MSMEs Development PS Susan Mang’eni/Photo File

Govt to disburse Ksh1.25B Nyota Fund to youth in 27 counties

The National government is set to disburse Ksh1.25 billion to youth beneficiaries under the Nyota Fund, a key component of its economic empowerment agenda aimed at addressing youth unemployment. The rollout, which is scheduled to take place between January 8 and January 16, follows the successful completion of mandatory three-day business skills training by beneficiaries…

Read More

Kenya’s economy grows 4.9% in Q3 2025 amid widening external deficit and rising debt

Kenya’s economy expanded by 4.9% in the third quarter of 2025, up from 4.2% a year earlier, as construction, mining, and tourism rebounded strongly. Yet the recovery remains uneven, with households facing higher food costs, slower agriculture growth, and a widening current account deficit that rose from Ksh43.5 billion to Ksh135.3 billion. The latest Quarterly…

Read More
Reli Sacco building/Photo Courtesy

Reli Sacco advertises internal auditor position

Reli Regulated NWDT Sacco has announced a vacancy for an Internal Auditor, inviting qualified and experienced professionals to apply before the January 22, 2026 deadline. In a notice released under its current openings, the Sacco said it is seeking an individual who will play a key role in auditing operations, analysing financial data, and supporting…

Read More
Agriculture Cabinet Secretary Mutahi Kagwe/Photo File

CS Kagwe warns of food insecurity as rice deficit deepens amid court battle on duty free imports

Agriculture Cabinet Secretary Mutahi Kagwe has warned that Kenya is likely to  face a food insecurity crisis, driven by prolonged drought, declining domestic rice production and widening supply gaps. He said that the Country  produces less than 20 per cent of the rice it consumes and is projected to face a deficit of more than…

Read More
KUSCCO Centre
KUSCCO Centre/Photo File

KUSCCO proposes amendments of Tax Act to provide uniform tax for all SACCOs

Kenya Union of Savings & Credit Co-operatives (KUSCCO) has submitted policy proposals to the National Treasury aimed at strengthening SACCOs and protecting member welfare. Among the proposals is the amendment of Section 19A of the Income Tax Act (ITA) to provide a uniform tax treatment for all types of cooperatives societies, recognizing their shared goals…

Read More
Agriculture Cabinet Secretary Mutahi Kagwe/Photo File

Gov’t unveils sweeping tea sector reforms to boost farmers’ earnings, global competitiveness

The government has unveiled far-reaching reforms aimed at transforming Kenya’s tea sector, raising smallholder farmers’ incomes and strengthening the country’s competitiveness in the global tea market. Under the new reform programme, smallholder tea farmers could earn up to Ksh100 per kilogramme of green leaf by 2027, nearly double the current average returns. Agriculture Cabinet Secretary…

Read More
Kenya Sugar Board Chief Executive Officer Jude Chesire

Kenya exits COMESA sugar safeguard after 24 years

Kenya has formally withdrawn from the COMESA Sugar Safeguard regime after 24 years, marking what officials describe as a confident transition for the country’s sugar industry. Kenya Sugar Board Chief Executive Officer Jude Chesire said the safeguard, which expired on November 30, 2025, had achieved its purpose as a temporary, reform‑driven instrument to stabilize and…

Read More
Principal Secretary for MSMEs Susan Mang’eni

Government to roll out new MSME policy to drive jobs and growth

The government is preparing to unveil a revised Micro, Small and Medium Enterprises (MSMEs) policy designed to transform the sector into a central pillar of job creation, economic growth and inclusive development under the Bottom‑Up Economic Transformation Agenda (BETA). Principal Secretary for MSMEs Susan Mang’eni said the sector has already registered progress under the current…

Read More
LBDA Managing Director Wycliffe Ochiaga

LBDA positions itself as driver of economic growth

The Lake Basin Development Authority (LBDA) has declared itself a key engine of economic growth, following a strong performance in 2025 that saw gains in revenue, agriculture and institutional ventures. Managing Director Wycliffe Ochiaga said the authority’s improved outlook was anchored on aligning its programmes with the national Bottom‑Up Economic Transformation Agenda, a move that…

Read More
Don`t copy text!