CAK CEO Daniel Marube during the parliamentary engagement. Photo Courtesy
Sacco leaders push Parliament for sector reforms in new cooperative bill
Leaders in Kenya’s cooperative movement have intensified pressure on Parliament to amend the proposed Sacco Societies (Amendment) Bill, warning that several clauses risk diluting the identity and operational independence of Savings and Credit Cooperative Organisations (SACCOs). The Co-operative Alliance of Kenya (CAK), the umbrella body representing the country’s cooperative sector, tabled a detailed memorandum before…
Cooperatives Principal Secretary Patrick Kilemi speaking during the past event. File photo
Basket of changes presents do-or-die moment for Kenya’s co-operative sector
Kenya’s co-operative sector, which is holding over Ksh1.3 trillion in deposits, is facing a do-or-die moment as a basket of proposed changes sets the stage for one of the single-largest overhauls in the sector’s history. The sweeping reforms, through the Sacco Societies (Amendment) Bill, 2025 and the report from the committee of experts hired by…
Agriculture Cabinet Secretary Mutahi Kagwe speaking to the National Assembly Departmental Committee on Agriculture and Livestock on May 13, 2026-Photo|Courtesy
Kagwe defends 0.8 % tea export levy, says measure will protect farmers and expand markets
Agriculture Cabinet Secretary Mutahi Kagwe has warned against attempts to roll back the newly introduced 0.8 per cent tea export levy, insisting the charge is vital to finance marketing, research, and value‑addition programmes aimed at revitalising Kenya’s tea industry. Appearing before the National Assembly Departmental Committee on Agriculture and Livestock, Kagwe defended the Tea Levy…
AFA Chairman Cornelly Serem during a stakeholders' visit in Lamu-Photo|Courtesy
Government push to revive cotton industry, aims at job creation and local fashion growth
The Agriculture and Food Authority (AFA) has identified the cotton value chain as a critical engine for job growth, particularly for the youth, and is urging Kenyans to embrace locally produced fabrics over imports. Speaking during a stakeholders’ meeting in Lamu, AFA Chairman Cornelly Serem challenged citizens to rethink their consumption habits. “When you are…
Understanding how Sacco dividends and rebates are calculated
When a Savings and Credit Co-operative Organization (SACCO) declares an annual surplus, members typically receive returns in two main forms: dividends on share capital and rebates on deposits. Dividends on Share Capital Dividends are payments made to members based on the number of shares they hold in the SACCO. These payments are made from the…
EPRA has developed regulations that will crack open the power distribution market to private investors, dismantling Kenya Power and Lighting Company's (KPLC) grip on electricity supply that has held for decades.
EPRA opens Kenya’s electricity market to private players, ending Kenya Power’s decades-long monopoly
Kenya’s electricity sector is set for a historic shake-up after the Energy and Petroleum Regulatory Authority (EPRA) developed regulations that will crack open the power distribution market to private investors, dismantling Kenya Power and Lighting Company’s (KPLC) grip on electricity supply that has held for decades. The draft Energy (Electricity Market, Bulk Supply and Open…
Kajiado MCAs during the Committiee session. Photo Courtesy
Kajiado MCAs raise alarm over collapse of agricultural mechanization services
The Kajiado Members of County Assembly (MCAs) have raised serious concerns over the deteriorating state of agricultural mechanization services following the adoption of a report by the Committee on Agriculture, chaired by Joseph Mutunkei. The Committee’s oversight findings paint a troubling picture of neglect, mismanagement, and loss of critical public assets meant to support farmers…
CS Wycliffe Oparanya before the Senate Standing Committee on Trade, Industrialisation and Tourism at Bunge Tower on Tuesday, May 12, 2026-Photo|Courtesy
Oparanya briefs senators over KUSCCO’s KSh12B deficit as SACCO reforms intensify
Cabinet Secretary for Co‑operatives and MSMEs Development Wycliffe Oparanya has disclosed that the Kenya Union of Savings and Credit Cooperatives (KUSCCO) is grappling with a financial deficit of nearly Ksh12 billion, a crisis uncovered through a forensic audit that revealed years of misreported profits. The revelation comes as the government intensifies reforms aimed at restoring…
Western Kenya farmers urged to embrace coffee farming amid declining sugarcane profits
Farmers across Western Kenya are being urged to diversify into coffee farming as part of government efforts to revive agricultural incomes in the region. Speaking during a sensitisation forum in Busia County, Cooperatives Cabinet Secretary Wycliffe Oparanya said coffee offers far better returns than traditional crops such as sugarcane and maize, which have suffered declining…
2NK Sacco Karatina branch/photo courtesy
2NK Sacco allocates Ksh80 million for new headquarters in Nyeri
2NK Sacco has unveiled plans to acquire its own building in Nyeri at a cost of KSh 80 million, a move aimed at cutting operational expenses and consolidating its services under one roof. The investment follows a resolution passed during the 2025 Annual General Meeting (AGM) Chairman Ephraim Karimi confirmed that the Sacco has already…
