Stephen Lokonyo, Managing Director at First Assurance. Photo/courtesy

Insurers told to rethink rigid products to reach Kenya’s SME sector

Insurers are being urged to introduce flexible, technology driven products to better serve SMEs and informal sector businesses. Experts say SMEs need affordable, modular insurance cover that matches their cash flow and operational risks. The industry is expanding digital services and regional presence to improve insurance access across Kenya. Kenya’s insurance industry is being urged…

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Business stakeholders during an awards ceremony by Dependable Brands in Nairobi. Photo/courtesy

Business stakeholders call for political tolerance ahead of 2027 elections

Business leaders warn political tensions are hurting investor confidence. They urged peaceful politics to protect businesses and jobs. Stakeholders also called for tax relief to spur business growth. Stakeholders in the business sector have sounded alarm over confrontational politics being witnessed across the country, saying the country’s economic stability is at peril ahead of next…

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Local traders, the Jua Kali sector and county officials pose foor a photo after the capacity-building and business training initiative programme. Photo/courtesy

Uasin Gishu trains traders and Jua Kali sector in financial literacy and business formalisation

Uasin Gishu trained traders, Jua Kali artisans and county officials on financial literacy and business formalisation. The programme focused on digital record keeping, credit readiness, tax compliance and cooperative formation to improve access to finance and government opportunities. The initiative, supported by SNV, ASSEK and the European Union, aims to strengthen SMEs, create sustainable businesses…

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Zoho partners with KNCCI to boost digital transformation for Kenyan SMEs

Zoho has partnered with KNCCI to help Kenyan SMEs adopt digital tools, offering eligible members Ksh65,000 in software credits, training and onboarding support to boost productivity and business growth. The technology firm reported 55 per cent revenue growth in Kenya, citing rising demand for AI enabled business solutions and increased adoption across the IT, financial…

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KEPSA Chief Executive Officer Carole Kariuki speaking at the Third Annual SME Conference, Awards and Exhibition on Thursday, June 23. Photo/courtesy

KEPSA calls for market diversification to strengthen SMEs

KEPSA urged SMEs to diversify markets and supply chains to reduce risks from global disruptions. CEO Carole Kariuki encouraged businesses to embrace AI and digital tools to improve competitiveness. She called for stronger public and private sector collaboration to address finance, taxation and market access challenges. Kenya’s small and medium-sized enterprises (SMEs) have been urged…

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Absa Bank partners with Google to empower 3,000 SMEs with digital and financial skills

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,…

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Mobile Money agent

SMEs show strong optimism as mobile money drives growth and digital confidence- Mastercard study

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…

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Regional trade advisor Wathingira Gituro Speaking during the NCBA Trade Commissioners Forum in Nairobi on June 3rd, 2026-Photo|Courtesy

SMEs urged to rethink East Africa expansion strategies, cut middlemen reliance

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…

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fortune DT Sacco members during a previous member engagement drive-Photo|Courtesy

Fortune Sacco rolls out member engagement drive at Nairobi branch

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…

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