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Kenya SBM Bank Limited CEO Bhartesh Shah has reported a profit before tax of Ksh412 million for the nine months ending September 30, 2025, marking a significant turnaround from a Ksh1.3 billion loss in the same period last year. The bank’s total assets rose to Ksh104 billion from Ksh97.5 billion a year earlier, while customer…
Kenya’s agricultural sector is poised for a major breakthrough in accessing the United States market following a successful visit to Nairobi by the U.S. Africa Trade Desk (USATD) delegation. The team was formally received by the Cabinet Secretary for Agriculture and Livestock Development, Mutahi Kagwe, marking a key milestone in efforts to boost Kenya’s export…
The Lake Basin Development Authority (LBDA) is banking on mechanisation, farmer training and a new bonus model to raise local rice production across Lake region. According to the authority, the initiative also aims to shield farmers from middlemen who have for years exploited growers. Speaking recently Managing Director CPA Wycliffe Ochiaga said the authority is…
More than 80 farmer groups in Homa Bay County have received improved Kienyeji chicks from the national government in a bid to boost poultry production, food security and household incomes. Speaking on Wednesday after the handing over of the chicks to the beneficiary groups, Josephat Simolo, from the State Department for Livestock said the support…
President William Ruto has reaffirmed Kenya’s commitment to strengthening micro, small and medium enterprises (MSMEs) as a key driver of economic transformation and regional integration. Speaking on Tuesday during the official opening of the 25th East African Community (EAC) MSME Trade Fair at Uhuru Gardens, Nairobi, President Ruto said the MSME sector remains the “engine…
Cooperatives and Micro, Small and Medium Enterprises (MSMEs) Development Cabinet Secretary (CS) Wycliffe Oparanya has urged counties in the Lake Region Economic Bloc (LREB) to strengthen cooperative structures and embrace digital systems to tap the resources available for development. He also called on them to jointly pursue financial reforms to unlock regional economic potential ahead…
The State department for livestock development and the Kenya National Chamber of Commerce and Industry, (KNCCI) have come together to boost Kenya’s dairy and beef exports. Speaking during the delegation led by KNCCI President Dr. Erick Rutto, CS Mutahi Kagwe said that KNCCI is a key partner in linking Kenyan producers to global markets and…
Avocado farmers in Kisii County are set to benefit from a partnership between Control Union Kenya and Riaima Empowerment Centre for Sustainable Agriculture (RECSA). The move is aimed at equipping smallholder farmers with skills, certification, and direct market access under the “Control Union Mashinani” programme. Speaking during a farmer engagement at Borabu Bomachoge, Control Union…
Kenya has imposes temporal halt on the harvesting and trade of domestically produced macadamia nuts from December 1, 2025, to February 15, 2026, the Agriculture and Food Authority (AFA) has announced. The move aims to allow the crop to reach full maturity and maintain Kenya’s reputation for high-quality macadamia nuts in both local and international…
Rice farmers in Mwea, Kirinyaga County are calling upon the government to protect them from incurring huge losses as the duty free imported rice flood the market. Mwea Rice Growers Chairman Ndege Muriuki talking recently warned that the policy could have devastating effects on farmers as the main harvest season begins. “We expect to harvest…
