Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Treasury Cabinet Secretary John Mbadi has reiterated the government’s commitment to empowering women-led small and medium enterprises (SMEs), emphasizing their critical role in driving poverty reduction and economic growth. Speaking during a women empowerment forum at Ndiru Primary School in Homa Bay Town Constituency on Friday, June 26, 2026, Mbadi underscored the importance of women…
President William Ruto has called on commercial banks to expand credit access for micro, small, and medium enterprises (MSMEs), warning that limited financing continues to stifle growth in one of Kenya’s most vital economic sectors. Speaking at the World MSME Day celebrations held at the Kenyatta International Convention Centre (KICC) in Nairobi, the President emphasized…
Small and medium‑sized enterprises (SMEs) across the country are set to benefit from a new partnership between Absa Bank Kenya and the Google Hustle Academy, which will provide training and financial support over the next 12 months. The initiative, unveiled in a joint statement, aims to equip entrepreneurs with digital expertise, financial literacy, growth strategies,…
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…
