The Leading Newspaper for Co-operative Movement in Kenya
Sheria DT Sacco is strengthening its capacity to offer Shariah-compliant financial solutions following an Islamic finance training workshop for its staff. The capacity-building programme, facilitated by BTI College, focused on equipping employees with knowledge of Islamic finance principles and their application in delivering financial products tailored to members with diverse needs. READ: KETSA to host…
Coffee sales rise to Ksh 896.5 million at the weekly auction. Gakuyu factory records the highest price for Grade AA coffee. Strong buyer demand prompts calls for increased farmer production. The coffee market netted Ksh 896,557,424.23 after the sale of 15,906 bags at the Nairobi Coffee Exchange (NCE), up from Ksh 839 million the previous…
Meta will start charging Kenyan businesses for WhatsApp service messages. Businesses using the platform could pay about Ksh 0.52 per message. The new fees take effect from October 1, 2026. Kenyan businesses using the WhatsApp Business Platform will face a new cost from October 1, 2026, when Meta begins charging for service messages sent to…
KRA explains why the consolidated cargo minimum yield was raised. Traders can opt for individual customs assessment based on actual goods. New Ksh 3.2 million threshold took effect on August 21. Kenya Revenue Authority (KRA) has moved to clarify concerns raised by small-scale traders over changes to the minimum yield applied to consolidated cargo, following…
Smallholder tea factories earned Ksh 906.8 million at the Mombasa auction. Githongo Tea Factory topped prices at Ksh 670.8 per kg. East of Rift teas outperformed West of Rift offerings. Smallholder tea factories earned Ksh 906,842,793.90 last week after auctioning 2,537,830 kg of made tea through the Mombasa Tea Auction. Githongo Tea Factory in Meru…
Millers face penalties for delayed farmer payments. Weighbridge fraud crackdown targets cane losses. Sugar production rises as Kenya battles imports. Sugarcane farmers will be protected from miller exploitation as the government cracks the whip on delayed payments and weighbridge tonnage fraud. The Kenya Sugar Board (KSB) has ordered that sugar millers must pay farmers within…
Friday’s vote could determine how Saccos absorb billions lost in the KUSCCO crisis. Affected Saccos have already been forced to recognise losses and set aside provisions. Pressure is mounting for accountability as members seek answers over how the funds disappeared. Kenyan Saccos head into Friday’s KUSCCo special general meeting still counting the cost of a…
Saccos await legal reforms that could unlock shared liquidity and cheque clearing access. Delays in the Cooperatives Bill are slowing efforts to strengthen governance and competition. Industry leaders say a unified payments and lending platform could boost deposits, loans and membership. Saccos offering Front Office Service Activity (FOSA) are losing ground to rival lenders. Parliament…
Mitumba remains a lifeline for affordable fashion and millions of livelihoods in Kenya. Rebuilding local textile manufacturing requires tackling high costs, weak supply chains and limited financing. Experts favour coexistence rather than a ban, with Kenyan products competing through quality, price and design. Walk into almost any Kenyan home, and you will likely find at…
Taita Taveta banana farmers are set to benefit from a Sh8.6 million value chain grant. TATABA will invest in transport, storage and equipment to improve banana handling and market access. The cooperative will also shift its ripening facility to solar power to cut operating costs. Banana farmers under the Taita Taveta Banana Farmers’ Cooperative Society…
