SASRA Chief Executive Officer David Sandagi speaks during a past event.- PHOTO| Courtesy

Sacco sector assets hit Ksh1.278 T by August 2026

Regulated Saccos continued to expand their financial footprint in 2026 Members borrowed billions for housing, education and agricultural activities Digital services are widening access as Saccos face challenges over unremitted deductions Kenya’s regulated Saccos grew total assets to Ksh1.278 trillion by August 31, 2026, underscoring their growing role in financial inclusion. The regulated Sacco sector…

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Nairobi International Trade Fair opens with climate smart farming focus

More than 500 exhibitors are showcasing products, technology and services Climate smart farming and export opportunities are taking centre stage at the fair Jamhuri Park is undergoing upgrades as organisers prepare for growing trade activity The Nairobi International Trade Fair has opened at Jamhuri Park today with over 500 exhibitors, a climate smart theme and…

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Mumias Sugar Factory

Mumias Sugar shareholder challenges CMA over suspension

Mumias Sugar shareholder asks CAJ to review CMA’s response on the trading suspension Hanningtone says the regulator did not adequately address 33 information requests The petition seeks disclosure of records on resuming trading and shareholders’ rights A Mumias Sugar Company shareholder has asked the Commission on Administrative Justice (CAJ) to review a regulator’s refusal to…

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Central Bank of Kenya Deputy Governor Gerald Nyaoma (front) speaks during the 15th Annual Banking Research Conference organised by the Kenya Bankers Association in Nairobi. PHOTO| KBA

Banks urged to prioritise impact over loan volume in MSME lending

Banks are urged to measure MSME lending by its impact on jobs, businesses and livelihoods Fresh MSME lending reaches Ksh246 billion as banks target Ksh500 billion by year-end Lenders call for stronger data, smarter guarantees and more green financing for agriculture Commercial banks have been challenged to shift focus from the size of the loans…

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Co-operatives and Micro, Small and Medium Enterprises Cabinet Secretary Wycliffe Oparanya speaks during the launch of the MSMEs Countrywide Sensitisation Drive at Mbale Municipal Grounds in Vihiga County. PHOTO| courtesy

Oparanya launches MSMEs sensitisation drive in Vihiga

Oparanya launches a nationwide drive to connect entrepreneurs with Government support services Uwezo Fund disburses Ksh4.55 million to 40 groups in Vihiga and Hamisi The initiative will expand access to financing, training and markets across counties Cooperatives and Micro, Small and Medium Enterprises (MSMEs) Cabinet Secretary Wycliffe Oparanya on Friday, September 25, 2026, launched the…

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Hides and skins traders pose for a photo outside the Turkana County Assembly. PHOTO| courtesy

Turkana traders push for review of hides and skins levies

Hides and skins traders in Turkana are seeking changes to levies affecting their businesses Traders want charges and permits reviewed to make the sector more viable County officials are considering reforms to support the livestock value chain and improve revenue collection Traders in Turkana’s hides and skins sector have petitioned the County Assembly to review…

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A section of the distressed Mamboleo residential building that collapsed in Kisumu County, prompting authorities to order a controlled demolition of the structure. PHOTO| courtesy

Kisumu orders demolition of unsafe Mamboleo building

A distressed building in Mamboleo is set for controlled demolition after safety concerns Authorities have put measures in place to protect residents and neighbouring properties Engineers will examine parts of the structure after demolition to establish what went wrong Authorities in Kisumu County have cleared the way for the controlled demolition of a distressed residential…

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President Ruto launching the Affordable housing in Mukuru
President Ruto launching the Affordable housing in Mukuru./ Courtesy

Court of Appeal gives green light to housing levy

A major legal hurdle facing the government’s housing programme has been cleared Questions over how the housing programme is funded have been settled by the court The ruling also addresses concerns surrounding land set aside for housing projects The Court of Appeal has dismissed a raft of legal challenges against the Affordable Housing Act, 2024,…

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