Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Farmers associated with the Vihiga Dairy Cooperative Society have expressed strong opposition to the Vihiga County Government’s attempts to impose new managerial and accounting personnel upon their organization. This contention escalated during a meeting held at the cooperative’s premises, convened by county cooperative officials with the stated aim of briefing members on proposed leadership transitions….
Kenya Commercial Bank (KCB) is set to sell 7 residential units, owned by real estate developer Mahugu Limited, to recover a substantial loan amount. This comes after the court cleared the bank to proceed in the loan recovery spree. The ruling by Justice Peter Mulwa comes amidst a Ksh446 million loan dispute and claims by…
The government has announced significantly reduced customs clearance fees for public-owned cargo, with charges now set at less than 0.6 percent of the total Cost, Insurance, and Freight (CIF), a substantial decrease from the 1.5 to 6 percent typically levied by private clearing and forwarding firms. This strategic move, spearheaded by the State Department for…
The State Department for Social Protection has announced a major overhaul of the Inua Jamii cash transfer system, aimed at eliminating ghost beneficiaries and halting payments to deceased individuals. The move follows revelations that funds have continued to be disbursed to people who died long ago, exposing loopholes in the programme’s verification process. On Monday…
The 2025 World Credit Union Conference (WCUC) kicked off on Monday, July 14, in Stockholm, Sweden and will run through Wednesday, 16 July 2025. Organized by the World Council of Credit Unions (WOCCU), this year’s conference — themed “The Future is Cooperative” — brings together global cooperative leaders to share insights, shape policy, and strengthen…
Members of the National Assembly Committee on Trade, Industry and Cooperatives have questioned the delay in rolling out the National Youth Opportunities Towards Advancement (NYOTA) programme. The programme would have seen 70 Youths in all the wards in the country receive a grant of Sh50, 000 to either start or expand business. The MPs led…
President William Ruto has commended the cooperative sector for creating jobs, enhancing rural livelihoods, and unlocking the full potential of the country’s economic growth as he highlight key achievements in the sector through his administration. In his speech read by Prime Cabinet Secretary Musalia Mudavadi during International Cooperative Day Celebrations at KICC, Nairobi on 12th…
The government has approved a Ksh6.6 billion debt waiver for coffee cooperative societies in coffee-growing counties, aiming to relieve farmers of long standing financial burdens. President William Ruto made the announcement through a speech delivered by Prime Cabinet Secretary Musalia Mudavadi during the 103rd Ushirika Day Celebrations at the Kenyatta International Convention and Conference Centre…
Savings and Credit Cooperative Societies (SACCOs) are being challenged to tighten their systems and take insurance covers on the back of rising cyber-attacks in the era of digital transactions. Cooperatives are increasingly gaining prominence among formal and informal workers and currently hold over Sh800 billion customer deposit—a sum that makes them a target of cyber…
President William Ruto has commended stakeholders, leaders, practitioners, and cooperators for their unwavering dedication and exceptional contribution to Kenya’s socioeconomic advancement through the cooperative model. In a speech read by Prime Cabinet Secretary Musalia Mudavadi during International Cooperative Day Celebrations at Kenyatta International Convention Centre (KICC), Nairobi on July 12, 2025 the president said is…
