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The Standard e-Paper
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In most organisations, employees form Saccos with the help of the employer as a savings platform.
Family Bank Limited has called for an Extraordinary General Meeting (EGM) to be held at the end of the month where shareholders are expected to ratify the decision to go public.
The initiative comes as Africa’s fast-growing markets, rich in critical minerals and innovation in mobile finance and renewable energy, attract global interest.
The market share of loans borrowed by Sacco members for land and housing purposes is shrinking, even as the sector still holds the highest proportion of credit advances.
Superior Homes chief executive Shiv Arora says resident associations are becoming an impediment to developers, wielding more power when it comes to obtaining building approvals.
Kenya is pushing for a review of the European Union’s tough regulations on its horticultural exports, which officials say are hurting trade and prompting the country to explore alternative markets.
A task force from pension funds in Kenya, Uganda and Tanzania is expected to provide pathways for how domestic resources can be mobilised across borders for development purposes.
Even though farmers have continued to expand the area devoted to cottonseed cultivation, yields per hectare have remained uncertain, raising concerns about productivity and profitability.
Sasra has launched an investigation into the consistent increase in the number of dormant members over the years, as the figure now inches closer to two million.
As climate change reshapes global priorities, the term ‘green buildings’ is gaining momentum in Kenya’s real estate circles.
Push for a transformative universal social security policy in Kenya, advocating for a system that provides retirement benefits to all citizens, including the vast informal sector.
President William Ruto is advocating for the adoption of a single digital market within the Comesa, aimed at boosting the region’s global competitiveness.
A relaxed monetary policy saw manufacturers borrow Sh17.2 billion more in the second quarter of this year, even as growth in the sector slowed down compared to the same period in 2024.
The government is set to table a Bill in Parliament to establish the National Infrastructure Fund, a key initiative by President Ruto aimed at mobilising Sh4 trillion for development projects.
KEBS is doubling on strategic partnerships to enhance product quality and safety across the market.
The housing board seeks to change its model of selling units, adopting the offtake method common in the Kenyan market among private developers.
As the climate change discourse rages on, in the real estate spaces, a major concern has been the cost of putting up a green development.
A statement from Mi Vida Homes indicated that the developer has reached a share purchase agreement for a management-led buyout of the business from Actis, a private equity fund.
KMRC offers loans to financial institutions at single-digit rates, which are then extended to customers seeking to own homes.
When most people think about livestock, the first thing that comes to mind is meat. Yet, beyond the steak and stew is some value chain rich with untapped potential.
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