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

Government disburses Ksh 153.7M NYOTA Fund to young entrepreneurs in Mt. Kenya East

Sacco ReviewJuly 14, 2026July 14, 202605 mins

More than 6,150 youth in Mount Kenya East have received Ksh 153.75 million in NYOTA grants. The NYOTA programme has so far disbursed over Ksh 3 billion to more than 122,000 youth nationwide. CS Geoffrey Ruku urged residents to back the government’s development agenda. The government has disbursed Ksh 153.75 million from the National Youth…

National Assembly moves to calm fears over Sacco savings in proposed law

Sacco ReviewJuly 14, 2026July 14, 202607 mins

Parliament has dismissed claims that the proposed Sacco law will allow the government to access members’ savings or control Sacco management. The Bill seeks to strengthen regulation, improve financial stability and establish a secondary Sacco to provide shared services for member cooperatives. The National Assembly says the legislation is still undergoing public participation, with stakeholder…

Nyong’o advocates for year-round agricultural show to boost innovation

Sacco ReviewJuly 14, 202605 mins

Governor Nyong’o wants the ASK Kisumu Show to become a year round event to boost agricultural innovation. The show has been elevated to national status and will run from July 22 to 26. This year’s exhibition will focus on climate smart agriculture and sustainable economic growth. Kisumu Governor Peter Anyang’ Nyong’o has called for the…

Kuramo Capital Management seals Ksh.64.5B from African Pension funds to expand investment platform

Sacco ReviewJuly 13, 2026July 13, 202605 mins

Kuramo secured Ksh64.5 billion to expand investments across Africa. The funding is backed by African pension funds and development finance institutions. The firm says the platform will boost private investment and economic growth. Kuramo Capital Management has announced the closing of investment mandates worth approximately $500 million (about Ksh 64.5 billion). The funding comes primarily…

Turkana County strengthens ties with development partners through new MoU

Sacco ReviewJuly 13, 202605 mins

Turkana County signed an MoU with TDT and Cavalry Development Organization to better coordinate development projects. Deputy Governor Dr. John Erus said the partnership will align donor programs with county priorities and reduce duplication. The two organizations said the MoU strengthens their role in supporting development across key sectors. County Government of Turkana has strengthened…

Mining licence delays cost Kenya billions as investors pull back

Sacco ReviewJuly 13, 202609 mins

Licence delays are stalling mining projects and costing Kenya billions in potential investment. Industry leaders warn regulatory bottlenecks are driving investors to competing markets. MESK is urging faster, more transparent licence approvals to unlock the sector’s growth. Kenya’s ambition to transform its mining industry into one of the country’s leading economic pillars is increasingly coming…

Taita Taveta launches Gaye Rural SACCO to tackle farmers’ credit access woes

Sacco ReviewJuly 13, 202605 mins

Taita Taveta launched Gaye Rural SACCO to expand affordable credit for farmers. The SACCO will receive a Ksh3 million matching grant under NAVCDP. Leaders say the initiative will strengthen farming and boost rural incomes. Farmers in Taita Taveta County have for years turned to informal lenders and middlemen for credit, often at the cost of…

Why Saccos must be protected at all costs

Sacco ReviewJuly 13, 202605 mins

For millions of Kenyans, a Sacco is far more than just a place to save money. It is a trusted financial partner that has helped families educate their children, build homes, launch businesses, and weather severe economic hardships. Unlike conventional financial institutions driven solely by corporate profit, Saccos are owned by the very people they…

Kitui co-operators mark 104th International Co-operatives Day, Univision DT Sacco named best overall

Sacco ReviewJuly 13, 2026July 13, 2026010 mins

Kitui County marked the 104th International Co-operatives Day under the theme Co-operatives for a Peaceful World. The county now has 463 registered co-operatives with 136,675 members and a capital base of Ksh17.3 billion. Univision DT Sacco was named the overall best Sacco after winning three other top awards. Kitui County marked the 32nd International Co-operatives…

Machakos County government hands over Sh12.5 million to fire victims as market rebuild begins

Sacco ReviewJuly 11, 2026July 11, 202603 mins

Machakos County gave Ksh12.5 million to over 250 traders affected by the Mitumba Market fire, with each receiving Ksh50,000 to restart their businesses. Reconstruction of the market has begun, with the county promising modern stalls and a space for every affected trader. More than 250 traders left counting losses after a fierce fire razed the…