President William Ruto receiving a report from experts who reviewed the governance and operations of SACCOs at State House in Nairobi/Photo Courtesy
Ruto calls for Sacco overhaul to improve governance, technology
President William Ruto has called for transformation of Savings and Credit Cooperative Organisations (SACCOs) into stronger, more efficient institutions that directly benefit Kenyan communities. Speaking at State House in Nairobi, after receiving a report from experts who reviewed the governance and operations of SACCOs, President Ruto said there is need for SACCOs to modernize systems,…
Co-operatives and MSME Development CS Wycliffe Oparanya (centre) with Prof. Margaret Kamar and Uasin Gishu DG Evans Kapkea during the MUSCO Sacco meeting in Eldoret/Photo Courtesy
MUSCO Sacco back to business after Govt reinstates its license
The once-struggling Moi University Savings and Credit Society (MUSCO) is set to resume operations after the government reinstated its operating certificate, renewing members hope of securing their savings. This happened on Monday as Uasin Gishu leadership led by Deputy Governor Evans Kapkea, hosted a consultative meeting with the Cabinet Secretary (CS) Cooperatives and MSMEs Development, Wycliffe Oparanya…
Seth Mwabe Okwanyo in court/Photo Courtesy
Detectives arrests University drop out for allegedly hacking microfinance siphoning Ksh11Million
Detectives from the Banking Fraud Investigation Unit (BFIU) have arrested and arraigned former Meru University student Seth Mwabe Okwanyo for allegedly orchestrating a fraudulent scheme that siphoned off Ksh11.4Million from a leading microfinance institution. The 26-year-old self-trained cybersecurity engineer arrest follows a formal complaint lodged by the Microfinance institution, detailing a shocking incident that occurred…
Stima DT Sacco Officials during the Mpawa Insurance Brokerage lanch/Photo by Roy
Stima Sacco launches Mpawa Insurance Brokerage to expand member services
Stima DT Savings and Credit Cooperative Society Limited (Stima Sacco) has officially elevated its insurance services through the launch of its fully-fledged subsidiary, Mpawa Insurance Brokerage. The launch event, held on Wednesday, February11, 2026, marks a decisive strategic transition for the unit, which has evolved from its previous status as Mpawa Insurance Agency into a…
Nawiri Sacco tent during the a past exhibition/Photo Courtesy
Nawiri Sacco advertises 3 job positions
Nawiri Sacco has advertised for three job vacancies, calling for the recruitment of qualified personnel to join its team. The job positions advertised are Branch Operation Officer one post (1), Loan Officer (1) and Roaming Debt Collection officer (1). For application, candidates should send their applications accompanied by a detailed CV and copies of relevant…
Limlak SACCO offices. Photo/Courtesy
Limlak SACCO invites contractors ahead of FOSA and HQ construction
Limlak Savings and Credit Cooperative Society (SACCO) has invited interested contractors to submit Expressions of Interest (EOI) and pre-qualification documents ahead of the planned construction of its Front Office Service Activity (FOSA) and headquarters building. In a notice issued by the SACCO, Limlak directed interested contractors to download the EOI and pre-qualification forms through the…
Kirinyaga county residents during the public participation/Photo Courtesy
Kirinyaga residents take cautionary stance on Safaricom shares divestiture, say proceeds should prioritise agriculture, education & health
Kirinyaga County residents have raised concerns over the proposed partial divestiture of the Government of Kenya’s shares in Safaricom, particularly over the possibility of Vodacom emerging as the largest shareholder. Speaking during a public participation forum on Sessional Paper No. 3 of 2025, residents questioned the long-term impact of the proposed sale on Safaricom’s infrastructure…
Financial management expert FCPA Dan Githinji
TNT SACCO holds financial literacy workshop ahead of 50th anniversary
TNT SACCO has held a Members Empowerment Workshop aimed at strengthening financial literacy among its members as the cooperative prepares to mark its 50th anniversary next year. The workshop, themed “Saving for Investment,” brought together members from Turkana, Kachibora, Kiminini and Endebess, focusing on savings discipline, investment planning and long-term wealth creation. Financial management expert…
Mentor Sacco members following proceedings during the 49th Annual General Meeting.
Mentor Sacco AGM pays Ksh1.64 billion member returns
Mentor Sacco Society Limited has paid member returns totaling Ksh1.64 billion, including a 15 per cent dividend on share capital and 12.5 per cent interest on non-withdrawable deposits, following a strong financial performance in 2025. The payment was announced during the Sacco’s 49th Annual General Meeting (AGM) held on January 31, 2026, in Murang’a, where…
PS for Agriculture, Dr. Paul Rono( r) before the National Assembly Agriculture and Livestock Committee/Photo Courtesy
Pest control and plant protection bills to boost food safety and security, PS tells MPs
The proposed Plant Protection Bill, 2025 and Pest Control Products Bill, 2025 are expected to significantly strengthen food safety and security in Kenya, the Principal Secretary for Agriculture, Dr. Paul Rono, has told Members of Parliament. Dr. Rono made the remarks while appearing before the National Assembly Agriculture and Livestock Committee to sensitise members on…
