Topic: MSMEs
Over 150 SMEs in Greater Western Region join Kisumu's Grow with Safaricom forum
Jul 30, 2025 at 09:23 PM
More than 150 businesses from Kenya’s Greater Western region convened at Kisumu’s Mamboleo Stadium for the 10th edition of the Grow with Safaricom Business Forum, a platform ai...
M-Pesa Sokoni Festival's Greater Western tour enables youth, women, and MSMEs
Jul 28, 2025 at 06:36 PM
Safaricom has rolled out the Greater Western edition of its nationwide M-Pesa Sokoni Festival, celebrating 18 years since the mobile money service reshaped Kenya’s financial and ...
Sh1.36 billion KUSCCO loan crisis places 58 SACCOs at serious risk of losing assets
Jul 22, 2025 at 06:22 PM
A total of 58 savings and credit cooperatives across Kenya could soon have their assets seized and auctioned after defaulting on loans worth Sh1.36 billion taken from the Kenya Uni...
How Safaricom Business is powering Kenya’s MSMEs and hustle economy
Jun 27, 2025 at 05:35 PM
As Kenya joins the rest of the world in commemorating World MSME Day, it is an opportune time to reflect on the critical role of Micro, Small and Medium Enterprises (MSMEs) in driv...
Hustler Fund's reply to Auditor General's key concerns over Sh8 billion allocation
Jun 20, 2025 at 03:47 PM
The Hustler Fund management has come out to clarify concerns over Sh8 billion that was flagged by the Auditor General as unaccounted for in the financial year ending June 2023, ass...
KEPSA and private sector leaders want banks to fund MSMEs, not state debt
Jun 12, 2025 at 03:51 PM
Calls for Kenya’s banking sector to abandon the comfort of state-backed securities and redirect credit to small businesses are growing louder, as private sector leaders intensify...
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I&M Bank pre-tax profit grows to Sh5.9 billion in Q1 2025 as subsidiaries fatten
May 27, 2025 at 07:02 PM
I&M Group PLC registered a 16 per cent surge in profit before tax during the first quarter of 2025, reaching Sh5.9 billion compared to Sh5.1 billion in the same period last year....
Safaricom rolls out new credit lifeline for MSMEs with quick loans up to Sh400,000
May 21, 2025 at 02:54 PM
Safaricom has rolled out a trio of enhanced digital credit solutions, Fuliza Biashara, Taasi Pochi, and Taasi Till, targeting small and micro-enterprises (MSMEs) seeking quick, fle...
Lobby sues to block new budget until Govt clears Sh600 billion pending bills
Apr 17, 2025 at 08:24 AM
A human rights group has asked the High Court to halt Kenya’s 2025/26 budget-making process, arguing that the government must first settle over Sh600 billion in long-standing unp...
Govt sets up team to resolve Sh204.4 million tiff over KCC ex-workers’ dues
Apr 04, 2025 at 09:58 PM
An interministerial committee has been established by the government to address the ongoing dispute over unpaid terminal benefits for former employees of the defunct Kenya Cooperat...
I&M Bank proposes Sh3 dividend as gross profit surges 25 per cent to Sh20.8 billion
Mar 26, 2025 at 05:56 PM
I&M Group recorded a Profit Before Tax of Sh20.8 billion for the financial year ending December 31, 2024, reflecting a 25 per cent increase....
Thembekwayo and top industry mentors to grace Youth+ Festival 2025 in Nairobi
Feb 19, 2025 at 01:40 PM
Thousands of young entrepreneurs and professionals will gather at the Sarit Expo Centre from February 28th to March 1st, 2025, for the highly anticipated second edition of the Yout...
KRA collaborates with KNCCI to foster tax compliance among MSMEs in Kenya
Dec 13, 2024 at 10:10 AM
Kenya Revenue Authority (KRA) and Kenya National Chamber of Commerce and Industry (KNCCI) are partnering to expand Micro Small and Medium Enterprises (MSMEs) in Kenya....
Kenyan fintech Leja surpasses Sh256 billion in B2B transactions in 2024
Dec 10, 2024 at 01:54 AM
Kenyan fintech firm Leja has announced that its B2B payment service has processed $2 billion (approximately Sh259 billion in transactions since its launch earlier this year....
KRA to introduce WhatsApp bot to streamline tax invoicing for small traders
Oct 23, 2024 at 11:25 AM
In a significant move to enhance tax compliance, the Kenya Revenue Authority (KRA) is set to launch a WhatsApp bot that will allow taxpayers to generate electronic tax invoices dir...
Safaricom, Cloudflare, Copy Cat unite to offer MSMEs affordable cybersecurity
Oct 22, 2024 at 10:57 PM
In a sweeping initiative to protect Kenya’s digital business landscape, Safaricom, Cloudflare, and systems integrator Copy Cat have launched an ambitious collaboration aimed at f...
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Kenyan banks commit Sh450 billion to empower local MSMEs over next 3 years
Oct 17, 2024 at 04:59 PM
Kenya’s banking sector, under the Kenya Bankers Association (KBA), has announced a Sh450 billion financial boost to Micro, Small, and Medium-sized Enterprises (MSMEs) over the ne...
Kenya banks challenged to lower their interest rates to support MSMEs growth
Oct 16, 2024 at 08:21 PM
Local banks must lower their lending rates if Kenya’s micro, small, and medium-sized enterprises (MSMEs) are to thrive....
'Inua Biashara': Govt unveils accelerator program to stimulate growth of MSMEs
Oct 16, 2024 at 07:27 PM
President William Ruto on Wednesday launched the MSME Accelerator Programme aimed at boosting the development of Micro, Small, and Medium Enterprises (MSMEs) in Kenya....
Govt addresses reports on steps to deal with Sh7 billion Hustler Fund defaulters
Oct 03, 2024 at 06:33 PM
The government has now denied recent reports of its intention to deduct loans from mobile wallets for defaulters of the Hustler Fund, a programme designed to enhance financial incl...
