Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Climate change is costing Kenya 3 to 5 per cent of GDP. Kenya faces an 87 per cent climate funding gap. KDC plans to launch a green fund for sustainable businesses. Kenya is rethinking its funding for green energy after the country’s estimates suggested a drop in its Gross Domestic Product owing to climate change….
Agriculture’s GDP share rose to 23.2 per cent, with output valued at Ksh 4.07 trillion. Horticulture, coffee, tea and milk posted strong growth, while wheat and sugarcane output declined. Counties want more funding for irrigation, mechanisation and value addition. Agriculture remained the backbone of Kenya’s economy in the last financial year, with the sector’s share…
KRA posts strong revenue growth: The Kenya Revenue Authority collected KSh2.844 trillion in FY 2025/2026, a 10.6 percent increase from the previous year, with manufacturing, energy, finance, ICT, and wholesale and retail sectors driving 62 percent of total revenue. Customs exceed target: Customs revenue grew 12.4 percent to KSh988.8 billion, surpassing its target, while exchequer…
President William Ruto on Saturday presided over Kenya’s 2026 World Micro, Small and Medium Enterprises (MSME) Day celebrations at the Kenyatta International Convention Centre (KICC) in Nairobi, where he officially launched the Revised MSME Policy 2026 aimed at transforming the sector into a globally competitive engine of inclusive growth. The revised policy seeks to create…
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…
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 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…
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…
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)…
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…
