The Leading Newspaper for Co-operative Movement in Kenya
The Meru County Government has approved its budget for the 2025/2026 financial year. Governor Isaac Mutuma assented to the Sh14.6 billion budget at his office on Monday. Mutuma noted that the health sector received the lion’s share, with Sh1.9 billion allocated for development and procurement of medical supplies. Roads were allocated Sh1.6 billion, water and irrigation…
The National Treasury and Economic Planning Cabinet Secretary (CS), John Mbadi has said the National Treasury has set aside Sh120.2 billion to the housing and settlement sector in the 2025/26 financial year. Mbadi said the move is aimed at bridging the widening gap in home ownership, particularly in urban areas. Speaking during the 4th Kenya…
President William Ruto has strongly defended the Hustler Fund against mounting criticism over its repayment performance, asserting that the initiative has transformed access to credit for millions of Kenyans. Speaking at the Presidential Private Sector Roundtable in Nairobi Wednesday, Ruto dismissed claims from opposition leaders and experts that the fund is plagued by high default…
Lands, Housing and Urban Development Cabinet Secretary (CS) Alice Wahome has called on private sector players to actively support Kenya’s Affordable Housing Programme, amid a massive Ksh326 billion annual financing shortfall. The CS announced that the government was exploring partnerships with commercial banks, retirement benefit schemes, mortgage schemes, SACCOs, development partners, and the wider business…
The Senate Committee on Delegated Legislation has consented to the Affordable Housing Regulations 2025 to facilitate seamless implementation of the Affordable Housing Programme. Chaired by Senator Mwenda Gataya (Tharaka Nithi), the committee was taken through the objectives and key components of the proposed Regulations, which are set to guide the implementation of the Affordable Housing…
A fire outbreak in the early hours of August 6, 2025, razed down 54 business stalls at the Kisumu Bus Park, directly affecting 112 traders and leaving behind massive destruction. The inferno, which began around 2:00 am, spread quickly before being contained by the Kisumu County Fire Brigade. The stalls destroyed included those dealing in…
County Government of Kisumu has acquired a high-capacity modern waste collection truck to strengthen organic waste management efforts. The truck, launched at City Hall, is fitted with a 290-horsepower engine and a safety cabin to limit human contact with garbage. It can collect up to 15 tonnes of waste, equivalent to four conventional truckloads, and…
The government has barred all Savings and Credit Cooperative Societies (SACCOs) in Kenya from investing in non-core business activities until proper regulations and supervisory frameworks are in place. This decision comes amid rising concerns over financial mismanagement and instability within the SACCO sector, which has seen some cooperatives plunge into financial turmoil due to unregulated…
The National Treasury has accelerated plans to sell a majority stake in Kenya Pipeline Company (KPC) as it seeks to raise Ksh100 billion to ease mounting financial pressure. The move comes as the government struggles to access funds from development partners and development finance institutions, prompting a shift toward privatization of profitable state corporations. Under…
The government has intensified efforts to revive Kenya’s coffee industry by extending sensitization meetings to Narok, Bomet, Kericho and Nandi Counties. The meetings are part of the ongoing Revival of Coffee through the Co-operative Societies Programme, led by New Kenya Planters Cooperative Union (New KPCU) and the Ministry of Cooperatives and MSMEs Development. This nationwide…
