitimate interest or costs.

Understanding the Equity of Redemption Principle as a critical protection for borrowers

In the world of loans and mortgages, borrowers often place valuable assets such as land, houses, or vehicles as security when seeking credit. While this arrangement helps individuals access much-needed funds, it also exposes them to the risk of losing their property if they fail to repay the loan. To prevent lenders from unfairly taking…

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Hamisi Williams, FAO representative addressing the press. Photo by Fredrick Odiero

FAO, EU launches GIS-based Database Systems Implementation Guideline in Kisumu

The Food and Agriculture Organization of the United Nations (FAO) and the European Union (EU) under the Digital Land Governance Programme, has officially launched the GIS Based Database Systems Implementation Guideline in Kisumu County. The launch according to the officials, marks a momentous journey towards digitization of the processes at the Council of Governors, the…

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Busia Governor Paul Otuoma with Faridi DT Sacco chairperson Godfrey Saidi. Photo by Godfrey Wamalwa

Governor Otuoma urges Faridi DT SACCO to partner with county in driving economic growth

Busia County Governor Paul Otuoma has called on Faridi Deposit Taking Savings and Credit Co-operative Organization (DT SACCO) Limited to partner with the county government in developing a strategic business framework aimed at accelerating economic growth and improving livelihoods across Busia County. Speaking during the SACCO’s 49th Annual General Meeting (AGM) attended by 300 delegates,…

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One of the branches of Mwalimi DT-Sacco.
One of the branches of Mwalimi DT-Sacco. Photo Courtesy

Mwalimu DT Sacco reports strong 2025 growth as assets hit Ksh 76Billion

Mwalimu National Deposit Taking Savings and Credit Co-operative Organization (DT SACCO), Kenya’s largest SACCO by assets, has reported strong financial growth for the year ended 31 December 2025, with surplus rising significantly as the cooperative expanded its asset base, loan portfolio, and member deposits. The SACCO posted a 76.3% increase in surplus to Ksh 1.27…

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President William Ruto with Kimani Ichung’wah after signing the Coffee Bill into law.

President Ruto signs coffee bill into law, paving way for major sector reforms

President William Ruto has signed the Coffee Bill (Senate Bill No. 10 of 2023) into law, marking a significant milestone in efforts to revitalize Kenya’s coffee industry. The Bill was co-sponsored in the Senate by James Kamau Murango and in the National Assembly by Kimani Ichung’wah. The legislation aims to restructure the coffee sector by…

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Rose Omondi addressing the press in Kisumu. Photo by Fredrick Odiero

Over 600 exhibitors to attend Kisumu Agricultural Show in July

Over  600 exhibitors have so far shown interest in participating in this year’s Kisumu  charter Agricultural Society of Kenya (ASK) show. This was revealed by the chairperson of the committee tusked with organizing the event, Rose Omondi, who said they are also at the moment talking to more exhibitors from Bomet, Vihiga and Kakamega and…

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Mohamed Abdul M’maka, the newly appointed KRA Commissioner for Investigations and Enforcement. Photo Courtesy

KRA appoints Commissioner for Investigations and Enforcement

The Kenya Revenue Authority (KRA) has appointed Mohamed Abdul M’maka as the new Commissioner for the Investigations and Enforcement Department. The appointment was approved by the KRA Board following a competitive recruitment process aimed at strengthening the Authority’s capacity to combat tax evasion, financial crimes, and illicit trade. M’maka brings over 21 years of experience…

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Distribution of coffee seedlings in Meru. Photo by John Majau

Youth urged to join Coffee farming as Meru seeks production revival

Coffee farmers in Meru County, most of whom are elderly, have been urged to subdivide their land and actively involve young people in coffee farming to secure the sector’s future. Industry stakeholders called on farmers to move away from hoarding coffee bushes and instead support youth participation, noting that increased engagement would boost both production…

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dividends
SACCO sector is gunning towards a trillion disbursement.

SASRA: SACCO sector guns towards a trillion disbursement

The Savings and Credit Co-operative Organisation (SACCO) is gunning towards a trillion disbursements as at December 2025. According to Sacco Societies Regulatory Authority (SASRA), the sector received Ksh125.7 billion in the year 2024.At the same time, the amount Kenyan Sacco sector disbursed across the country exceeded Ksh900 billion by December 2025. In addition, the data…

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Governor Kimani Wamatangi poses with a dummy cheque with boda boda operators. Photo Felix Wanderi

Githurai Boda Boda operators shift gears toward investment, youth mentorship

In a transformative shift from daily subsistence to long-term wealth creation, boda boda operators in Githurai in Kiambu County have pledged to intensify their savings and investment portfolios. This commitment, aimed at boosting economic stability and uplifting the local community, was unveiled during a high-profile consultative meeting attended by Kiambu Governor Kimani Wamatangi and various…

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