Sacco Review

SASRA CEO, CPA David Amiani Sandagi. Photo/Courtesy

SASRA clarifies regulatory boundaries for Secondary Saccos in proposed 2025 bill

SASRA says secondary Saccos will not offer retail services. Bill seeks to protect member savings through a Deposit Guarantee Fund. Reforms also strengthen liquidity management and interbank access The Sacco Societies Regulatory Authority (SASRA) has pushed back against widespread misinformation surrounding the proposed Sacco Societies (Amendment) Bill, 2025, clarifying that the bill will not allow…

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Homa Bay farmers celebrate first rice harvest as revived irrigation project delivers

Homa Bay farmers celebrate first rice harvest under revived irrigation scheme. Government begins buying paddy as farmers expect improved incomes. Project boosts food security and supports commercial rice farming. Hundreds of smallholder farmers in Homa Bay County are celebrating their first rice harvest after the revival of the Kimira-Oluch Smallholder Farm Improvement Project (KOSFIP). The…

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Kisumu Central Deputy County Commissioner Tom Tarus flagging off the harvest festival procession. Photo courtesy

ASK Kisumu to give harvest festival proceeds to special schools ahead of national show

ASK Kisumu will donate harvest festival proceeds to two special schools. The July 22 to 26 national show will feature over 200 exhibitors. Organisers promise subsidised entry for special schools and enhanced security The Agricultural Society of Kenya (ASK) Kisumu Branch will hand over proceeds of this year’s harvest festival to selected special schools within…

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GDC Board Chairman, Hon. Walter Nyambati, unveils the commemorative plaque during the groundbreaking ceremony for the new GDC Laboratory at Kabarak site. Photo courtesy

GDC breaks ground on Ksh500 million laboratory complex in Nakuru

GDC has launched construction of a Ksh500 million geothermal laboratory and office complex in Nakuru. The facility will boost geothermal research, exploration and technical training. GDC says the project will strengthen Kenya’s clean energy sector and geothermal expertise. The Geothermal Development Company (GDC) has launched construction of a new Geothermal Science and Analytical Laboratory and…

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(L-R) Joachim Westerveld, Director of Maxim Agri; Eng. Peter Njenga, Managing Director & CEO of KenGen; and Ronoh Kibet, General Manager of Commercial Services at KenGen, celebrate the signing of an electricity supply agreement in Naivasha. Photo courtesy

KenGen signs fifth investor at Olkaria green energy park

KenGen signs fifth investor at Olkaria Green Energy Park with a KSh2.6 billion fish feed plant. Company plans to double geothermal capacity to 1,500MW by 2034 through public private partnerships. New facility will be the region’s largest fish feed plant, targeting markets across East Africa. Kenya Electricity Generating Company (KenGen) has signed its fifth investor…

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Sub-County representatives of boda boda rider self-help groups, together with Nyeri Deputy Governor Kinaniri Waroe (3rd from left) after the meeting

Nyeri County plans SACCO for boda boda riders

Nyeri County plans to establish a countywide SACCO for boda boda riders through a phased rollout from ward to county level. The SACCO aims to expand access to affordable financial services, promote savings, and support the growth of riders’ businesses. Nyeri County plans to establish a county-level Savings and Credit Co-operative Organisation (SACCO) for boda…

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Taifa Sacco officials showcase the institution’s new Enterprise Resource Planning (ERP) system. Photo/Amos Kiarie

Taifa DT Sacco launches five year strategy to drive digital growth

Taifa DT Sacco has launched a 2026 to 2030 strategy focused on digital growth and innovation. The Sacco will introduce a new ERP system, revamp products and expand its insurance business. It has also lowered the minimum share capital for loans from Ksh10,000 to Ksh2,000 to improve access to credit. Taifa DT Sacco has unveiled…

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Stima SACCO National Chairman, Dr. (Eng.) Joseph Siror.

How Stima Sacco is driving financial empowerment through sustainability

Stima SACCO onboarded 20,674 members and disbursed Ksh29.19 billion in loans in FY2025, expanding financial inclusion. The SACCO is advancing sustainability through green financing, ESG integration, and alignment with key UN Sustainable Development Goals. Innovation and climate action are driving long term growth through digital transformation and environmentally responsible operations Stima DT Sacco, Africa’s second…

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KUSCCO Centre

Govt to turn KUSCCO into federation under sweeping Sacco reforms

Government plans to transform KUSCCO into a federation under the proposed Cooperative Societies Bill. Oparanya says the reforms will strengthen governance, accountability and confidence in the Sacco sector. KUSCCO’s restructuring follows the Ksh13.3 billion scandal and ongoing asset recovery efforts. The government is preparing far reaching reforms in the cooperative sector that will see the…

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(L-R) Ministry of Defence Principal Secretary Dr. Patrick Mariru, Chief of the Defence Forces (CDF) General Charles Kahariri, State Department for Housing and Urban Development Principal Secretary Charles Hinga, and KCB Bank Kenya Managing Director Annastacia Kimtai display the signed partnership documents during the official launch of the Kenya Defence Forces (KDF) Mortgage Scheme. Photo courtesy

KCB, KDF launch mortgage scheme to help 50,000 military officers own homes

KCB, KDF and government agencies launched a mortgage scheme for over 50,000 military officers. The programme will finance home purchases, construction, renovations and affordable housing. KDF says the initiative will boost troop welfare through increased home ownership. Kenya Commercial Bank (KCB), the Kenya Defence Forces (KDF), the Civil Servants Housing Scheme Fund and the Affordable…

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