The Leading Newspaper for Co-operative Movement in Kenya
KRA will intensify enforcement against Affordable Housing Levy defaulters, including freezing bank accounts and deactivating tax PINs. Defaulters face a 3 per cent monthly penalty on unpaid levy amounts. KRA is deploying 1,406 revenue service assistants to boost compliance, especially among informal businesses. Kenyans who fail to remit the Affordable Housing Levy risk having their…
Tea and coffee auctions earned farmers Ksh2 billion, up from Ksh1.816 billion. Tea sales earned Ksh890.4 million, while coffee fetched Ksh1.168 billion. Improved tea prices attracted strong buyer interest. Two agriculture markets generated Ksh 2 billion at the weekly auctions that attracted local and international buyers, compared to Ksh 1.816 billion of the previous week,…
PCPB warns agrovets against selling illegal, counterfeit or unregistered pesticides. 51 cases are under investigation, with four convictions recorded last financial year. Illegal pesticides pose risks to people, livestock, wildlife and the environment. Agrovet operators found selling unregistered, counterfeit or prohibited pesticides risk arrest and prosecution, the Pest Control Products Board (PCPB) has warned. The…
High Court suspends Treasury approval requirement for banks seeking to raise loan interest rates. Order follows a legal challenge by the Kenya Bankers Association over Section 44 of the Banking Act. Borrowers are not automatically facing higher rates, but customers with variable rate loans should monitor lender communications. Thousands of Kenyan borrowers face fresh uncertainty…
Saccos are turning to young people to address an ageing membership base, with youth demanding faster, mobile driven financial services. Officials are urging Saccos to offer youth friendly products, digital services, financial education and clear pathways into leadership. Experts say mentorship, transparency and support for youth enterprises are key to making young people feel included…
MSME Alliance has opposed KRA’s proposed increase in the consolidated cargo customs benchmark from Ksh2.5 million to Ksh3.2 million. The alliance says the 28 per cent increase would raise import costs, squeeze working capital and threaten the survival of small businesses. It wants KRA to retain the Ksh2.5 million benchmark and consult traders before making…
450 youth and women to receive skills training and livelihood support across five counties. Training will focus on local opportunities including ICT, tourism, aquaculture, beekeeping and handicrafts. Government will link beneficiaries to financing, mentorship, markets and enterprise support. The government has launched a skills development and livelihood programme targeting 450 vulnerable youth and women in…
Njeru dismisses Ksh322.5m payment claims as divisive allegations. DCI probe underway over the disputed fertiliser payment. KTDA expects farmers’ fertiliser consignment early next month KTDA Chairman Enos Njeru has urged tea farmers and directors to stay united and ignore allegations circulating on social media platforms this week. Njeru spoke on Friday during the closure of…
Chebut Tea Factory in Nandi has received a Ksh79.1 million government grant for modernisation. The funding will upgrade machinery, improve processing efficiency and enhance tea quality and value addition. Mutahi Kagwe urged farmers to maintain quality plucking standards and support efforts to develop specialty teas and new markets. Tea farmers in Nandi County have reason…
KALRO Coffee Research Institute has graduated farmers trained in modern coffee farm management practices. The training covered farm establishment, crop management, good farming practices and harvesting. KALRO says continued training will help farmers improve productivity and support the revival of Kenya’s coffee sector A new cohort of farmers has completed coffee farm management training at…
