Sacco Review - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Ports SACCO reports higher profit as assets grow in 2025

Sacco ReviewJanuary 30, 202602 mins

Ports SACCO recorded a higher profit for the year ended December 31, 2025, posting Ksh455.3 million, up from Ksh444.2 million in 2024, according to audited financial statements. The SACCO’s total assets rose to Ksh12.3 billion from Ksh10.5 billion, while loans and advances increased to Ksh8 billion from Ksh7 billion. Members’ deposits also grew to Ksh7.1…

Mwea rice farmers welcome construction of Mutithi irrigation canal set to boost production

Sacco ReviewJanuary 30, 202604 mins

Mwea rice farmers in the Mutithi section have welcomed the construction of a major irrigation canal in which is is set to expand rice cultivation by 10,000 acres, a move expected to significantly reduce Kenya’s national rice deficit. The Ksh1 billion project which is being implemented by the National Irrigation Authority (NIA), is scheduled for…

Oparanya: No room for weak governance as SACCO sector expands

Sacco ReviewJanuary 30, 2026January 30, 202605 mins

Cabinet Secretary for Cooperatives and MSMEs Wycliffe Ambetsa Oparanya has warned that there is “no room for weak governance” in Kenya’s SACCO sector as rapid membership growth and rising loan demand increase the responsibility placed on cooperative institutions. Oparanya spoke in Mombasa during the 2026 Annual Delegates Congress (ADC) training for the Kenya National Police…

Garissa livestock farmers, traders decry market neglect, call for improved amenities

Sacco ReviewJanuary 29, 202605 mins

Traders and Livestock farmers operating at the Soko Ng’ombe market in Garissa County have decried in what they term as the market neglect by government, leaving it with no clean toilets nor clean supply of water as well as adequate stalls for fodder traders. They are calling on the government to improve market social amenities…

Ruto urges Nyanza youth to engage in any profitable business as 3,500 benefit from NYOTA funds

Sacco ReviewJanuary 29, 202603 mins

President William Ruto has asked youth to use the knowledge they acquired at any level of their education to engage in any profitable business that can enable them put food on the table for themselves and their families. “Even for those who did not complete primary school education it is not their mistake but we…

Meru Governor assents to Miraa Promotion Act, declares war on miraa cartels, speeding vehicles

Sacco ReviewJanuary 29, 202607 mins

Meru Governor Isaac Mutuma has declared war on miraa cartels and speeding drivers after assenting to the Meru County Miraa Promotion Act, 2025 that enables the devolved unit to enforce miraa regulations. According to Governor Mutuma, the law will smoke out shadowy miraa exporters and cartels believed to be strangling farmers’ earnings. Under the new…

Tower SACCO AGM highlights membership and asset growth

Sacco ReviewJanuary 29, 2026January 29, 202602 mins

Tower SACCO Society Limited celebrated its Golden Jubilee at Ol’Kalou Catholic Parish Grounds, Nyandarua County, during its 50th Annual General Meeting (AGM), which also connected members in the diaspora virtually. The SACCO reported remarkable financial and membership growth despite economic challenges, with active members rising by 29 per cent to 247,858 and share capital and…

RUPSA Sacco moves to auction KUSCCO assets to recover Ksh.108.8 Million

Sacco ReviewJanuary 29, 202603 mins

RUPSA Sacco, formerly known as PCEA Ruiru Sacco, has announced plans to auction the movable assets of the Kenya Union of Savings and Credit Cooperative Limited (KUSCCO) in a bid to recover Ksh.108.8 million in deposits and accrued interest. The move comes after the apex cooperative allegedly failed to comply with court orders directing it…

New Fortis Sacco pays out Ksh1.106 billion in dividends to members

Sacco ReviewJanuary 28, 202603 mins

New Fortis Sacco paid out Ksh1.106 billion in dividends and interest to members after recording growth in assets, loans and membership, officials said during its 50th Annual General Meeting (AGM) held in Nyeri. According to figures presented at the meeting, members received a 14 per cent dividend on share capital and 13 per cent interest…

Kangundo women, youth asked to form groups to access Gov’t affordable loans

Sacco ReviewJanuary 28, 202603 mins

Kangundo Member of Parliament (MP) Fabian Kyule has asked women and youth in the region to form groups that will enable them to borrow loans from government. Kyule decried that the government has allocated funds to the Women Enterprise Fund, Uwezo Fund and many others targeting women and youth, however many are not using them…