New Dawn in Lending: Why Kenyans must pay attention to CBK’s revised Risk-Based Credit Pricing Model

When the Central Bank of Kenya (CBK) issues a directive, the financial sector listens. And this week, a critical shift landed squarely on the desks—and mobile phones—of millions of Kenyan borrowers after KCB Bank publicly announced its transition to the Revised Risk-Based Credit Pricing Model (RBCPM), a framework crafted and mandated by the CBK. The…

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Tea farmers/Photo File

Parliamentary inquiry into tea pricing, farmer bonuses reveals farmers’ divisions in Rift Valley

A parliamentary inquiry into tea pricing and farmer bonuses has exposed deep divisions between East and West Rift Valley producers, with western growers demanding fair representation and a review of the grading system. Farmers raised key concerns like the perceived bias in factory classifications, the dominance of multinationals in the West Rift and the unequal…

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KUSCCO Centre
KUSCCO offices/File Photo

Govt directs investigations into KUSCCO housing projects over alleged corruption

The government has launched a formal inquiry into KUSCCO Housing Co-operative Society Limited following member complaints alleging that the society was used to siphon savings from affiliated SACCOs. In a Gazette notice dated October 28, 2025 (No. 17555), the government directs investigators to scrutinise the society’s by-laws, financial records, and the conduct of both current…

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Kisumu Governor Prof Anyang' Nyong'o during the Fourth Kenya Public-Private sector "MSMEs Dialogue/Photo Courtesy

Kisumu Governor hails MSMEs as engine of economic growth, jobs haven

Kisumu Governor Anyang’ Nyong’o has hailed the Micro Small and Medium Enterprises (MSMEs) as not only economic actors but the heartbeat of communities, enterprises that create jobs for youth. Speaking during the Fourth Kenya Public-Private sector “MSMEs Dialogue” in Kisumu, Nyong’o added that the said enterprises create jobs for youths, sparks innovation, support families and…

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Governor Prof. Anyang' Nyong'o during the Rice mill launch in Ahero/Photo by Fredrick Odiero

Governor Nyong’o commissions Rice mill in Ahero

The Kisumu Governor Prof. Anyang’ Nyong’o has commissioned a 2.5 metric tonnes per hour Multi Stage County Rice Mill in Ahero Nyando Sub-County. Speaking during the event, the governor said that the launch signifies a milestone that represents not only investment in infrastructure but a bold and strategic investment in farmers, economy and the County’s…

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Prime Cabinet Secretary Musalia Mudavadi and cooperative CS Wycliffe Oparanya check coffee brands during Ushirika Day.Photo Obegi Malack.

Coffee cooperatives reject Government’s direct pay to farmers

The National Coffee Cooperative Union (NACCU) has rejected a government directive seeking to implement a direct-to-farmer payment model under the Direct Settlement System (DSS), arguing that the policy threatens to dismantle long-standing cooperative structures that manage coffee earnings at pulping-station level. NACCU Chairman Felix Mureithi Mwai said the directive issued on November 2024 by Cabinet…

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Agriculture and Livestock Development CS Mutahi Kagwe speaking during the Intergovernmental Agriculture Forum in Naivasha/Photo Courtesy

Kagwe urges lenders, donors to reduce lending rates to 3% for farmers to benefit

The Agriculture and Livestock Development Cabinet Secretary (CS) Mutahi Kagwe has issued a bold call to lenders and development partners to radically reform agricultural financing models, saying farmers will never achieve meaningful growth unless credit becomes affordable and donor funding is restructured to deliver direct impact at the farm level. Speaking during the Intergovernmental Agriculture…

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FAO Assistant Country Rep. Hamisi Williams handing over KIAMIS to Agriculture CS Mutahi Kagwe, Livestock PS Jonathan Mueke and KADIC Director Betty Cheroigin and Juma Salim/ Photo Courtesy

Over 7 million farmers to benefit as Gov’t acquires digital agriculture system

Over 7 million farmers are set to benefit from a pivotal digital transformation in the agriculture sector after the Food and Agriculture Organization (FAO) and development partners handed over the Kenya Integrated Agriculture Management Information System (KIAMIS) to the Ministry of Agriculture. The handover witnessed during the ongoing Intergovernmental Forum on Agriculture in Naivasha was…

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Kajiado Governor Joseph ole Lenku ( l) and other county officials during senate meeting. Photo Courtesy

Senate probes Jamii Bora Housing Project as Governor Lenku insists developer must pay land rates

The Senate Committee on Roads, Housing and Transportation has opened a new inquiry into the troubled Jamii Bora Housing Project in Kisaju, Kajiado County, amid long-running disputes over land ownership, payment of rates, and approval of housing units. The committee, chaired by Migori Senator Eddy Oketch, met county officials, project developers, bank representatives, and petitioners…

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Agriculture Committee, chaired John Mutunga (Tigania West), during the Committee session/Photo Courtesy

Lawmakers intensify probe on tea pricing in Kenya as KTGA, KTDA appear before agriculture committee

Members of Parliament, (MPs) have intensified investigation on the contentious tea pricing in the country, putting Kenya Tea Growers Association (KTGA) and Kenya Tea Development Agency (KTDA) on the hot seat to come clean on the woos surrounding the sector. Appearing before the Agriculture and Livestock Committee for inquiry, KTGA CEO, Lindah Oluoch while answering…

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