Stima SACCO National Chairman, Dr. (Eng.) Joseph Siror.

How Stima Sacco is driving financial empowerment through sustainability

Stima SACCO onboarded 20,674 members and disbursed Ksh29.19 billion in loans in FY2025, expanding financial inclusion. The SACCO is advancing sustainability through green financing, ESG integration, and alignment with key UN Sustainable Development Goals. Innovation and climate action are driving long term growth through digital transformation and environmentally responsible operations Stima DT Sacco, Africa’s second…

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Oparanya on Sacco
Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya

Oparanya reaffirms Gov’t commitment to strengthen MSMEs through credit and market access

Co-operatives and Micro, Small and Medium Enterprises Development Cabinet Secretary, Wycliffe Oparanya has reiterated the government’s commitment to supporting Micro, Small and Medium Enterprises (MSMEs) through progressive policies, affordable credit, and capacity‑building programmes aimed at driving sustainable growth and competitiveness. In a speech delivered on his behalf by his Special Advisor, Dr. Edward Mudibo during…

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Kericho County Governor Dr. Erick Mutai speaking during the event at Kericho Primary School-Photo|Courtesy

Governor Mutai positions cooperatives as drivers of value addition and MSME growth

Kericho County Governor Dr. Erick Mutai has identified cooperative societies as integral aspects of rural industrialization, value addition and the development of Micro, Small, and Medium Enterprises (MSMEs), positioning them as the county’s main vehicle for delivering the Bottom-Up Economic Transformation Agenda (BETA) Speaking during the International Day of Cooperatives (Ushirika Day) celebrations held at…

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President William Ruto during launch of business start up capital under the NYOTA programme-Photo|Courtesy

MSEA reports strong progress in NYOTA youth business support programme

A total of 502,621 youth undertook the Entrepreneurial Aptitude Test, more than double the original target of 200,000 91,253 beneficiaries have received the first tranche of business startup capital totaling more than Ksh 2.01 billion The Micro and Small Enterprises Authority (MSEA) has recorded significant progress in the Business Support Component of the National Youth…

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PS Susan Mang'eni speaking during the KDC Customer Networking Forum in Nairobi-Photo|Courtesy

Government expands affordable credit access to boost MSME growth, create jobs

The government is intensifying efforts to unlock financing for micro, small and medium enterprises (MSMEs) by widening access to affordable credit and introducing tailored financial products for different categories of entrepreneurs. Speaking at the Kenya Development Corporation (KDC) Customer Networking Forum in Nairobi, Principal Secretary for MSME Development Susan Mang’eni emphasized that bridging the financing…

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President William Ruto during the World MSME Day celebrations at the KICC-Photo|Courtesy

Ruto: Affordable credit remains biggest obstacle for MSMEs

President William Ruto has urged a fresh approach to financing micro, small and medium enterprises (MSMEs), stressing that lack of affordable credit continues to be the greatest challenge facing the sector. Speaking during the 2026 World MSME Day celebrations at the Kenyatta International Convention Centre (KICC), Ruto acknowledged government efforts to support entrepreneurs but insisted…

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President William Ruto speaking during the Hustler Fund second anniversary-Photo|Courtesy

Ruto: Hustler Fund disburses Ksh90 billion, restores credit access for millions

President William Ruto has revealed that the government’s Hustler Fund has disbursed nearly Ksh90 billion to more than 27 million Kenyans, while enabling over two million borrowers previously blacklisted by Credit Reference Bureaus (CRB) to rebuild their creditworthiness and rejoin the formal financial system. Speaking on Saturday, June 27, 2026, during World MSME Day, Ruto…

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Treasury CS John Mbadi.
Treasury CS John Mbadi-Photo|Courtesy

CS Mbadi pledges stronger support for women-led enterprises

Treasury Cabinet Secretary John Mbadi has reiterated the government’s commitment to empowering women-led small and medium enterprises (SMEs), emphasizing their critical role in driving poverty reduction and economic growth. Speaking during a women empowerment forum at Ndiru Primary School in Homa Bay Town Constituency on Friday, June 26, 2026, Mbadi underscored the importance of women…

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President William Ruto during the World MSME Day celebrations at the KICC-Photo-Courtesy

President Ruto urges banks to boost MSME lending

President William Ruto has called on commercial banks to expand credit access for micro, small, and medium enterprises (MSMEs), warning that limited financing continues to stifle growth in one of Kenya’s most vital economic sectors. Speaking at the World MSME Day celebrations held at the Kenyatta International Convention Centre (KICC) in Nairobi, the President emphasized…

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a road side vendor selling groceries in Nairobi-Photo|Courtesy

Stakeholders reject harsh penalties in Street Vendors Bill, call for fairer measures

A proposal in the Street Vendors Bill, 2023, that seeks to impose fines of up to Sh200,000 on street traders has drawn sharp opposition from lawmakers, government officials, and market stakeholders, who argue the penalties are excessive and risk worsening the plight of thousands of Kenyans who rely on informal businesses for survival. The Bill…

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