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KR positions its Marine Division a key player in regional logistics as plans to expand emerge

Sacco ReviewJune 17, 202508 mins

Kenya Railways, (KR) is positioning its Marine Division as a key player in regional logistics, with bold plans to expand marine transport services across Lake Victoria. With two cargo vessels — MV Uhuru I and the recently commissioned MV Uhuru II — already operating on separate routes, the state corporation is capitalizing on growing demand…

Agriculture CS urges counties to protect ASK lands against grabbers, encroachment

Sacco ReviewJune 17, 2025June 17, 202505 mins

Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe has firmly directed county governments across the country to protect Agricultural Society of Kenya (ASK) parcels of lands from encroachment and land grabbers. Speaking during the official opening of the 2025 ASK Kakamega show, Kagwe stressed that the property must remain under ASK’s control and be made…

Gov’t to construct nuclear power plant in Siaya County, to boost power supply

Sacco ReviewJune 17, 202503 mins

The government through the Ministry of Energy has unveiled ambitious plans to establish a multi-billion dollar nuclear power plant in Siaya County. Energy Cabinet Secretary Opiyo Wandayi announced the initiative recently, highlighting the government’s commitment to ensuring an adequate and reliable power supply for industries, businesses, and homes. “This power plant will supply electricity to…

Gov’t to support 70 SMEs in every Ward via NYOTA program – Kindiki says

Sacco ReviewJune 17, 202504 mins

Deputy President Kithure Kindiki has revealed that the government is targeting to support 70 Small and Micro Enterprises (SMEs) in every Ward through the National Youth Opportunities towards Advancement (Nyota) Program. Each business will get a capital injection of Sh50, 000 to boost operations in order to grow the economy Prof Kindiki said. Speaking at…

Sacco stakeholders plant trees to mark Ushirika Environment Day 2025

Sacco ReviewJune 16, 2025June 17, 202502 mins

Sacco stakeholders on Saturday joined hands in a vibrant tree planting exercise at Jamhuri Show Grounds to celebrate Ushirika Environment Day 2025 under the theme “Co-operatives Build a Better World,” The exercise was in preparation for the 103rd International Day of Cooperatives, which will be observed on July 5th (county ushirika day celebrations) and 12th…

SACCOs urged to develop strong strategic plan to keep them afloat in business

Sacco ReviewJune 16, 2025June 17, 202504 mins

Kisii County Trade, Tourism, and Marketing Executive Committee Member (ECM) Cyrus Nyabicha has urged the societies to develop strong strategic plans that will guide their operations and keep them afloat in the competitive business environment. Nyabicha spoke at Kisii Agricultural Training Center (KATC) during the commissioning of the Gusii Youth Bunge Savings and Credit Cooperative…

Govt to merge Uwezo Fund, Youth Fund and Women Enterprise Fund into a single entity

Sacco ReviewJune 16, 202503 mins

The national government will now merge the Uwezo Fund, Youth Fund, and Women Enterprise Fund into a single entity that is the Biashara Fund. This will help in streamlining access to financing for small businesses and eliminate loopholes that have led to misuse, Cabinet Secretary for Co-operatives and MSMEs Wycliffe Oparanya has said. Oparanya, who…

Kenyans face potential food shortages as agriculture budget slashed

Sacco ReviewJune 14, 202504 mins

The agricultural sector faces a significant setback following a substantial budget cut in the latest national allocation. Treasury Cabinet Secretary John Mbadi announced a reduction of Ksh7 billion for agriculture, bringing the total allocation to Ksh47.6 billion down from Ksh54.6 billion in the previous fiscal year. This move has sparked considerable concern, with warnings that…

Kisumu County to sets up various interventions to empower SMEs; Deputy Governor reveals

Sacco ReviewJune 14, 202507 mins

Kisumu Deputy Governor Dr. Mathew Owili has said the county government has reaffirmed its commitment to empowering Micro, Small and Medium Enterprises (MSMEs) through a range of targeted interventions. Owili said the move is aimed at enhancing competitiveness, unlocking growth opportunities, and positioning local businesses for regional and global markets. MSMEs, he said, play a…

Unpacking the Cooperative Bill 2024: A new era for Kenya’s Cooperative sector

Sacco ReviewJune 14, 2025011 mins

As Kenya strides into a transformative phase of its economic landscape, the Cooperative Bill 2024 has emerged as a pivotal piece of legislation poised to reshape the country’s cooperative sector. The law before the Senate comes amid a backdrop of economic challenges and calls for reform. This bill promises to modernize governance, enhance accountability, and…