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Airtel ventures into home internet to grow customer base

Sacco ReviewJune 15, 202404 mins

Airtel is poised to compete with existing players in Kenya’s home internet market, which has long been dominated by Safaricom. Their new broadband services specifically cater to users in residential and business settings. Named the ‘Unlimited Home Broadband’ service, this product is poised to compete with major operators, including Jamii Telecommunications Limited and Zuku, which…

Ruto announces KSh300 million debt write-off for Bungoma coffee farmers

Sacco ReviewJune 1, 2024June 1, 202402 mins

Coffee farmers in Bungoma County are set to get a Sh300 million waiver in debt from government as part of the broader scheme to revamp the crop’s farming in the country. President William Ruto announced during Madaraka Day Celebrations, Masinde Muliro Stadium Kanduyi, Bungoma County held today The President added that the debt write-off plan…

Government plans to roll out new Co-operatives Act on Ushirika Day

Sacco ReviewMay 31, 2024May 31, 202403 mins

Cooperatives and Micro and Small Enterprise said development Cabinet Secretary Simon Chelugui government plans to roll out a new Co-operatives Act during this year’s Ushirika Day celebrations. Chelugui said Cooperatives Bill No. 7 of 2024 overcame last challenge following an agreement between the Ministry and the Council of Governors on contentious and emerging issues. Chelugui…

Waumini Sacoo advertises vacancy for Credit Manager

Sacco ReviewMay 31, 202403 mins

Waumini Sacco is currently seeking to fill the position of Credit Manager. The credit manager will report to Chief Executive Officer and will be responsible for the growth of the Society’s loan portfolio while ensuring quality and health loan book is maintained. The successful candidate will oversee the expansion of the Society’s loan portfolio, while…

Car & General set to build KSh800 million mall in Shanzu

Sacco ReviewMay 29, 202405 mins

Car and General, a Nairobi Securities Exchange-listed firm is deepening its foray into the property business with a KSh800 million mall project in Shanzu, Mombasa County. The firm intends to build the mall on four acres, with the construction set to begin next year to be completed by 2026. “We are looking to commence a…

Meru traders laud President Ruto, CS Linturi for dismissing muguka ban

Sacco ReviewMay 29, 202405 mins

Meru miraa traders and residents have lauded President William Ruto and Agriculture Cabinet Secretary Mithika Linturi for dismissing and terming muguka ban in Mombasa, Kilifi and Taita Taveta counties as “null and void”. John Ratanya, a miraa trader in Makandara, Meru town, criticised the initial bans, highlighting their detrimental impact on the local economy. “It…

Boost for coffee farmers as Kenya signs MoU with US on collaboration

Sacco ReviewMay 29, 2024May 29, 202406 mins

The Kenyan government and the United States have signed Memorandum of Understanding (MoU) on cooperation and collaboration on the coffee value chain and other identified areas of mutual interest. The MoU between the Ministry of Co-operatives and MSMEs Development (Kenya) and National Co-operative Business Association NCBA-CLUSA (US) were signed during the US Kenya Business Forum…

We’ve trained 300, 000 youth on digital jobs, Owalo says

Sacco ReviewMay 29, 202405 mins

Cabinet Secretary of ICT Eliud Owalo has revealed that over 300,000 youths have been trained, and more than 1,000 digital jobs created since the start of digitalization programme year ago. Owalo remains optimistic that within the next two years, two million digital jobs will be generated. He further stated that ICT offers abundant job opportunities…

Citibank NA named top overall best bank award in Kenya 2024

Sacco ReviewMay 28, 202403 mins

Citibank NA has scooped the best bank in the country at the Think Business Banking Awards 2024 with Standard Chartered and Equity came in at position two and three. Citibank also was named the best inb corporate banking, internet banking and product innovation categories. I&M Group PLC was recognized as the best customer-centric bank, and…

Westlands ranked the most preferred commercial business area

Sacco ReviewMay 28, 2024May 28, 202403 mins

In 2023, Westlands attracted more office and real estate investors compared to other regions in the Nairobi Metropolitan Area (NMA) thus raising its rental yields. This was largely contributed by attractive business atmosphere and good road network. The average rental yields were 8.5 per cent which is 0.8 per cent higher than the average market…