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President William Ruto on Saturday presided over Kenya’s 2026 World Micro, Small and Medium Enterprises (MSME) Day celebrations at the Kenyatta International Convention Centre (KICC) in Nairobi, where he officially launched the Revised MSME Policy 2026 aimed at transforming the sector into a globally competitive engine of inclusive growth. The revised policy seeks to create…
President William Ruto has urged a fresh approach to financing micro, small and medium enterprises (MSMEs), stressing that lack of affordable credit continues to be the greatest challenge facing the sector. Speaking during the 2026 World MSME Day celebrations at the Kenyatta International Convention Centre (KICC), Ruto acknowledged government efforts to support entrepreneurs but insisted…
President William Ruto has revealed that the government’s Hustler Fund has disbursed nearly Ksh90 billion to more than 27 million Kenyans, while enabling over two million borrowers previously blacklisted by Credit Reference Bureaus (CRB) to rebuild their creditworthiness and rejoin the formal financial system. Speaking on Saturday, June 27, 2026, during World MSME Day, Ruto…
Treasury Cabinet Secretary John Mbadi has reiterated the government’s commitment to empowering women-led small and medium enterprises (SMEs), emphasizing their critical role in driving poverty reduction and economic growth. Speaking during a women empowerment forum at Ndiru Primary School in Homa Bay Town Constituency on Friday, June 26, 2026, Mbadi underscored the importance of women…
President William Ruto has called on commercial banks to expand credit access for micro, small, and medium enterprises (MSMEs), warning that limited financing continues to stifle growth in one of Kenya’s most vital economic sectors. Speaking at the World MSME Day celebrations held at the Kenyatta International Convention Centre (KICC) in Nairobi, the President emphasized…
Savings and Credit Cooperative Organizations (SACCOs), banks, and other financial institutions will no longer pay Value Added Tax (VAT) on the sale or disposal of repossessed collateral, following amendments introduced in the Finance Act 2026, which was signed into law by President William Ruto on June 23, 2026. This amendment marks a significant shift in…
Sugarcane farmers from the Nyanza region have called on President William Ruto to intervene decisively in the sugar industry, accusing entrenched cartels of undermining reforms and exploiting growers. The farmers, through the Kenya Sugarcane Growers Association, warned that recent gains in the sector risk being eroded unless the government cracks down on vested interests. Speaking…
Nicco Movers Sacco will resume operations following an order from the Transport Licensing Appeals Board (TLAB) after being suspended by the National Transport and Safety Authority (NTSA) over the alleged death of a Kenya Medical Training College (KMTC) student. Eugine Mutuku was allegedly thrown out of a moving vehicle, registered under NICCO Sacco, without consideration,…
Parliament has summoned Lands and Housing Cabinet Secretary Alice Wahome to a Speaker’s Kamukunji session scheduled for Thursday, July 2, to respond to concerns over stalled projects across the country, including the Affordable Housing Programme, one of the Kenya Kwanza administration’s flagship initiatives. National Assembly Speaker Moses Wetang’ula issued the directive on Thursday, June 25,…
Meru County has officially rolled out the implementation of the Miraa Promotion Act, 2026, a landmark law designed to regulate one of the region’s most lucrative cash crops. The legislation, developed in partnership with stakeholders across the miraa value chain, is now operational countywide and seeks to streamline trade, protect farmers from exploitation, and ensure…
