Sacco Review

.From Right, Machakos County Secretary Dr. Muya Ndambuki, Finance Executive Catherine Mutanu,Chief Officer Economic Planning Lawrence Maingi and Chief Officer ICT Ian Obare during a Press briefing at the Finance Executive's office on July 14,2026.Photo/Stephen Muthini.

Machakos finance boss back at her desk, reports Sh3.352 billion revenue haul after court ruling

Machakos Finance CECM Catherine Mutanu resumed office after a High Court order halted her impeachment. Mutanu said county revenue rose from Ksh2.1 billion to Ksh3.352 billion in the 2025/26 financial year. She attributed delayed Assembly payments to late submission of financial requests, not her department. Machakos County Finance, Economic Planning, Revenue Management and ICT County…

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Chairman of the Kisumu County Ushirika Council addressing stakeholders. Photo: Courtesy
Chairman of the Kisumu County Ushirika Council addressing stakeholders. Photo: Courtesy

SACCO leaders urged to embrace transparency and youth inclusion

SACCO leaders have been urged to uphold transparency and accountability to strengthen member trust and growth. Youth have been encouraged to join Saccos, while leaders were warned against corruption. Kisumu County is developing a new cooperative policy to boost the sector’s competitiveness. Sacco leaders have been urged to be transparent and accountable since building trust…

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Members of Mentor Sacco following through during the 49th annual general meeting. Photo: Courtesy

Resilient growth of Mentor Sacco, from humble beginning to Tier 1 Sacco

Mentor Sacco has grown into a Tier 1 Sacco with over Ksh18.47 billion in assets. Members earned a 15% dividend and 12.5% interest on deposits in 2025. The Sacco is expanding through digital services, new products and membership growth As Kenya joined the rest of the world in celebrating the International Day for Co-operatives on…

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Hazina Sacco National Chairman, Evans Kibagendi leads the Society staff and other stakeholders in Gala Dinner to celebrate the Sacco's journey.

How Hazina Sacco’s CSR activities is changing lives a mid-growth and expansion

Hazina Sacco is transforming communities through clean water projects in Kwale and West Pokot. In 2025, assets grew to Ksh18.7 billion as membership, deposits and loans all increased. The Sacco continues to expand its services and community impact across Kenya. Hazina Sacco has been on the frontline in transforming lives through its robust Corporate Social…

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Mwalimu National DT Sacco CEO Kenneth Odhiambo speaking during a past event. Photo: Courtesy

SACCOs reject claims State can dictate investment of members’ savings

SACCOs say the State cannot dictate how members’ savings are invested. Mwalimu DT Sacco CEO says investment decisions are made independently by members. The remarks follow debate over proposals involving Sacco funds and the National Infrastructure Fund. Savings and Credit Cooperative Organizations (SACCOs) have dismissed claims that the government can dictate how members’ savings are…

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President Ruto while launching the NYOTA tranche II at Ulinzi Sports Complex on July 10, 2026. photo/Courtesy

Government disburses Ksh 153.7M NYOTA Fund to young entrepreneurs in Mt. Kenya East

More than 6,150 youth in Mount Kenya East have received Ksh 153.75 million in NYOTA grants. The NYOTA programme has so far disbursed over Ksh 3 billion to more than 122,000 youth nationwide. CS Geoffrey Ruku urged residents to back the government’s development agenda. The government has disbursed Ksh 153.75 million from the National Youth…

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The National Assembly during a previous session-Photo|National Assembly KE

National Assembly moves to calm fears over Sacco savings in proposed law

Parliament has dismissed claims that the proposed Sacco law will allow the government to access members’ savings or control Sacco management. The Bill seeks to strengthen regulation, improve financial stability and establish a secondary Sacco to provide shared services for member cooperatives. The National Assembly says the legislation is still undergoing public participation, with stakeholder…

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Kisumu Governor Peter Anyang Nyong'o interacting with organizers outside his office while flagging off promotional activities for the upcoming event. Photo: Courtesy

Nyong’o advocates for year-round agricultural show to boost innovation

Governor Nyong’o wants the ASK Kisumu Show to become a year round event to boost agricultural innovation. The show has been elevated to national status and will run from July 22 to 26. This year’s exhibition will focus on climate smart agriculture and sustainable economic growth. Kisumu Governor Peter Anyang’ Nyong’o has called for the…

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Kuramo Founder and Chief Executive Officer (CEO) Walé Adeosun. Photo: Courtesy

Kuramo Capital Management seals Ksh.64.5B from African Pension funds to expand investment platform

Kuramo secured Ksh64.5 billion to expand investments across Africa. The funding is backed by African pension funds and development finance institutions. The firm says the platform will boost private investment and economic growth. Kuramo Capital Management has announced the closing of investment mandates worth approximately $500 million (about Ksh 64.5 billion). The funding comes primarily…

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Officials from TDT, Cavalry Development Organization and the county government presenting the signed MoU. Photo Courtesy

Turkana County strengthens ties with development partners through new MoU

Turkana County signed an MoU with TDT and Cavalry Development Organization to better coordinate development projects. Deputy Governor Dr. John Erus said the partnership will align donor programs with county priorities and reduce duplication. The two organizations said the MoU strengthens their role in supporting development across key sectors. County Government of Turkana has strengthened…

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