MSMEs – Page 2 – Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Stakeholders urge Govt to invest and support MSMEs to unlock business growth

Sacco ReviewDecember 5, 202508 mins

Stakeholders in the Micro, Small and Medium Enterprises (MSMEs) and industry have called on the Governments and other development partners to invest more in the business sector in order to unlock the next phase of business growth in Kenya. Speaking during the launch of the inaugural three-day Business Ecosystems Summit (BES) 2025 in Kisumu on…

Oparanya calls on lending institutions to accord MSMEs flexible credit terms

Sacco ReviewDecember 1, 202505 mins

The Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development Cabinet Secretary Wycliffe Oparanya has called upon lending institutions to accord small businesses flexible terms in order to enable them access credit. Oparanya noted that many small businesses cannot afford credit due to stiff requirements adding that many of them have been forced to imitate…

Kisumu Governor hails MSMEs as engine of economic growth, jobs haven

Sacco ReviewNovember 29, 202503 mins

Kisumu Governor Anyang’ Nyong’o has hailed the Micro Small and Medium Enterprises (MSMEs) as not only economic actors but the heartbeat of communities, enterprises that create jobs for youth. Speaking during the Fourth Kenya Public-Private sector “MSMEs Dialogue” in Kisumu, Nyong’o added that the said enterprises create jobs for youths, sparks innovation, support families and…

Over 100 Uasin Gishu MSMEs informed on business support opportunities

Sacco ReviewNovember 19, 202506 mins

Over 100 Micro and Small Enterprises entrepreneurs from Turbo Sub County, Uasin Gishu have been trained on business policies so as to empower them with knowledge on existing regulations and support services. The program manned by the Micro and Small Enterprises Authority (MSEA) aims to foster a more informed, compliant, and competitive MSME ecosystem in…

President Ruto reaffirms Kenya’s commitment to MSME growth

Sacco ReviewNovember 13, 202505 mins

President William Ruto has reaffirmed Kenya’s commitment to strengthening micro, small and medium enterprises (MSMEs) as a key driver of economic transformation and regional integration. Speaking on Tuesday during the official opening of the 25th East African Community (EAC) MSME Trade Fair at Uhuru Gardens, Nairobi, President Ruto said the MSME sector remains the “engine…

CS Oparanya calls for stronger support for MSMEs as Kenya Hosts 25th EAC MSME Trade Fair

Sacco ReviewNovember 11, 202506 mins

Cabinet Secretary for Cooperatives and MSME Development Wycliffe Oparanya has underscored the importance of micro, small and medium enterprises (MSMEs) in driving Kenya’s economic transformation, noting that the sector remains central to the government’s Bottom-Up Economic Transformation Agenda (BETA). Speaking during the 25th East African Community (EAC) MSME Trade Fair at Uhuru Gardens, Nairobi, Oparanya…

Gov’t eyes digital tax revolution to empower MSMEs, boost economic equity

Sacco ReviewOctober 21, 202505 mins

The government is accelerating efforts to overhaul its tax administration through digital innovation and inclusive reforms aimed at empowering Micro, Small and Medium Enterprises (MSMEs), which contribute over 40 percent of the country’s GDP and employ millions nationwide. Speaking at the opening of the Kenya Revenue Authority (KRA) Annual Tax Summit 2025, leaders from government…

Co-op Bank bags Global SME Innovation Award

Sacco ReviewOctober 8, 202503 mins

The Tier one lender Co-operative Bank of Kenya (Co-op Bank) has been recognised for its pioneering work in small business finance, winning the “Product Innovation of the Year (Africa)” award at the Global SME Finance Awards 2025. The award, hosted by the International Finance Corporation (IFC) and the SME Finance Forum, endorses the lender’s strategy…

Unpacking SASRA Supervision Report 2024: A sector in resilient expansion

Sacco ReviewOctober 7, 2025010 mins

In the intricate landscape of Kenya’s financial ecosystem, the Sacco Societies Regulatory Authority (SASRA) Supervision Report 2024 emerges as a pivotal barometer of the cooperative banking sector’s vitality. Released on September 25, 2025, by Cabinet Secretary for Cooperatives and MSMEs Wycliffe Oparanya, this annual statutory document—mandated under Section 22 of the Sacco Societies Act—chronicles the…

MSME lending jumps to ksh153 Billion surpassing Ksh150B banks’ target

Sacco ReviewSeptember 23, 202503 mins

Kenya’s banks have surpassed their annual lending target to Micro, Small and Medium Enterprises (MSMEs), exceeding the Ksh150 billion target by 2% to a total of Ksh153 billion. This was announced by Raimond Molenje, the Chief Executive Officer of the Kenya Bankers Association (KBA), during the launch of the Nature Positive Financing Assessment Report. Molenje…