Government Suspends Registration of New SACCOs
NAIROBI, Kenya– The government has announced an immediate three-month suspension on the registration of new Savings and Credit Cooperative Organizations (SACCOs), a move aimed...
Government Inaugurates New KUSCCO Transition Board Amid Calls for Sector Reforms
NAIROBI, Kenya– The Ministry of Cooperatives and Micro, Small and Medium Enterprises (MSMEs) has inaugurated a new Transition Board of Directors for the Kenya...
Choice Microfinance Bank Rebrands to Choice Bank, Unveils Bold Digital Strategy
NAIROBI, Kenya– Choice Microfinance Bank has rebranded to Choice Bank, marking a shift in its operations with a focus on digital innovation to expand...
Safaricom Revamps Business Credit Solutions to Support MSMEs in Kenya
NAIROBI, Kenya– Safaricom has announced an overhaul of its business credit solutions aimed at improving access to finance for micro, small, and medium enterprises...
Family Bank records 15.4% profit growth in Q1 2025
NAIROBI, Kenya- Family Bank has reported a 15.4% rise in Profit Before Tax for the first quarter of 2025, reaching Sh1.5 billion compared to...