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

Governor Nyong’o calls for urban strategic planning to counter influx rural migration

Sacco ReviewSeptember 5, 202503 mins

Kisumu Governor Prof. Anyang’ Nyong’o has called for urgent and strategic planning to ensure sustainable urban development in response to the increasing migration from rural areas to cities. Speaking in Kisumu during a roundtable meeting ahead of the African Smart Cities Conference set to take place in Kisumu next week, Nyong’o emphasized the need for African…

New dawn for tea farmers as Ombasa elected KTDA Vice Chair

Sacco ReviewSeptember 5, 202503 mins

Tea sector has received new leadership as James Omwemo Ombasa elected as the new Vice Chairman of the Kenya Tea Development Agency Holdings Limited (KTDA) In the election, held on Thursday, August 28, 2025, at Enashipai Resort & Spa, Ombasa was officially certified by Returning Officer. As a dedicated tea grower, Ombasa’s victory signals strong…

Blue economy, fisheries, aquaculture stakeholders dismiss Fisheries Bill 2023, call for its withdrawal

Sacco ReviewSeptember 3, 202507 mins

Key stakeholders in the fisheries, aquaculture, and blue economy sector have dismissed the Fisheries Bill 2023 as retrogressive and ill-suited to address the needs of a fast-evolving multi-billion-shilling industry. Aquaculture investors led by the Lake Victoria Aquaculture Association (LVA) Pete Ondeng called for the bill’s immediate withdrawal, terming it a copy-and-paste of the Fisheries Management…

Banks set for new risk-based pricing model as clients with poor credit history to pay more for loans

Sacco ReviewSeptember 3, 202505 mins

Central Bank of Kenya (CBK) Governor Kamau Thugge has announced that in the next three months, commercial banks are expected to have transitioned to the new risk-based pricing models with new loans expected to be priced using the new framework beginning December 1, 2025. The model pegged on the Kenya Shilling Overnight Interbank Average (KESONIA),…

Belgium overtakes USA as top buyer of Kenya’s coffee

Sacco ReviewSeptember 2, 2025September 2, 202505 mins

Belgium has over taken the US as the main export market for Kenya’s coffee in the 2023/24 crop season, tipping investors on the opportunities in the European country, which is currently registering a steady growth in consumption of the beverage, driven by an expanding specialty product. New data shows that Belgium bought 8,275.79 tonnes of…

State to roll out e-voucher system for livestock vaccination to curb diseases

Sacco ReviewSeptember 2, 202503 mins

The state through the Ministry of Agriculture and Livestock Development is set to roll out an electronic voucher (e-voucher) system in counties for livestock vaccination, aiming to improve disease surveillance and livestock management. According to Livestock Development Principal Secretary Jonathan Mueke, security agencies will also leverage the system in the ongoing fight against cattle theft…

Are cooperators prepared for a tough economic season?

Sacco ReviewSeptember 2, 2025011 mins

The cost of living is going high day by day in Kenya and Kenyans are finding it difficult to survive the tough economy. There has been ongoing increase in the prices of goods for the business people getting almost un affordable. Basic necessities like food are also getting expensive which have negatively impacted people’s quality…

Why education for members is key to co-operative transformation

Sacco ReviewSeptember 2, 2025September 3, 202509 mins

In discharging their mandate in line with the fifth co-operative principle as published by the International Co-operative Alliance, co-operative institutions all over the world take the initiative of providing education and training for their members, elected representatives, managers and employees to enhance their capacity to effectively contribute to the development of their co-operative organizations. That…

Meru County seeks to boost revenue with structured parking fees

Sacco ReviewSeptember 2, 202503 mins

The Meru County Government has introduced a new structured approach to seasonal parking revenue collection. The bid is aimed at enhancing revenue collection and strengthening its partnership with the transport sector. The innovative strategy, which targets matatu and taxi operators, is focused to improve compliance, accountability, and efficiency in revenue collection. In a consultative meeting…

Homa Bay fishermen form Sacco to boost income, net wealth in blue economy

Sacco ReviewSeptember 2, 2025September 3, 202506 mins

Fishermen in Homa Bay have formed a Savings and Credit Cooperative Society (Sacco) to boost their income and promote sustainable fishing. This comes after President William Ruto, during the Blue Economy Summit at Tom Mboya University on May 31, gave the Homa Bay Beach Management Unit Sacco Ksh5 million to strengthen its financial base. During…