President William Ruto during the State of Nation Address in Parliament/Photo Courtesy

What President William Ruto’s administration has done for agriculture sector

President Dr William Samoei Ruto has laid out what his Kenya Kwanza administration has done for the Agriculture sector, the main turbine in the engine that is driving his ambitious 10-year Bottom Up Transformation Agenda blueprint. This is as the countdown for his momentous first term in office draws to a close. In his second…

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Digital loan/Photo Courtesy

Digital lenders overtake microfinance banks with ksh 76.8bn in June 2025

The number of licensed Digital Credit Providers (DCPs) in Kenya rose to 126 as of July 2025, reflecting rapid growth in the digital lending sector following the implementation of stricter regulatory requirements by the Central Bank of Kenya (CBK). According to according to the Central Bank of Kenya’s Financial Sector Stability Report DCPs advanced KSh…

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Jack Ranguma, SASRA Board Chairman. Photo/File
Jack Ranguma, SASRA Board Chairman/Photo Courtesy

Joint Financial Regulators forum focus on stability amid rapid tech adoption

The Joint Financial Sector Regulators Forum concluded its 16th Annual Board Retreat in Naivasha, centering its discussions on “Fostering Financial Stability and Resilience Amid Emerging Risks and Regulatory Reforms.” Held against the backdrop of rapid technological transformation in the financial industry, the retreat brought together key regulators to assess the evolving landscape shaped by innovations…

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Afya Sacco delegates Conference/Photo File

Afya SACCO delegates approve key resolutions on dividends, borrowing powers and audits during SDM

The Afya Cooperative Savings and Credit Society Limited has announced a series of major resolutions following its Special Delegates Meeting (SDM) held on November 7, 2025. The meeting, chaired by Chief Executive Officer Lwanga Mbeche, addressed critical financial and governance matters affecting members and the society’s future operations. Delegates approved the non-payment of dividends on…

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CS National Treasury and Economic Planning John Mbadi Ng’ongo during presentation of Ksh 4.2 trillion spending plan for the 2025 26 financial year/Photo Courtesy

Global economic slowdown, rising trade tensions pose risks to financial stability, CBK Report

The global economy is expected to slow in 2025, expanding between 2.8% and 3.0%, down from 3.3% in 2024, according to the Central Bank of Kenya’s Financial Sector Stability Report. The projected deceleration comes despite inflation returning to target levels, with the CBK citing escalating trade tensions, protectionist policies, and heightened policy uncertainty as key…

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SASRA Acting Chief Executive Officer, David Sandagi,
SASRA Chief Executive Officer, David Sandagi speaking during the Cooperatyive s forum in Naivasha/Photo Courtesy

SASRA CEO underscores key sector reforms at Cooperative Stakeholders’ Forum

The Sacco Societies Regulatory Authority (SASRA) Chief Executive Officer, David Sandagi, has outlined major reforms aimed at strengthening Kenya’s cooperative sector during a high-level panel discussion at the 4th Annual Cooperative Movement Stakeholders’ Forum held at Lake Naivasha Resort. The forum, themed “Shaping the Future of Co-operatives: Leadership, Innovation and Sustainable Growth,” brought together cooperative…

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Cabinet Secretary for Cooperatives and MSMEs Wycliffe Oparanya/Photo Courtesy

CS Oparanya calls for merger of small SACCOs to boost their competitiveness

The Cabinet Secretary for Cooperatives and MSMEs Wycliffe Oparanya has called for the merger of small Savings and Credit Cooperative Organizations (SACCOs) as part of boosting their competitiveness both locally and internationally. Spaeking during the 4th annual Cabinet Secretary’s Cooperative Movement Stakeholders’ Forum, CS Oparanya said that small cooperatives cannot endure local and global emerging competitive…

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Nyati Sacco plaza/Photo Courtesy

Nyati Sacco CEO Dr. Julius Bett resigns

The Nyati Sacco Society Ltd Chief Executive Officer, CEO Dr. Julius Bett  has officially resigned. His resignation was announced by the sacco’s board of directors through a public notice published on one of the local dailies. “The Board of Directors of Nyati Sacco Society Ltd wishes to notify the members, stakeholders, and the general public…

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Turbo SME traders during the training/Photo Courtesy

Over 100 Uasin Gishu MSMEs informed on business support opportunities

Over 100 Micro and Small Enterprises entrepreneurs from Turbo Sub County, Uasin Gishu have been trained on business policies so as to empower them with knowledge on existing regulations and support services. The program manned  by the Micro and Small Enterprises Authority (MSEA) aims to foster a more informed, compliant, and competitive MSME ecosystem in…

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CAK CEO Daniel Marube (l) and Vincent Marangu/Photo Courtesy

Cooperatives urged to expand credit provision to members to enhance capital retention

Cooperatives have been asked to expand credit provision to members and fast-track strategies to enhance capital retention to enable them be productive. Director-In-Charge of the Cooperative Banking Division at the Cooperative Bank of Kenya, Vincent Marangu  said the loan provision to members in the Sacco subsector currently stands at between 10 per cent and 11…

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