Farmers shift to family and digital lenders as bank, SACCO credit drops despite CBK easing

Kenyan farmers are increasingly ditching banks and SACCOs in favour of borrowing from family, friends and digital lending platforms, even as conventional borrowing costs fall. The latest Agriculture Sector Survey by the Central Bank of Kenya (CBK) shows a clear pivot toward informal and tech‑enabled credit, underscoring changing preferences and risk dynamics in agricultural financing….

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CS for Co-operatives and MSMEs Development, Wycliffe Oparanya and KETSA, Chairman, Robert Njue-Photo|Courtesy

State reaffirms commitment to strengthening teachers’ SACCOs

The government has reaffirmed its commitment to strengthening teachers’ SACCOs as part of wider efforts to build a stable, transparent and well-regulated cooperative sector that safeguards members’ savings and supports inclusive economic growth. Cabinet Secretary for Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development, Wycliffe Oparanya, gave the assurance during a high-level meeting with…

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MSEA Board Chairman, Mr. James Mureu

Migori Calls on MSMEs to apply for KJET value addition funding before year-end deadline

The Migori County Department of Agriculture, Livestock and Fisheries Development has issued an urgent call for applications from Micro, Small and Medium Enterprise (MSME) clusters seeking co-investment support under the Kenya Jobs and Economic Transformation (KJET) Project. With less than 2 weeks left before the December 31 deadline, the department is urging cooperatives, associations, self-help…

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The Insurance Regulatory Authority (IRA) stakeholders during thr Bima Mashinani outreach programme in Trans Nzoia County-Photo|Courtesy

IRA holds insurance sensitization drive in Trans Nzoia County under Bima Mashinani Programme

The Insurance Regulatory Authority (IRA) has intensified its nationwide sensitization campaign, taking its Bima Mashinani programme to Trans Nzoia County in an effort to strengthen public understanding of insurance and address persistent challenges in the sector. The outreach, which brought together key stakeholders at the Kitale National Polytechnic, was led by IRA board director Immaculate…

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Police DT SACCO CEO Solomon Atsiaya honoured with Presidential MBS Award

Kenya National Police DT SACCO Chief Executive Officer, Solomon Angutsa Atsiaya, has been conferred the prestigious Moran of the Order of the Burning Spear (MBS) by President William Ruto for his outstanding leadership and service to the cooperative movement. The national honour recognizes Atsiaya’s transformative role in strengthening SACCO governance, expanding financial inclusion, and advancing…

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Cooperatives and MSMEs CS, Wycliffe Oparanya with members of the National Steering Committee on Coffee Revitalization recently. Photo|Courtesy.

Government sets fresh momentum for coffee reforms as national steering committee concludes Machakos retreat

The government has renewed its push to revive Kenya’s coffee sector following a high‑level National Steering Committee Retreat held at the SEO Hotel in Machakos. The meeting brought together members of the Coffee Revival Steering Committee and key industry stakeholders for intensive, solution‑driven discussions. The retreat was opened by Patrick Kilemi, Principal Secretary in the…

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Kenyan Sacco mergers: a high-stakes gamble or strategic imperative?

In September 2025, the Kenyan government dropped a regulatory bombshell on the cooperative sector: small Savings and Credit Cooperatives (Saccos) with assets under Sh100 million must merge with larger entities or face dissolution. This directive, ostensibly aimed at bolstering financial stability and operational resilience in a sector plagued by inefficiencies and vulnerabilities, has ignited a…

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Equity Bank launches enhanced digital platform to streamline business payments

Equity Bank has launched an upgraded digital banking platform for enterprises, marking a significant step in the sector’s shift toward faster, technology-driven financial services as Kenya’s economy becomes increasingly digital. The platform, Equity Online for Business, replaces the former EazzyBiz system and is designed to improve how businesses manage payments, cash flow and account administration….

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Muka Mukuu Farmers Cooperative Society Chairman Mr. Dominic Nthwao addressing members during the Society's AGM on December 16,2025.Photo/Stephen Muthini.

Muka Mukuu Society in talks to turn historic Macmillan Castle into tourist site

Muka Mukuu Farmers’ Cooperative Society has entered into negotiations with the National Museums of Kenya to transform the historic Macmillan Castle in Matungulu Sub‑county into a tourist attraction that could generate revenue for its members. Speaking during the society’s Annual General Meeting, Chairman Dominic Nthwao said the discussions are progressing well but urged members to…

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