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

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…

PS Mang’eni inaugurates TWG group as national MSME Survey 2025 preparations kicks off

Sacco ReviewAugust 28, 202504 mins

The Principal Secretary of the State Department for Micro, Small, and Medium Enterprises (MSMEs) Development, Susan Mang’eni, has officially inaugurated the Technical Working Group (TWG) for the MSME Survey 2025. The team is responsible for creating a detailed framework to direct the national survey. The 2025 MSMEs survey follows a previous survey that was conducted…

Industry experts urge MSMEs to embrace artificial intelligence (AI) to boost effeciency

Sacco ReviewAugust 21, 202504 mins

Micro, small and medium enterprises (MSMEs) have been encouraged to adopt artificial intelligence (AI) to boost efficiency, strengthen customer experience and remain competitive in fast changing markets. According to industry experts, AI offers businesses the ability to improve decision-making, streamline processes and provide personalized services to customers. In Kenya, stakeholders have highlighted that adopting AI…

Devolution forum an eye-opener for Sacco opportunities in counties

Sacco ReviewAugust 16, 2025August 18, 2025010 mins

In the picturesque green hills of Homa Bay County, washed by the cool breeze of Lake Victoria, the country last month converged for the 13th edition of the devolution conference. Governors, especially from counties that are rich in agriculture, hailed devolution as a game-changer in powering the agricultural sector and creating employment most prominently in…

DP Kindiki reaffirms government’s effort to uplift small scale women traders in the country

Sacco ReviewAugust 5, 202504 mins

Deputy President Kithure Kindiki has reaffirmed that the government’s is committed to uplifting women small scale traders by offering them financial grants and construction of modern markets across the country. Addressing over 5000 women at his Irunduni home in Tharaka Nithi County, the DP said the government’s ongoing economic empowerment initiatives are part of the Bottom-Up…