Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The National Assembly has passed the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Bill, 2025. The bill will see amendment of the Sacco Societies Act (Cap. 490B), empowering the Sacco Societies Regulatory Authority (SASRA) in regulating the Saccos, the societies have mobilized deposits of members to the tune of more than ksh 1…
Deputy President Prof. Kithure Kindiki has expressed concerns over the delay of Sh1.3 billion Kabonyo Kanyagwal Aquaculture and Fisheries Centre in Nyando sub-county, Kisumu County, saying it might not meet its set timelines. The DP said the multi-billion-shilling initiative, which is currently 15% complete should now be jumpstarted, calling on the contractors on site to…
Imenti Central Member of Parliament Moses Kirima has disbursed Kshs 6.9 million Uwezo Fund to over 80 local groups comprising youth and women in a bid to promote self-reliance and small-scale entrepreneurship. Speaking after disbursing cheques to groups, the law maker emphasized that the money is interest-free and meant for development-focused groups. Kirima also noted…
Meru Governor Isaac Mutuma has assented to the Cooperative Societies Amendment Bill aimed at strengthening governance of the cooperative movement. The assentment ceremony, held at the county headquarters, was attended by members of the County Assembly, representatives of cooperative societies, and various stakeholders from finance and agricultural sectors. Governor Mutuma, while speaking at the ceremony,…
Agriculture Cabinet Secretary Mutahi Kagwe has declared an all-out war on toxic farm chemicals, vowing to rid the country of hazardous substances. Speaking in Meru recently, the CS noted that cancer cases are on the rise and growing fears about food safety in the country. Kagwe’s announcement signals a new era for Kenyan farming focusing on…
Nominated Senator Tabitha Mutinda has petitioned the Senate to urgently probe the financial collapse of Metropolitan National SACCO Limited. Auditors had uncovered Kshs12 billion loss, over 75,000 members were unable to access their savings. Senior officers were dismissed and replaced by a caretaker committee in 2022. In a Statement to the Senate Committee on Trade,…
Rice farmers in West Kano Irrigation Scheme have been encouraged to join cooperatives to improve their yields, The farmers drawn from Kolwa, Ahero, and Kobura Ward were told the move would secure better markets, and maximize returns on investment through fair pricing. Speaking during the Annual General Meeting at Nyang’ande Centre in Kabonyo Kanyagwal, Kadibo…
The Kenya Sugar Board (KSB) is moving into the next phase of subsidiary legislation to enforce the Act following a series of public participation meetings designed to gather insights from cane farmers about the proposed Sugar Act of 2024, This next step involves conducting a comprehensive Regulations Impact Assessment (RIA), guided by the Statutory Instruments…
Kenya Bureau of Standard (KEBS), Mount Kenya Regional Manager Jacqueline Kang’iri urged members of the public to be vigilant when purchasing goods by checking out for the KEBS standardization Mark. “We urge residents to always verify that the products they buy have the KEBS standardization mark. This is one of the surest ways to protect…
Agriculture and Livestock Development Cabinet Secretary, Mutahi Kagwe, has issued a two week ultimatum to all miraa traders and exporters to comply with the government’s set minimum prices or face delisting. Speaking during a Farmers’ Day event in Meru, CS Kagwe warned that non-compliant traders will be required to reapply for licenses and clearly state…
