Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
621 non-deposit taking Saccos left Kenya’s credit information sharing system in 2025 Sacco participation in CRB data sharing fell sharply as third party sources also declined Rising demand for credit reports highlights the growing role of borrower data in lending decisions More than 600 non-deposit taking Saccos dropped out of Kenya’s credit information sharing system…
Banks are urged to measure MSME lending by its impact on jobs, businesses and livelihoods Fresh MSME lending reaches Ksh246 billion as banks target Ksh500 billion by year-end Lenders call for stronger data, smarter guarantees and more green financing for agriculture Commercial banks have been challenged to shift focus from the size of the loans…
CBK is bringing African financial leaders together for its 60th anniversary Experts will examine how AI is changing central banking and finance Governors are set to explore Africa’s push for greater monetary independence The Central Bank of Kenya (CBK) has marked 60 years since its establishment, opening a week of high-level engagements that bring African…
Shilling remains stable against the dollar despite global pressures. Rising crude prices could push up Kenya’s fuel and transport costs. Inflation climbs as oil nears the $100 per barrel mark. Kenya’s shilling is refusing to buckle against the US dollar, but a new threat is emerging from the global oil market that could hit fuel…
Kenyan businesses are increasingly absorbing rising production and operational costs as they seek to retain customers amid growing price sensitivity and weakening purchasing power. The strategy is intended to protect sales volumes and prevent customers from switching to cheaper alternatives, but it is putting pressure on firms’ profit margins as fuel, transport, energy and raw…
Digital lenders are becoming a bigger part of how Kenyan farmers meet urgent farm costs. Farmers continue to borrow heavily for inputs and labour as production expenses remain high. The shifting credit patterns highlight the growing need for affordable and sustainable agricultural financing. Digital lenders are increasingly becoming an important source of financing for Kenyan…
Kenyan CEOs want the government to cut business costs, make credit cheaper and clear pending bills owed to firms. High operating expenses, weak purchasing power and policy uncertainty remain major concerns for businesses. Despite the challenges, firms see technology adoption, stronger demand and market expansion as key growth opportunities. Kenya’s private-sector leaders have intensified calls…
Banks have increased lending to MSMEs as falling interest rates make credit more affordable. The latest figures reveal which lenders are leading the race to finance small businesses. Lower borrowing costs are encouraging stronger demand for credit across key sectors of the economy. Kenyan businesses are gaining easier access to bank financing, with lenders advancing…
High Court suspends Treasury approval requirement for banks seeking to raise loan interest rates. Order follows a legal challenge by the Kenya Bankers Association over Section 44 of the Banking Act. Borrowers are not automatically facing higher rates, but customers with variable rate loans should monitor lender communications. Thousands of Kenyan borrowers face fresh uncertainty…
A Nairobi court ruled that unlicensed digital lenders cannot sue to recover unpaid loans. The decision strengthens the legal position of licensed Saccos over unregulated lenders. The ruling also reminds Sacco digital lenders to maintain valid CBK licences. A Nairobi court has barred unlicensed digital lenders from suing to recover unpaid debts, handing Saccos a…
