Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Small and medium‑sized enterprises (SMEs) across the country are set to benefit from a new partnership between Absa Bank Kenya and the Google Hustle Academy, which will provide training and financial support over the next 12 months. The initiative, unveiled in a joint statement, aims to equip entrepreneurs with digital expertise, financial literacy, growth strategies,…
Kenya’s small and medium enterprises (SMEs) are entering the year ahead with renewed optimism in mobile money and digital payments. A new Mastercard SME Confidence Index reveals that 66 percent of SMEs are confident about their business outlook, while 70 percent expect revenue growth over the next 12 months. The survey credits Kenya’s deep digital…
Small and Medium‑sized Enterprises (SMEs) eyeing growth beyond Kenya have been cautioned against treating the wider East African region as a single, uniform market. Trade experts say such blanket expansion strategies risk undermining business prospects, urging firms instead to adopt deliberate, country‑specific approaches. Speaking during the NCBA Trade Commissioners Forum in Nairobi, Regional trade advisor…
Fortune DT Sacco has launched an on‑ground member engagement and business activation campaign at its Nairobi Branch, targeting small and medium‑sized enterprises (SMEs) and existing members with tailored financial solutions. The initiative focuses on strengthening relationships through financial awareness sessions, deposit mobilisation, merchant account activation, and new member onboarding. Officials said the campaign is designed…
Entrepreneurs across Kenya are being pressed to embrace innovation, forge partnerships, and rethink business models as the key to unlocking the full potential of the country’s small and medium‑sized enterprises (SMEs), a sector that remains central to job creation and economic growth despite mounting financial pressures. Industry stakeholders warn that without adaptation, many SMEs risk…
The government has rolled out a new policy brief aimed at positioning small‑ and medium‑sized enterprises (SMEs) at the center of Kenya’s transition toward a circular economy in the agri‑food sector. The document, dubbed “Strengthening policy frameworks to empower agri-food SMEs towards a circular economy in Kenya”, developed by the Ministry of Agriculture and Livestock…
KCB Bank has launched a groundbreaking mortgage product targeting Kenya’s informal workforce, a move expected to expand access to affordable housing and reshape the country’s mortgage landscape. The new facility, offered at a single‑digit interest rate, is tailored for SMEs, artisans, boda boda operators, gig economy players, and digital content creators whose income streams are…
The Kenya National Chamber of Commerce and Industry (KNCCI) has sounded the alarm over escalating fuel and logistics costs, warning that the burden is already weighing heavily on transport operators, small and medium-sized enterprises (SMEs), and export sectors. In a statement, the chamber noted that the latest surge in fuel-related expenses is driving up food…
The Small and Medium Enterprises (SMEs) in the country have received a major boost after Munyiri Africa Foundation scaled up entrepreneurship and Financial Literacy training, and also providing seed capital to help them grow. According to the organisers, the programme is aimed at mentoring and imparting relevant knowledge and skills to the youth which will help…
Kenya’s manufacturing sector has sounded the alarm over crippling logistics bottlenecks that continue to erode competitiveness and block small and medium-sized enterprises (SMEs) from fully benefiting from the African Continental Free Trade Area (AfCFTA). The concerns were raised during the launch of the Logistics Study Report by the Kenya Association of Manufacturers (KAM), which revealed…
