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

DP Kindiki pledges tangible economic growth in Baringo County

Sacco ReviewAugust 15, 202506 mins

Deputy President Kithure Kindiki has reaffirmed that President William Ruto’s administration is delivering on its commitment to transform Kenya, with visible strides in economic growth and development across key sectors. Speaking at his Karen residence in a meeting with more than 3500 Baringo leaders, Kindiki assured Kenyans that peace, economic recovery, infrastructure, and healthcare reforms are firmly underway….

Senator Murungi lauds President Ruto for Signing County Assemblies Autonomy Bill into Law

Sacco ReviewAugust 15, 202504 mins

Meru Senator Kathuri Murungi has lauded President William Ruto for assenting to a landmark bill that grants fiscal and administrative independence to county assemblies across the country. The bill, authored by Senator Murungi, aims to empower the 47 county assemblies by providing them with direct access to funds, enabling them to carry out their oversight…

Meru Governor demands justice after Muguka traders attacked in Embu

Sacco ReviewAugust 15, 202503 mins

Meru Governor Isaac Mutuma has called for swift action against those linked to the destruction and looting of property that targeted Meru Muguka traders at Siakago Market in Embu County. The unrest, which culminated in day-long clashes between traders and members of the Mbeere community, left stalls torched and businesses wiped out. Speaking to displaced traders…

Private sector injects KSh12.5B into Galana-Kulalu irrigation project

Sacco ReviewAugust 14, 202504 mins

Kenya’s flagship Galana-Kulalu Food Security Project has received a major boost through a Sh12.5 billion private sector investment under a Public-Private Partnership (PPP) model, signaling renewed momentum in the country’s quest for agricultural transformation. Spanning 1.5 million acres across Kilifi and Tana River counties, the initiative is designed to enhance food production, create jobs, and…

Certification issues stall miraa farmers access to Djibouti Market

Sacco ReviewAugust 14, 202504 mins

A promising miraa export deal between Kenya and Djibouti is facing early uncertainties, as Kenyan traders struggle to meet certification requirements thus delaying access to a market worth over KSh20 million daily. The Agriculture and Food Authority (AFA) recently announced that Kenya had secured approval to supply up to 20 tonnes of miraa per day…

CBK explains shilling’s 11-month stability at KSh129 to the dollar

Sacco ReviewAugust 14, 202504 mins

The Kenyan Shilling has stayed within a narrow range of about Ksh129 to the US dollar for more than 11 months. It has defied global economic turbulence and high debt obligations. The Central Bank of Kenya (CBK) attributes this stability to strong foreign exchange inflows, healthy reserves and prudent economic management. Governor of CBK, Kamau…

Audit uncovers deep financial rot at Agricultural Finance Corporation

Sacco ReviewAugust 14, 2025August 14, 202504 mins

An audit on the Agricultural Finance Corporation (AFC) has revealed systemic mismanagement, fraud, and operational failures that could cost taxpayers and farmers hundreds of millions. The findings, released by Auditor General Nancy Gathungu, paint a picture of a government agency in disarray, struggling to recover loans, manage payroll, and safeguard public funds. The review, covering…

Afya Sacco in crisis as SASRA probes KSh550 million misappropriation

Sacco ReviewAugust 14, 202504 mins

The Sacco Societies Regulatory Authority (SASRA) has launched a recovery effort targeting over KSh550 million allegedly misappropriated by the management of Afya Sacco Society Ltd. The regulator’s intervention follows a damning inspection report that uncovered a trail of unaccounted withdrawals, excessive allowances, and undocumented cash transactions spanning more than two years. According to a letter…

Kenya sends first 54 tonnes of macadamia nuts to China

Sacco ReviewAugust 14, 2025August 14, 202503 mins

Kenya has shipped 54 tonnes of macadamia nuts to Hunan Province in China, marking the first batch of such exports to the region this year. The consignment is part of the government’s plan to increase macadamia shipments to the Chinese market, which is expected to reach 2,000 tonnes by the end of 2025. The delivery…

Wandayi: KPC sale won’t raise fuel prices

Sacco ReviewAugust 14, 202503 mins

Energy and Petroleum Cabinet Secretary Opiyo Wandayi has downplayed concerns that the partial divestment of Kenya Pipeline Company (KPC) could lead to fuel price hike. Speaking before the National Assembly as they examined Sessional Paper No. 2 on KPC’s planned privatization, Wandayi emphasized that existing regulatory frameworks remain intact. “We believe privatization of the company…