Cooperatives and MSMEs CS Wycliffe Oparanya before Members of the Committee on Trade, Industry and Cooperatives. Photo Courtesy

State seeks Ksh300M to pursue recovery of defaulted loans under Hustler Fund

The State Department for Micro, Small and Medium Enterprises is seeking Ksh 300 million in a supplementary budget to pursue recovery of defaulted loans under the Hustler Fund, with Ksh12.5 billion still unpaid by borrowers. According to the department, the funds will primarily be used for awareness and sensitization campaigns aimed at encouraging defaulters to…

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Centre: Kisumu County Education Chief Officer Bovince Ochieng with the Keystone DT Sacco officials. Photo by Fredrick Odiero

Kisumu County pledges support for Keystone DT SACCO to enhance growth

The County Government of Kisumu has pledged support for Keystone Deposit-Taking Savings and Credit Co-operative (DT SACCO) in order to ensure its sustained growth. This was said by the County chief officer in charge of education, Bovince Ochieng, who lauded the SACCO for its steady growth over the years. Ochieng who spoke during the society’s…

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CS Kagwe
Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe speaking durig the 3rd Climate Change Global Business Summit on Africa in Nairobi/ Photo Courtesy

Kagwe calls on developed nations to finance Africa’s climate-smart agriculture to cure global food security

Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe has called on the developed nations and global investors to urgently finance climate-smart agriculture in Africa, warning that inaction could destabilize global food systems. Speaking at the 3rd Climate Change Global Business Summit on Africa in Nairobi, CS Kagwe said climate change is no longer a future…

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IG Sacco
IG Sacco office in Kakamega/File Image

IG SACCO cracks down on loan defaulters as members seek relief

Kakamega based Invest & Grow (IG) Sacco’s intensified loan recovery measures are starting to bite, with some members feeling the heat as the cooperative pushes for timely repayments. In a statement released recently, the Sacco said its proactive loan processing and recovery strategy is yielding results, signaling a tougher stance on members who default. The…

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Agriculture PS Dr Kiprono Rono speaking at Olenguruone Tea Factory during the issuing of a corporation certificate to the factory. Photo Courtesy

Govt injects Ksh3.5Million to refurbish tea factories, boost farmer earnings

The government has injected Kh3.5 billion to refurbish tea factories to meet international standards and also enable them to do value addition on tea for better prices at the tea auction center in Mombasa. Speaking at Olenguruone Tea Factory during the issuing of a corporation certificate to the factory to enable it operate autonomously as a…

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President William Ruto of Kenya and his Ugandan counterpart Yoweri Museveni during the Kisumu-Malaba SGR launch. Photo Courtesy

President Ruto, Ugandan Yoweri Museveni launch Kisumu-Malaba SGR construction to boost border-trade

President William Ruto and his Ugandan counterpart Yoweri Museveni on Saturday commissioned the construction of the Kisumu–Malaba Standard Gauge Railway (SGR) line in Kisumu. The historic event marks a significant step toward strengthening regional transport and trade connectivity. Speaking during the event, President Ruto said the Kenya-Uganda Railway, a colonial infrastructure traversing Kenya from the…

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Market Day Traders SACCO Chairman Francis Oduor addressing the delegates after being re-elected. Photo by Fredrick Odiero

Market Day Traders SACCO entire committee officials voted back into office

The entire Executive Committee members of the Market Day Traders Savings and Credit Co-operative Organization (SACCO) have been voted back into office. The office bearers led by the SACCO chairman Francis Oduor were re-elected unopposed during their 3rd Annual General Meeting in Nyilima, Rarieda, Siaya County. Others also elected unopposed include; Peter Otieno as secretary,…

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An employee working on a task/ Photo Courtesy

How to spot a high potential employee in the first 30 days

The first thirty days in any new role are often misunderstood. Many leaders assume this period is too early to judge an employee’s value, preferring to wait for measurable results over several months. Yet, the truth is far more compelling: the first month does not reveal performance, but it reveals something far more powerful—potential. And…

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KUSCCO Centre
KUSCCO Centre. File Photo

Key recommendations to restore trust in KUSCCO

The Committee of Experts reviewing Kenya’s SACCO legal and regulatory framework has called for immediate reforms at the Kenya Union of Savings and Credit Co-operatives Ltd (KUSCCO) to restore public confidence following a massive fraud scandal. The scandal, which saw over Ksh13.3 billion misappropriated from member SACCOs, involved illegal withdrawals, unauthorized transfers, and unsupported executive…

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Kemuma engineering Systems CEO Jecinta Kemuma addressing the press/Photo by John Kamau

Rising Middle-East tensions pile pressure on Kenyan women-led businesses

Kenyan women entrepreneurs are grappling with mounting economic pressure linked to the ongoing Israel–Iran conflict, with industry players warning that escalating production costs could soon be passed on to consumers. Businesses that depend on imports of raw materials and finished goods from the Middle East and other affected regions are bearing the brunt, as shipping,…

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