August 4, 2026
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Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

The Leading Newspaper for Co-operative Movement in Kenya

Sacco Review

Cargo containers at a sea port. Photo courtesy

KRA introduces advance cargo declaration platform for containerised shipments ahead of August launch

Sacco Review05 mins

KRA will make Advance Cargo Declaration (ACD) mandatory for all containerised imports from August 3. Exporters must secure an ACD reference code before cargo is loaded. The system aims to improve security and speed up customs clearance. Kenya Revenue Authority (KRA) has announced the launch of its new Advance Cargo Declaration (ACD) platform. Starting Monday,…

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Kakamega County Chief officer water and climate change Dr. Mariam Were speaking during the project launch. Photo Courtesy

FLLoCA programme invests in hatchery and tree nursery in Kakamega

Sacco Review05 mins

FLLoCA launches poultry hatchery expansion and climate smart tree nursery projects in Kakamega. Butere hatchery to produce over 60,000 day old chicks per cycle to boost food security and farmer incomes. Khwisero tree nursery will raise 150,000 seedlings to support afforestation and climate resilience. The County Government of Kakamega, through the Financing Locally Led Climate…

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SASRA acting CEO
CPA David Amiani Sandagi, SASRA CEO. Photo: Courtesy

Your savings are safe: SASRA clarifies deposit protection in new SACCO bill

Sacco Review03 mins

SASRA says proposed SACCO Bill will establish a Deposit Guarantee Fund to protect members’ eligible savings. Regulator says reforms will strengthen liquidity management and improve stability across the SACCO sector. Clarification comes amid misinformation linking members’ savings to the National Infrastructure Fund. The Sacco Societies Regulatory Authority (SASRA) has clarified that the proposed Sacco Societies…

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Peter Ngugi, Chairman Tower Sacco speaking during the 50th AGM. Photo: Courtesy

Tower SACCO’s golden jubilee crowns five decades of explosive growth

Sacco Review08 mins

Tower SACCO marks 50 years with assets growing to Ksh34.56 billion and membership surpassing 247,800. Sacco paid Ksh2.88 billion to members after posting Ksh1.29 billion surplus before tax. Expansion drive sees 31 branches, new digital services and plans to grow assets to Ksh80 billion by 2030. Tower SACCO Society Limited arrived at this year’s Ushirika…

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Stima Sacco CEO Dr. Gamaliel Hassan speaking during an interview on a local radio station. Photo: Courtesy

Saccos clarify Ksh1.2 trillion assets are largely tied up in member loans

Sacco Review04 mins

Ksh950 billion of Sacco assets already lent to members Saccos say Ksh1.2 trillion assets are not idle cash Sector clarifies loans account for nearly 80 per cent of Sacco assets Kenya’s Sacco sector has clarified that its Ksh1.2 trillion asset base does not represent cash held in bank accounts, noting that nearly 80 per cent…

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From Right, Machakos County Secretary Dr. Muya Ndambuki, Finance Executive Catherine Mutanu,Chief Officer Economic Planning Lawrence Maingi and Chief Officer ICT Ian Obare during a Press briefing at the Finance Executive's office on July 14,2026.Photo/Stephen Muthini.

Machakos finance boss back at her desk, reports Sh3.352 billion revenue haul after court ruling

Sacco Review03 mins

Machakos Finance CECM Catherine Mutanu resumed office after a High Court order halted her impeachment. Mutanu said county revenue rose from Ksh2.1 billion to Ksh3.352 billion in the 2025/26 financial year. She attributed delayed Assembly payments to late submission of financial requests, not her department. Machakos County Finance, Economic Planning, Revenue Management and ICT County…

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Chairman of the Kisumu County Ushirika Council addressing stakeholders. Photo: Courtesy
Chairman of the Kisumu County Ushirika Council addressing stakeholders. Photo: Courtesy

SACCO leaders urged to embrace transparency and youth inclusion

Sacco Review04 mins

SACCO leaders have been urged to uphold transparency and accountability to strengthen member trust and growth. Youth have been encouraged to join Saccos, while leaders were warned against corruption. Kisumu County is developing a new cooperative policy to boost the sector’s competitiveness. Sacco leaders have been urged to be transparent and accountable since building trust…

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Members of Mentor Sacco following through during the 49th annual general meeting. Photo: Courtesy

Resilient growth of Mentor Sacco, from humble beginning to Tier 1 Sacco

Sacco Review08 mins

Mentor Sacco has grown into a Tier 1 Sacco with over Ksh18.47 billion in assets. Members earned a 15% dividend and 12.5% interest on deposits in 2025. The Sacco is expanding through digital services, new products and membership growth As Kenya joined the rest of the world in celebrating the International Day for Co-operatives on…

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Hazina Sacco National Chairman, Evans Kibagendi leads the Society staff and other stakeholders in Gala Dinner to celebrate the Sacco's journey.

How Hazina Sacco’s CSR activities is changing lives a mid-growth and expansion

Sacco Review08 mins

Hazina Sacco is transforming communities through clean water projects in Kwale and West Pokot. In 2025, assets grew to Ksh18.7 billion as membership, deposits and loans all increased. The Sacco continues to expand its services and community impact across Kenya. Hazina Sacco has been on the frontline in transforming lives through its robust Corporate Social…

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Mwalimu National DT Sacco CEO Kenneth Odhiambo speaking during a past event. Photo: Courtesy

SACCOs reject claims State can dictate investment of members’ savings

Sacco Review04 mins

SACCOs say the State cannot dictate how members’ savings are invested. Mwalimu DT Sacco CEO says investment decisions are made independently by members. The remarks follow debate over proposals involving Sacco funds and the National Infrastructure Fund. Savings and Credit Cooperative Organizations (SACCOs) have dismissed claims that the government can dictate how members’ savings are…

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