Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Isiolo County has stepped up efforts to strengthen small businesses by hosting the sixth edition of the Kenya Public‑Private Sector MSMEs Dialogue- the MSME Connect Forum. The event brought together entrepreneurs, government agencies, financial institutions, and development partners to explore opportunities for enterprise growth and resilience. Hundreds of business owners from across the county attended…
Principal Secretary for Co‑operatives and Micro, Small and Medium Enterprises (MSMEs) Development, Patrick Kilemi, has called on Savings and Credit Cooperative Societies (Saccos) to strengthen their institutional capital and shift focus from competing through high dividend declarations to offering affordable loans that directly benefit members. Speaking during an interview on a local station on Thursday,…
Residents of Kiambu County have called on the Departmental Committee on Finance and National Planning to protect Micro, Small, and Medium Enterprises (MSMEs) and encourage local investment through the adoption of business-friendly policies. Speaking during a public participation forum on the Finance Bill, 2026, alongside the Sovereign Wealth Fund Bill, the Central Bank (Amendment) Bill,…
Kenyan small and medium‑sized enterprises (SMEs) are set to benefit from free Artificial Intelligence (AI) and digital skills training through a new partnership between I&M Bank and Google, aimed at boosting competitiveness in an increasingly digital economy. The initiative will equip entrepreneurs with practical knowledge in AI tools, digital marketing, business strategy and leadership development,…
Cabinet Secretary for Co‑operatives and Micro, Small and Medium Enterprises (MSMEs) Development, Wycliffe Oparanya, has called for increased investment in small businesses, Saccos and grassroots economic programmes, insisting that government initiatives must translate into tangible benefits for ordinary Kenyans. Appearing before the Departmental Committee on Trade, Industry and Cooperatives during deliberations on the 2026/27 Annual…
The government has unveiled a series of interventions aimed at easing the financial strain on small‑scale traders and Micro, Small and Medium Enterprises (MSMEs) struggling with the rising cost of doing business. Appearing before the Senate Plenary, Cabinet Secretary for Co‑operatives and MSME Development Wycliffe Oparanya outlined ongoing programmes designed to provide affordable financing, expand…
Co‑operative Bank of Kenya has reported its strongest quarterly performance in history, posting a profit before tax of KSh11.37 billion for the three months ended March 31, 2026. The result, announced on May 13, represents an 18.1 per cent increase from KSh9.63 billion recorded in the same period last year. Profit after tax rose even…
The government has admitted that weaknesses in existing laws governing Micro, Small and Medium Enterprises (MSMEs) and Savings and Credit Co-operative Societies (SACCOs) are slowing the growth and effectiveness of the sector. Cabinet Secretary for Co-operatives and MSME Development Wycliffe Oparanya told lawmakers that gaps in the current legal framework have undermined efforts to strengthen…
The government has stepped up efforts to strengthen Kenya’s small business sector through a fresh policy drive aimed at easing access to finance, boosting competitiveness, and encouraging informal enterprises to formalise. Regulators and development partners are intensifying outreach to micro, small and medium‑sized enterprises (MSMEs) amid concerns that many firms remain locked out of structured…
Absa Bank Kenya has unveiled a new asset financing model dubbed ABF 2.0 that will deploy Ksh100 billion over the next three years to empower micro, small, and medium‑sized enterprises (MSMEs) as well as individual customers. The revamped model is designed to improve access to productive assets and accelerate growth across key sectors of the…
