MSMEs - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

PS Mang’eni denies hustler funds misuse, Kshs 8 billion withdrawal from treasury

Sacco ReviewJune 20, 202504 mins

The State Department for Micro, Small and Medium Enterprises (MSMEs) Principal Secretary Susan Mang’eni has defended the Ksh8 billion allocated for the Financial Inclusion Fund (Hustler Fund) savings support, insisting it was never withdrawn from the National Treasury. In a statement on Thursday the PS stated that the initial capitalization of the Fund was Ksh20.2…

Kisumu County to sets up various interventions to empower SMEs; Deputy Governor reveals

Sacco ReviewJune 14, 202507 mins

Kisumu Deputy Governor Dr. Mathew Owili has said the county government has reaffirmed its commitment to empowering Micro, Small and Medium Enterprises (MSMEs) through a range of targeted interventions. Owili said the move is aimed at enhancing competitiveness, unlocking growth opportunities, and positioning local businesses for regional and global markets. MSMEs, he said, play a…

CS Oparanya distributes free coffee seedling to Vihiga Coffee farmers to revive coffee farming in the County

Sacco ReviewMay 28, 202504 mins

Cabinet Secretary for Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development, Wickliffe Oparanya yesterday distributed coffee seedlings in Vihiga County in an effort by the government to revive the coffee farming in the area, support smallholder farmers with resources, training, and financial assistance. Speaking at a farmers’ sensitization forum at Ebukanga Polytechnic in Vihiga,…

Former KUSCCO directors challenges order to vacate office

Sacco ReviewMay 27, 2025May 28, 202504 mins

In the midst of a growing leadership struggle within the Kenya Union of Savings and Credit Cooperatives (KUSCCO), former directors who were recently ousted from office are protesting the decision and the official removal order. The former directors who are now directors and executives in various SACCOs were removed from the KUSCCO office after the…

Equity Group, African Guarantee Fund strike Ksh.64B deal to boost MSMEs in Africa

Sacco ReviewMay 10, 202504 mins

Equity Group and the African Guarantee Fund (AGF) have renewed and expanded their strategic partnership in a groundbreaking Ksh.64 billion which seeks to accelerate access to finance for Micro, Small, and Medium Enterprises (MSMEs) across East and Central Africa. The facility is expected to unlock Ksh.129.5 billion in lending and sustain over 50,000 jobs, especially…

Govt highlights coffee reforms achievements a head of Mt Kenya tour

Sacco ReviewApril 1, 2025April 1, 202503 mins

Ministry of Co-operatives and Micro, Small & Medium Enterprises (MSMEs) Development, State Department for Cooperatives has highlighted major coffee reforms achievements a head of Mt Kenya region five days tour, the region has majority coffee farmers. Among the major reforms by the Kenya Kwanza government include placing coffee reforms under the Office of the President…

Women-led Enterprises hailed as transformative, key to unlocking a myriad of opportunities

Sacco ReviewMarch 30, 2025March 30, 202507 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…

Transforming the MSMEs sector is a top priority for the govt, CS Oparanya says

Sacco ReviewMarch 19, 202503 mins

Cabinet Secretary Wycliffe Ambetsa Oparanya has said that transforming the Micro, Small, and Medium Enterprises (MSMEs) sector is a top priority for the government. The CS, who was speaking during the official launch of the Kenya Public-Private Sector MSME Dialogue, MSME Connect, stated that the sector makes a significant contribution to the economy. He noted…

35 Saccos in Busia receive Ksh. 24.5M cooperative grant

Sacco ReviewMarch 8, 202503 mins

In a major boost to financial inclusion and agricultural transformation, the County Government of Busia has disbursed a Ksh. 24.5 million cooperative inclusion grant to 35 Savings and Credit Cooperative Organizations (SACCOs). The grant aims to enhance production and value addition, empowering farmers and agripreneurs across the county. As part of this initiative, the government…

Oparanya urges Nyanza to embrace cooperative model for socio-economic growth

Sacco ReviewFebruary 12, 202505 mins

The people of Nyanza have been urged to adopt the cooperative model to improve their socio-economic standing. The Cabinet Secretary for the Ministry of Co-operatives and MSMEs Development, Mr. Wycliffe Oparanya, said the model was the best option for the region to invest in. Speaking in Kisumu during the Nyanza International Investment Conference, Oparanya noted…