CAK Chief Executive Officer Daniel Marube
Marube warns against rushed reforms in cooperatives, calls for more public participation
Cooperative Alliance of Kenya (CAK) Chief Executive Officer Daniel Marube has cautioned the government against rushing reforms in the cooperative sector, warning that hurried implementation of the proposed delegate system could undermine governance and erode member confidence. He called for more time to allow public participation and member education, particularly in rural and agricultural cooperatives….
Commissioner for Co operative Development David Obonyo-Photo|File
Government resumes Sacco registrations with tougher rules to safeguard members’ savings
The government has lifted its year‑long suspension on the registration of new Savings and Credit Cooperative Organisations (SACCOs), but applicants will now face stricter requirements aimed at strengthening governance and protecting members’ deposits. Speaking during the launch of preparations for this year’s International Co-operative Day celebrations, popularly known as Ushirika Day, Commissioner for Co‑operative Development…
Ruto heads to Baku to showcase Kenya’s housing agenda at the World Urban Forum
President William Ruto has left Nairobi for Baku, Azerbaijan, to attend the 13th Session of the World Urban Forum (WUF13), where Kenya will present its Affordable Housing Programme (AHP) as a model for sustainable urban development and economic transformation. The high‑level forum, convened by UN‑Habitat, brings together governments, investors, urban planners, civil society organisations, and…
Ecosteel CEO JohnKerry Otieno speaking yesterday. Photo by Juma Ndigo
Kajiado scrap metal dealers to form Sacco in push for business growth
Scrap metal traders in Kajiado County under Ecosteel association are set to establish a Savings and Credit Cooperative Society (Sacco) aimed at empowering members and strengthening the sector through improved access to financing, training, and business support. The initiative will be implemented in partnership with the Equity Group Foundation as part of efforts to formalize…
A vehicle intercepted by police officers carrying a large consignment of contraband sugar and milk.
Authorities intercept vehicle carrying smuggled sugar and milk at Busia border
Busia police and Kenya Sugar Board officials intercepted a vehicle suspected of transporting contraband sugar and milk during a routine patrol on Amoni–Works Road. The National Police Service reported on X (formerly Twitter) that officers seized several sacks of sugar and cartons of suspected illicit milk, believed to be smuggled from Uganda, during a vehicle…
The Public Accounts Committee (PAC) Chairperson Tindi Mwale-Photo|Courtesy
PAC launches probe into KSh5.2 billion pending bills in maize and fertiliser subsidy programmes
The Public Accounts Committee (PAC) has launched a fresh investigation into KSh5.252 billion in long‑standing pending bills linked to the government’s maize and fertiliser subsidy programmes, raising renewed concerns over delayed payments that have remained unsettled since the 2017/2018 financial year. The inquiry was launched during a session at Bunge Towers in Nairobi, which was…
Savannah Mabati Ltd CEO James Muriithi speaking during the Britam Biashara Network forum-Photo|Courtesy
Entrepreneurs urged to embrace innovation and partnerships to unlock Kenya’s SME potential
Entrepreneurs across Kenya are being pressed to embrace innovation, forge partnerships, and rethink business models as the key to unlocking the full potential of the country’s small and medium‑sized enterprises (SMEs), a sector that remains central to job creation and economic growth despite mounting financial pressures. Industry stakeholders warn that without adaptation, many SMEs risk…
ttorney General Dorcas Oduor-Photo|Courtesy
Attorney General orders Saccos to file annual returns within 60 days or face deregistration
The Office of the Attorney General has issued a stern directive requiring all registered societies, including hundreds of Savings and Credit Cooperative Societies (Saccos), to file their annual returns within the next 60 days or risk enforcement action. In a public notice, the Registrar of Societies reminded organisations that filing annual returns is a legal…
Kisumu to install 1,600 street lights in security boost drive
The County Government of Kisumu has announced plans to install more than 1,600 street lights across the town later this year in a bid to improve security for residents and the business community. The initiative, supported under the Kenya Urban Support Program through the World Bank, is expected to commence in August. City Manager Michael…
Finance Bill 2026 to shake up Sacco digital costs and tax deadlines
Kenya’s proposed Finance Bill 2026 signals a sweeping shift in the tax obligations of Savings and Credit Cooperative Societies (Saccos), touching everything from the digital infrastructure that powers mobile banking to the compliance timelines that govern financial reporting, with most provisions set to take effect on July 1, 2027. The bill, tabled in the National…
