Focus on SMEs - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Busia Bodaboda riders during the empowerment drive

Busia Bodaboda riders reap big from empowerment drive, urged to form SACCOs

Sacco ReviewMay 9, 202604 mins

Busia County Bodaboda riders yesterday received a major boost after Governor Paul Otuoma in the company of distinguished guests, presided over a Riders Empowerment Initiative that doubled as a major harambee, bringing together over 2,000 bodaboda riders. According to the organisers, the initiative focused on smart insurance solutions, enhanced security awareness, financial literacy, and practical…

Government pushes new MSME policy to ease credit access and formalisation

Sacco ReviewMay 7, 202605 mins

The government has stepped up efforts to strengthen Kenya’s small business sector through a fresh policy drive aimed at easing access to finance, boosting competitiveness, and encouraging informal enterprises to formalise. Regulators and development partners are intensifying outreach to micro, small and medium‑sized enterprises (MSMEs) amid concerns that many firms remain locked out of structured…

Absa Bank commits Ksh100 billion to revamped asset financing model for MSMEs

Sacco ReviewMay 6, 2026May 7, 202605 mins

Absa Bank Kenya has unveiled a new asset financing model dubbed ABF 2.0 that will deploy Ksh100 billion over the next three years to empower micro, small, and medium‑sized enterprises (MSMEs) as well as individual customers. The revamped model is designed to improve access to productive assets and accelerate growth across key sectors of the…

Government unveils policy brief to strengthen SME role in circular agri‑food economy

Sacco ReviewMay 3, 2026May 4, 202604 mins

The government has rolled out a new policy brief aimed at positioning small‑ and medium‑sized enterprises (SMEs) at the center of Kenya’s transition toward a circular economy in the agri‑food sector. The document, dubbed “Strengthening policy frameworks to empower agri-food SMEs towards a circular economy in Kenya”, developed by the Ministry of Agriculture and Livestock…