SACCOS

Kenya’s Saccos Approved for Integration into National Payment System

March 17, 2025March 17, 2025 - by Carmen Mendez - Leave a Comment

Kenya’s Cabinet has sanctioned a plan for Saccos to join the National Payment System, enabling them to offer banking services and reduce dependency on commercial loans. The Sacco Societies (Amendment) …

Shift in Kenya’s Economic Landscape: Business Ownership Rises as Employment Declines

March 12, 2025March 12, 2025 - by Liam Nguyen - Leave a Comment

The Tala report indicates a shift in Kenya’s economy, with rising business ownership and declining full-time employment. The report notes financial struggles among respondents yet maintains a sense of optimism …