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Women-led enterprises driving innovation and economic growth across Kenya

Sacco ReviewApril 25, 202607 mins

Women are increasingly taking the reins of entrepreneurship, driving innovation and economic growth in the country. Globally, according to the World Bank, one-third of businesses worldwide have a woman among their principal owners. This number is steadily rising, with the number of startups with female founders doubling globally. Studies also suggest that women-led businesses are…

Report: Kenya’s high power costs undermine manufacturing sector competitiveness

Sacco ReviewApril 13, 2026April 13, 202603 mins

Kenya’s power costs are among the highest in Africa, according to a new report by the Kenya Association of Manufacturers (KAM). The report, supported by Trademark Africa and the Foreign, Commonwealth, and Development Office, highlights how expensive electricity is impacting the country’s manufacturing sector, making it less competitive in both regional and global markets. Kenya’s…

Kenya’s economy grows 4.9% in Q3 2025 amid widening external deficit and rising debt

Sacco ReviewJanuary 7, 202604 mins

Kenya’s economy expanded by 4.9% in the third quarter of 2025, up from 4.2% a year earlier, as construction, mining, and tourism rebounded strongly. Yet the recovery remains uneven, with households facing higher food costs, slower agriculture growth, and a widening current account deficit that rose from Ksh43.5 billion to Ksh135.3 billion. The latest Quarterly…

Government to roll out new MSME policy to drive jobs and growth

Sacco ReviewJanuary 4, 202606 mins

The government is preparing to unveil a revised Micro, Small and Medium Enterprises (MSMEs) policy designed to transform the sector into a central pillar of job creation, economic growth and inclusive development under the Bottom‑Up Economic Transformation Agenda (BETA). Principal Secretary for MSMEs Susan Mang’eni said the sector has already registered progress under the current…

PS Omollo applauds S&P credit upgrade as boost for Kenya’s economic confidence

Sacco ReviewAugust 25, 202503 mins

Internal Security and National Administration Principal Secretary, PS Dr. Raymond Omollo has welcomed the recent decision by S&P Global Ratings to raise Kenya’s long-term sovereign credit score from ‘B-’ to ‘B’, calling it a strong endorsement of the country’s economic direction under President William Ruto. In a post shared on his official X (Formerly twitter)…

SMEs challenged to leverage on technology for growth, sustainability

Sacco ReviewFebruary 21, 202508 mins

Small and medium-sized enterprises (SMEs) have been challenged to leverage on technology and adopt industry networks to position their businesses better for growth. Industry players noted that for small businesses to flourish, adoption of technology is key as it helps in data management, enhanced protection against cyber threats, facilitates improved service delivery and enables access…