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The authority’s annual report for the 2024/25 financial year shows that the money was used to purchase computers, laptops, and cover office operations, with no start-up loans or business training disbursed. MSEA confirmed that all the funds received were consumed by operational and consultancy activities.
The Employment and Social Trends 2026 report highlights that 300 million workers are still living in extreme poverty, earning less than $3 (Sh387) a day. Even those in employment are often trapped in low-paying, insecure jobs, showing that having a job does not always protect against poverty.
Data from the Central Bank of Kenya (CBK) shows that cash managed by agents dropped to Sh7.514 trillion between January and November last year, from Sh7.944 trillion during the same period in 2024.
The Kenya Bankers Association has supported a 15 percent government divestiture in Safaricom, urging that 5% be reserved for the public to ease debt pressures and deepen capital markets.
Safaricom dealers have petitioned Parliament over the planned 15 percent state divestiture, warning it could alter the partner business model, hurt SMEs, and affect financial inclusion and digital services.
Treasury records indicate that Huduma Kenya Service (HKS) platforms served 14,121,167 customers during 2024/2025. The period also saw seven new Huduma Centres, funded through the National Government Constituencies Development Fund (NGCDF), become operational, expanding physical access to government services.
Data from the Kenya National Bureau of Statistics (KNBS) indicates that 145,714 motorcycles were registered between January and November 2025, more than double the 68,804 units registered during the entire 2024.
Spacecoin, owned by Space Telecommunications Inc. (STI), said it has received regulatory approval to launch its services in both Kenya and Nigeria.
The new prices will apply from January 15 to February 14, 2026, following a review conducted in line with the law.
ICPAK Chairman Elizabeth Muvui, speaking before the legislators, cautioned that the proposed share price has not been supported by a clearly disclosed valuation methodology,
The bank said the sale process is expected to take between 12 and 15 months, subject to regulatory and other approvals, as part of its strategy to accelerate income growth and improve returns.
The system, developed by the Business Registration Service (BRS), will simplify and secure the process of confirming director appointments, resignations, and share transfers.