Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Kenya’s small and medium enterprises (SMEs) are entering the year ahead with renewed optimism in mobile money and digital payments. A new Mastercard SME Confidence Index reveals that 66 percent of SMEs are confident about their business outlook, while 70 percent expect revenue growth over the next 12 months. The survey credits Kenya’s deep digital…
A proposal in the Street Vendors Bill, 2023, that seeks to impose fines of up to Sh200,000 on street traders has drawn sharp opposition from lawmakers, government officials, and market stakeholders, who argue the penalties are excessive and risk worsening the plight of thousands of Kenyans who rely on informal businesses for survival. The Bill…
Women‑owned enterprises continue to face significant barriers in accessing business financing despite their expanding role in Kenya’s economy, new data shows. Figures released by Metropol Credit Reference Bureau (CRB) reveal that female‑led businesses account for just 27 per cent of outstanding MSME credit value, compared to 73 per cent for male‑owned firms. This means that…
Credit Bank has committed KSh1 billion in 2026 to support micro, small and medium‑sized enterprises (MSMEs) through financing and transaction banking solutions, in a bid to spur business growth and job creation across Kenya. The lender said the funds will be directed to businesses across diverse sectors, providing access to trade finance, working capital, asset…
Hundreds of young entrepreneurs from Meru County have benefited from loans worth Ksh30 million disbursed by a non-governmental organisation through its SACCO arm. Governor Isaac Mutuma praised the initiatives, reaffirming the county government’s commitment to collaborating with non-governmental organisations that support youth empowerment. He made the remarks as young entrepreneurs in Meru County received loans…
Residents of Taita Taveta County have called on the National Assembly to scale down proposed taxes on digital transactions and mobile phones, warning that the Finance Bill, 2026, could stifle innovation, entrepreneurship, and youth employment in the digital economy. Led by representatives from the National Youth Council (NYC) Taita Taveta chapter, the residents who were…
Isiolo County has stepped up efforts to strengthen small businesses by hosting the sixth edition of the Kenya Public‑Private Sector MSMEs Dialogue- the MSME Connect Forum. The event brought together entrepreneurs, government agencies, financial institutions, and development partners to explore opportunities for enterprise growth and resilience. Hundreds of business owners from across the county attended…
Small and Medium‑sized Enterprises (SMEs) eyeing growth beyond Kenya have been cautioned against treating the wider East African region as a single, uniform market. Trade experts say such blanket expansion strategies risk undermining business prospects, urging firms instead to adopt deliberate, country‑specific approaches. Speaking during the NCBA Trade Commissioners Forum in Nairobi, Regional trade advisor…
Kenya’s Micro, Small and Medium Enterprises (MSME) sector is staring at a severe credit crunch, with experts warning that the country faces a KSh3.3 trillion funding gap that threatens the survival and growth of the sector. Financial institutions are currently providing only a fraction of the capital required to sustain operations, raising fears about the…
Residents of Kiambu County have called on the Departmental Committee on Finance and National Planning to protect Micro, Small, and Medium Enterprises (MSMEs) and encourage local investment through the adoption of business-friendly policies. Speaking during a public participation forum on the Finance Bill, 2026, alongside the Sovereign Wealth Fund Bill, the Central Bank (Amendment) Bill,…
