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Gov’t moves to turn industrial hubs into job engines

Sacco ReviewOctober 7, 202606 mins

Government targets full operation of 290 industrial centres Power connections emerge as a major hurdle facing the centres CIDCs have already supported thousands of jobs and MSMEs The government is stepping up efforts to operationalise Constituency Industrial Development Centres (CIDCs) across the country as it seeks to take manufacturing, value addition and business opportunities closer…

KRA seizes Sh13 million worth of electronics in Kileleshwa

Sacco ReviewOctober 7, 202604 mins

Kenya Revenue Authority (KRA) officers have confiscated 529 electronic items worth about Ksh13 million from an apartment in Kileleshwa, Nairobi, in a crackdown on suspected smuggling and tax evasion. The goods were found in a residential unit that was allegedly being used to store and sell merchandise. Officers acted on intelligence. According to the authority,…

PS Mang’eni decries power delays hurting MSME projects

Sacco ReviewOctober 7, 202604 mins

PS Mangeni warns power delays are putting MSME projects at risk Young entrepreneurs in value addition need reliable electricity to run machinery Government urged to consider solar and other alternative power sources Government spending on enterprise projects will come to nothing if the power supply stays unreliable, State Department for Micro, Small and Medium Enterprises…

PS Kimotho urges banks to use farm data to finance farmers

Sacco ReviewOctober 7, 202606 mins

PS Kimotho calls for farm data to help banks assess farmers for loans Government data systems could open new financing options for small farmers Irrigation firms urged to prepare for a planned 2027 equipment rollout Small farmers in Kenya could get loans more easily if banks looked at how their farms perform, instead of asking…

Kenyan firms cleared for Dangote refinery IPO access

Sacco ReviewOctober 7, 202605 mins

Seven Kenyan firms have been cleared to facilitate local participation in the refinery share sale Investors have until October 13 to subscribe to the Nigerian offer The regulator has outlined approved channels for Kenyans seeking access to the IPO Kenyan investors now have an approved route into Africa’s biggest share sale. The Capital Markets Authority…

Budapest Convention bid exposes Kenya’s cybercrime gaps

Sacco ReviewOctober 7, 202607 mins

MPs have raised concerns over Kenya’s preparedness to join a global cybercrime treaty Government agencies have pointed to gaps in coordination and resources Parliament is weighing safeguards to protect digital privacy as cooperation expands Kenya’s bid to join the Budapest Convention on Cybercrime has exposed serious weaknesses in the country’s fight against digital crime, with…

Coffee societies earned Sh41 billion in the year 2025/2026 season

Sacco ReviewOctober 7, 202603 mins

Coffee societies recorded a stronger financial return in the latest crop year Two brokers accounted for a large share of coffee traded at the auction Industry officials are eyeing better prices in the new coffee year The Nairobi Coffee Exchange (NCE) auctioned 770,034 bags of coffee in the year 2025/2026, which ended on September 30….

Nandi tea farmers threaten leaf boycott over Sh12.50 bonus

Sacco ReviewOctober 6, 202603 mins

Nandi tea farmers give factories seven days to address their concerns Growers question the wide gap between bonus payouts across factories A possible leaf boycott could disrupt operations at two tea factories Tea factories in Nandi County have seven days to win back their farmers, or risk running short of green leaf. Growers supplying the…

Ufanisi Sacco revamps leadership with new CEO appointment

Sacco ReviewOctober 6, 2026October 6, 202604 mins

Ufanisi DT Sacco names a new chief executive as it reshapes its leadership The new CEO brings more than a decade of financial sector experience A new finance manager also joins the Sacco’s leadership team The Board of Ufanisi Deposit-Taking (DT) Sacco Limited has appointed CPA Samuel Ndoo Mutunga as its new Chief Executive Officer…

Siaya Saccos receive Sh9.9 million to unlock farmer credit

Sacco ReviewOctober 6, 2026October 6, 202604 mins

Eight Saccos receive fresh support to ease access to farm credit Digital systems bring new accountability demands for Sacco officials Siaya plans a countywide union to strengthen agricultural cooperatives Eight agricultural Saccos in Siaya County have received Ksh9.9 million meant to make it easier for smallholders to borrow for their farming work. The money was…