MSMEs Stories

Why Kenyan SMEs struggle to break into export market despite government push
Alfred Onyango  |  Jul 16, 2025

The latest Country Economic Transformation Outlook report by the state owned research firm, Kenya Institute for Public Policy Research and Analysis (K...

Mudavadi urges shift from harambees to cooperatives to shield economy from political shocks
Lucy Mumbi  |  Jul 13, 2025

Mudavadi emphasised that cooperatives offer a more stable and inclusive financial model, capable of anchoring Kenya’s economy on local capital, partic...

Corrupt coffee society leaders to lose properties, CS Wycliffe Oparanya warns
Maureen Kinyanjui  |  Jul 12, 2025

The CS said farmers are the ones who continue to suffer as deductions are made on their earnings while corrupt officials benefit, weakening efforts to...

Tax relief boost as KRA slashes fringe benefits rate for workers
Maureen Kinyanjui  |  Jul 11, 2025

Fringe benefits tax applies to employees, directors, or their relatives who receive welfare perks such as low-interest loans from their employers. The...

Mang’eni urges Kenyan MSMEs to embrace technology, formalise for global growth
Rachael Mutabasi  |  Jul 09, 2025

Reaffirming the government’s commitment to digital growth, the PS highlighted the Digital Superhighway project, which aims to lay 100,000 kilometres o...

Banks pocket Sh13 billion more from MSMEs driven by higher interest rates – CBK
Maureen Kinyanjui  |  Jul 08, 2025

The data shows that interest income from MSME loans increased from Sh79.1 billion in 2022 to Sh91.8 billion in 2024, marking a 16 per cent jump.

Sh3 billion SACCO fraud exposes deep governance, regulatory gaps
Maureen Kinyanjui  |  Jul 04, 2025

These losses, driven by unremitted deductions, liquidity issues, and failure to meet required financial standards, are threatening the stability of th...

PS Susan Mang’eni denies Hustler Fund misuse, reports Sh4.8 billion savings
Maureen Kinyanjui  |  Jun 19, 2025

According to the Auditor General’s report, of the Sh22.96 billion allocated to the Hustler Fund in the 2022/2023 budget, only Sh12 billion was spent.

Cooperative clean-up: Oparanya targets non-compliant societies in major sector reforms
Lucy Mumbi  |  Jun 05, 2025

CS Oparanya directed that all cooperative societies, including unions, national cooperative organisations, and apex cooperatives, must file their annu...

10 million Hustler Fund borrowers missing as MPs slam push for more taxpayer funding
Lucy Mumbi  |  May 21, 2025

The chairperson of the National Assembly’s Committee on Trade, Industry and Cooperatives Bernard Shinali demanded a proper explanation from the PS, qu...

Why innovation investment falters despite businesses’ thirst - study
Alfred Onyango  |  Apr 29, 2025

Developing countries encourage far less innovation as firms and governments appear to be leaving billions of dollars on the table in forgone productiv...

Garissa traders call for unified business permit to ease licensing burden
Issa Hussein  |  Apr 23, 2025

The traders, said numerous licenses were a burden to the traders and were a major obstacle to economic growth.

Why only 2% of Kenyan startups grow into large businesses
Alfred Onyango  |  Apr 15, 2025

Kenyan SMEs were urged to brace for impact and rethink strategy amid the prevailing tariff wars.

KRA cracks down on small businesses in push to increase revenue collection
Maureen Kinyanjui  |  Mar 07, 2025

KRA has noted that while some small businesses have registered for PINs, many do not fulfil their tax obligations, with some filing nil returns despit...

Hustler Fund disbursements fall sharply as govt struggles with loan recoveries
Lucy Mumbi  |  Jan 05, 2025

Kenya Kwanza had pledged to set aside Sh50 billion annually for the Hustler Fund, but allocated only Sh20 billion to the fund in its first budget.

State agencies' imports hit record high of Sh89 billion
Maureen Kinyanjui  |  Nov 13, 2024

According to data from the Central Bank of Kenya (CBK), this surge is the highest since June 2017, when the CBK began fully disclosing import figures.

CS Oparanya champions regional trade at EAC MSMEs fair in South Sudan
John Mbati  |  Oct 30, 2024

Cooperatives CS Wycliffe Oparanya noted that this year's theme aligns closely with Kenya’s "Buy Kenya, Build Kenya" agenda.

CBK says banks gave Sh783 billion in loans to Kenyan SMEs in 2023
Maureen Kinyanjui  |  Oct 16, 2024

President William Ruto said the figure represented an increase of about Sh75 billion.

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