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

Accountants urged to help MSMEs strengthen financial management

Sacco ReviewAugust 24, 202608 mins

Accountants urged to help MSMEs improve financial management Better records can help businesses unlock credit and growth Tally MSME Honours celebrate resilient and innovative enterprises Professional accountants have been challenged to take a more active role in helping small businesses improve their financial management, access financing and build enterprises that can withstand the challenges of…

MSMEs Connect heads to Nakuru for 7th edition

Sacco ReviewAugust 21, 202603 mins

Nakuru hosts the seventh MSMEs Connect edition. Entrepreneurs and financiers will explore new opportunities. A permanent Nakuru chapter will also be launched. The Ministry of Cooperatives and MSMEs Development and the Nakuru County Government will host the seventh edition of MSMEs Connect on September 4, 2026, launching the forum’s Nakuru County chapter for entrepreneurs and…

KRA levy hike sparks cargo clearance boycott by small traders

Sacco ReviewAugust 20, 202604 mins

Small traders halt cargo clearance over higher KRA charges Importers warn rising costs could squeeze already thin profit margins Traders threaten nationwide protests if KRA does not review the charges Small-scale importers and micro-enterprises have suspended cargo clearance in protest against increased taxes, levies and administrative charges imposed after the expiry of a relief period…

Informal work dominates as Kenya adds 3.27m jobs

Sacco ReviewAugust 17, 202608 mins

Kenya added about 3.27 million jobs between 2022 and 2025, with 2.84 million coming from the informal sector. KNBS data shows informal employment continues to dominate Kenya’s labour market, rising to about 18.1 million in 2025. The figures highlight the need to focus not only on job numbers but also on income security, productivity and…

KDC unveils green financing strategy, banks on co-ops

Sacco ReviewAugust 17, 202606 mins

KDC has launched a green financing strategy, placing co-operatives and Saccos at the centre of climate finance. KDC plans to establish a dedicated green fund offering debt and equity to sustainable businesses. Its SAFER project has financed 41,741 MSMEs through 11 financial institutions, mainly Saccos. Kenya Development Corporation (KDC) has launched a new Sustainability and…

MSME Alliance opposes KRA’s Sh3.2m cargo benchmark

Sacco ReviewAugust 15, 202605 mins

MSME Alliance has opposed KRA’s proposed increase in the consolidated cargo customs benchmark from Ksh2.5 million to Ksh3.2 million. The alliance says the 28 per cent increase would raise import costs, squeeze working capital and threaten the survival of small businesses. It wants KRA to retain the Ksh2.5 million benchmark and consult traders before making…

Uasin Gishu MSMEs get boost in access to finance

Sacco ReviewAugust 14, 202606 mins

MSEA and KBA are training women and youth entrepreneurs on financial literacy and business management. The programme aims to improve MSMEs’ access to affordable finance, markets and business information. Thirty MSMEs will receive mentorship through the Equity Bank Foundation, with the programme set to expand nationwide. Micro and Small Enterprises Authority (MSEA) has strengthened its…

NYOTA project launches mentorship for youth beneficiaries

Sacco ReviewAugust 8, 202605 mins

NYOTA mentorship starts August 10 for 122,000 youth beneficiaries. More than 4,879 mentors will provide business coaching and market support. Government is preparing financing, AGPO training and apprenticeship opportunities The government has scheduled a fresh round of mentorship sessions for National Youth Opportunities Towards Advancement (NYOTA) Project beneficiaries beginning August 10, with more than 4,879…

Trade finance crisis threatening Kenya’s farmers, co-operatives

Sacco ReviewAugust 7, 2026August 7, 2026011 mins

Kenya’s agricultural export ambitions are facing a major financial hurdle as thousands of farmers, cooperatives and micro, small and medium enterprises (MSMEs) struggle to access affordable capital needed to take advantage of growing international demand. Despite the country’s strong agricultural base and expanding opportunities in overseas markets, many producers and small businesses remain unable to…

Trade finance access widens for Kenyan farmers, traders

Sacco ReviewAugust 7, 202606 mins

KNCCI and Co-operative Bank have expanded trade finance for farmers, cooperatives and MSMEs. The partnership will support export financing, market access and business growth. Plans are underway to scale financing to Ksh5 billion. Limited access to affordable trade finance continues to prevent thousands of Kenyan farmers, cooperatives and micro, small and medium enterprises (MSMEs) from…