MSMEs – Page 3 – Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

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…

MSEA in partnership with SNV hold business policy awareness forums in Nakuru

Sacco ReviewJuly 21, 202503 mins

Micro and Small Enterprises Authority (MSEA) in partnership with Netherlands Development Organization (SNV) through the Investing in Young Businesses in Africa (IYBA-SEED) project has conducted the third phase of the Business Policy Awareness Forums. The forum engaged Micro, Small, and Medium Enterprises (MSMEs) in Nakuru County on key policy issues, including the MSME Policy, the…

MSMEs lending shrinks as High Credit Costs and Collateral demands bite

Sacco ReviewJuly 12, 202504 mins

Kenya’s micro, small, and medium-sized enterprises (MSMEs) are facing a credit crunch, with loan approvals dropping by 13 per cent over two years due to rising interest rates and rigid collateral requirements. This is according to the Central Bank of Kenya’s (CBK) 2024 Survey Report on MSME Access to Bank Credit, released in June 2025….

President Ruto leads celebrations of World MSMEs Day 2025, says MSMEs are engines of economic growth

Sacco ReviewJune 27, 202504 mins

President William Samoei Ruto has led the country in commemorating World MSMEs Day 2025 at Kenyatta International Conference Centre, Nairobi. Ruto said Small enterprises are the engines of economic growth since they drive innovation and but also support livelihoods adding that the sector creates the largest number of jobs and generates earnings for young people and…

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,…