Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
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…
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…
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…
Socio-cultural norms, lack of information, and male-dominated management in key sectors also limit participation. Martin Gichangi, an economist in Nairobi says women mostly shun Saccos in Kenya due to low disposable Incomes. By Mwiti Mukunga Fewer women join Savings and Credit Cooperative Societies (Saccos) in Kenya compared to men which is detrimental to the overall…
Credit Bank has committed KSh1 billion in 2026 to support micro, small and medium‑sized enterprises (MSMEs) through financing and transaction banking solutions, in a bid to spur business growth and job creation across Kenya. The lender said the funds will be directed to businesses across diverse sectors, providing access to trade finance, working capital, asset…
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…
