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Senate Agriculture committee visit NCPB in Uasin Gishu for oversight activities

Sacco ReviewAugust 26, 202502 mins

The Senate Standing Committee on Agriculture, Livestock and Fisheries, chaired by Bungoma County Senator David Wakoli has commenced its county oversight engagements in Uasin Gishu. The committee began with a courtesy call on Governor Jonathan Bii before proceeding to the National Cereals and Produce Board (NCPB) depot in Eldoret. At the NCPB depot, Senators examined…

CBK survey projects drop in food prices despite soaring inflation

Sacco ReviewAugust 26, 202505 mins

Food prices are expected to decline in the coming months despite a recent rise in inflation. This is according to the Central Bank of Kenya’s (CBK) latest agriculture survey, released in July 2025. The report shows that inflation edged up to 4.1 percent in July compared to the same period last year. However, the majority…

DP Kindiki hails CBK rate cut as signal of economic recovery

Sacco ReviewAugust 26, 202504 mins

Deputy President Kithure Kindiki has welcomed the Central Bank of Kenya’s (CBK) latest move to lower its base lending rate, describing it as a clear indication that Kenya’s economy is regaining stability after years of depression. The CBK reduced its benchmark lending rate by 25 basis points, bringing it down to 9.5 percent. This is…

Parliament urged to fast-track Kenya Roads (Amendment) Bill to salvage development programmes

Sacco ReviewAugust 25, 202505 mins

National Assembly minority leader Junet Mohamed, has called on Parliament to urgently prioritise the Kenya Roads (Amendment) Bill, 2025, warning that delays in passing the legislation could paralyse the country’s roads development programme. Speaking at the opening of the 3rd National Assembly Leadership Retreat in Naivasha, the Suna East MP stressed that the proposed law…

Stiff encounter looms for KTDA vice chair election after Chepkwony demise

Sacco ReviewAugust 25, 2025August 25, 202503 mins

The Kenya Tea Development Agency (KTDA) vice chairperson vacant position has attracted at least three candidates eyeing one of the most influential positions in the country’s tea industry creating creating a stiff encounter as every candidate eye to win. The position of vice-chairmanship is influential as it oversees operations affecting more than 680,000 small-scale farmers…

Mbadi: Export growth and debt discipline are driving Kenya’s economic stability

Sacco ReviewAugust 25, 202503 mins

Treasury Cabinet Secretary John Mbadi, has revealed that the Kenya’s economy is showing signs of growth and stability, thanks to strong export performance and good debt management Speaking during the launch of the 2026/27 budget preparation process at the Kenyatta International Convention Centre (KICC) earlier today, Mbadi said the country’s fiscal position has improved, due…

PS Omollo applauds S&P credit upgrade as boost for Kenya’s economic confidence

Sacco ReviewAugust 25, 202503 mins

Internal Security and National Administration Principal Secretary, PS Dr. Raymond Omollo has welcomed the recent decision by S&P Global Ratings to raise Kenya’s long-term sovereign credit score from ‘B-’ to ‘B’, calling it a strong endorsement of the country’s economic direction under President William Ruto. In a post shared on his official X (Formerly twitter)…

Tea Board calls for tea transport levy waiver, says it eats farmers’ bonuses

Sacco ReviewAugust 25, 202505 mins

The Tea Board of Kenya (TBK) has asked the Mombasa County government to scrap the Ksh7,000 levy charged on every truck transporting tea to the port city. The board says the fee is eating into farmers’ bonuses and weakening the sector’s competitiveness. TBK Chief Executive Willy Mutai explained that in every 21,000 kilos ferried to…

Gov’t grants 10 companies exclusive license to export coffee

Sacco ReviewAugust 25, 202504 mins

The government has issued exclusive coffee export licenses to 10 companies, this marks a significant step in the ongoing efforts to reform Kenya’s coffee sector and boost earning for smallholders farmers. In a gazette notice dated August 22, 2025, the Agriculture and Food Authority (AFA) announced its intention to grant the licenses under the Crops…

SACCOs turn to internal hires to replace exiting top executives

Sacco ReviewAugust 23, 202508 mins

Savings and Credit Cooperative Societies (SACCOs) engaged in the deposit-taking business have maintained the trend of looking internally when seeking to replace retired senior executives. The most recent such top management change occurred at the Meru-based Solution Deposit-Taking SACCO, which saw its long-serving Chief Executive Officer, Daniel Kinyua Marete, retire from the business. His place…