Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
National Treasury has launched a review of Kenya’s risk based supervision framework for Saccos under the World Bank funded SAFER Project. A consultant will update the Risk Based Supervision Manual, identify regulatory gaps, train supervisors and support stronger Sacco oversight. Expressions of interest close on August 6, with the five month assignment aimed at strengthening…
KJET has opened applications for MSME clusters under cohorts 3 and 4, with submissions closing on 21 August 2026. Eligible cooperatives, associations and cluster based entities in 10 priority value chains will receive business development support, with some qualifying for co investment funding. The World Bank funded programme aims to boost MSME productivity, private sector…
The World Bank, through the second phase of the Kenya Urban Support Program (KUSP II), has committed Ksh42 billion ($350 million) to the Government of Kenya to strengthen the capacities of 79 cities and municipalities across the country. Housing and Urban Development Principal Secretary (PS) Charles Hinga Mwaura announced that the program, which commenced in…
Unlike the first tranche, which was rolled out in phased clusters across the regions, the second disbursement would reach all eligible beneficiaries at the same time.. the beneficiaries have already completed a mandatory business development skills training programme, a requirement under the initiative before qualifying for the start-up capital. The government will on Friday roll…
A total of 502,621 youth undertook the Entrepreneurial Aptitude Test, more than double the original target of 200,000 91,253 beneficiaries have received the first tranche of business startup capital totaling more than Ksh 2.01 billion The Micro and Small Enterprises Authority (MSEA) has recorded significant progress in the Business Support Component of the National Youth…
World Bank approves Ksh97 billion to support Kenya’s anti-corruption efforts, governance reforms, and better public financial management. Funds will strengthen transparency through stricter procurement rules, improved financial oversight and enhanced systems to curb fraud and misuse of public resources. The World Bank, through the Second Green and Resilient Inclusive Growth Development Policy Operation (DPO), has…
The government has unveiled an ambitious KSh1.47 trillion programme aimed at transforming agriculture into a modern, technology‑driven sector that generates jobs, boosts exports, and strengthens food security. Speaking in Nairobi, Agriculture Cabinet Secretary Mutahi Kagwe introduced the Kenya AgriConnect Compact (2025–2030), a five‑year initiative developed in partnership with the World Bank. The programme seeks to…
Women are increasingly taking the reins of entrepreneurship, driving innovation and economic growth in the country. Globally, according to the World Bank, one-third of businesses worldwide have a woman among their principal owners. This number is steadily rising, with the number of startups with female founders doubling globally. Studies also suggest that women-led businesses are…
The World Bank has issued a stark warning regarding the potential impact of escalating geopolitical tensions, particularly the ongoing conflict involving Iran, on African economies. In a statement released on Wednesday, April 8, 2026, the global financial institution cautioned that the crisis could lead to higher inflation and slower economic growth across the continent, with…
The Savings and Credit Cooperative Organization (SACCO) has received a Ksh 70 million cheque under the World Bank–supported De-Risking Inclusion and Value Enhancement of Pastoral Economies (DRIVE) Project, a strategic initiative designed to transform livestock-based enterprises and strengthen pastoralist livelihoods across the county. The cheque handover was facilitated through the Kenya Development Corporation (KDC). It…
