KUSCCO Centre

Where did KUSCCO’s Sh17bn go? Saccos face gap

Saccos face potential losses as KUSCCO’s liabilities far exceed recoverable assets. Millions held by individual Saccos could be at risk as liquidation begins. The recovery process will determine how much money creditors get back. Savings and Credit Co-operative Society (SACCO) members could feel the financial fallout from KUSCCO’s collapse after the organisation was placed under…

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Machakos Governor Wavinya Ndeti talks to County Assembly Clerk Mr. Peter Mbatha(in red-stripped tie) at the Assembly premises on August 31,2027./ Courtesy

Wavinya returns Machakos Finance Bill amid budget stalemate

Wavinya has returned Machakos’ 2026/27 Budget to the Assembly. The move follows a tense dispute over receiving the documents. She says Ksh853.96 million was wrongly shifted from key programmes. Machakos Governor Wavinya Ndeti returned the county’s 2026/2027 Budget to the County Assembly on Monday, after a dispute over the Assembly clerk’s refusal to receive the…

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KUSCCO Centre

KUSCCO officially liquidated through Gazette Notice

KUSCCO has officially been placed under liquidation. The union faces a Ksh11.6 billion financial deficit. Three officials will oversee the liquidation. KUSCCO has been placed under liquidation via Gazette Notice No. 13997, after members resolved to dissolve the union amid a Ksh 11.6 billion deficit. The Kenya Union of Savings and Credit Co-operative Societies (KUSCCO)…

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Construction works in progress./ KNA

Mwala ESP market 60pc complete, set for September

Mwala’s Ksh76.2 million market is 60 per cent complete. The facility is expected to open by late September for 1,600 traders. Cold rooms and an ICT hub will support small businesses. Small-scale traders in Mwala, Machakos County, are set to benefit from improved trading facilities following progress on the construction of the Ksh76.2 million Mwala…

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Fresh avocado ready for export./ Courtesy

Kenya’s fresh produce exports at risk from JKIA strike

Fresh produce exporters warn the JKIA go slow could spoil shipments and cost farmers. Delays threaten Kenya’s reputation among international buyers. Industry leaders are urging a swift resolution to protect export markets. Kenya’s fresh produce sector has raised the alarm over the ongoing aviation workers’ go-slow at Jomo Kenyatta International Airport (JKIA), warning that the…

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Kilifi Deputy Governor Florence Chibule (left) with Polish Investment and Trade Agency Nairobi Bureau representative during a meeting to explore investment opportunities in Kilifi County./ Courtesy

Kilifi taps Polish investors to boost dairy co-ops, MSMEs

Kilifi is seeking Polish investment across key sectors of its economy. Talks explored opportunities in agriculture, solar energy and the blue economy. Partnerships could boost MSMEs, youth skills and employment opportunities. Kilifi County is seeking to deepen investment partnerships with Polish businesses as it explores opportunities to expand key sectors of the local economy and…

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More than 8,000 Eastern Produce Kenya (EPK) staff members are set to enjoy a 14% wage increase following the signing of an updated Collective Bargaining Agreement (CBA) with the Kenya Plantation and Agricultural Workers Union (KPAWU)/ EPK

EPK workers get 14pc pay rise under CBA

More than 8,000 EPK workers will receive a phased 14 per cent pay rise. The first increase has been backdated to January 2026. The deal comes as tea producers face rising production costs and market pressure. Eastern Produce Kenya (EPK) has agreed to raise wages for more than 8,000 employees by a combined 14 per…

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Kenyans receiving services at the Kenya Revenue Authority headquarters. PHOTO/KRA

KRA links eTIMS with IFMIS for government supplier invoices

Government suppliers must now meet eTIMS requirements before seeking payment. KRA will electronically validate supplier invoices submitted through IFMIS. The integration aims to improve tax compliance and transparency in government payments. Government suppliers in Kenya will now have to ensure their invoices meet Kenya Revenue Authority (KRA) eTIMS requirements before they can be submitted for…

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