Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
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 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…
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 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 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…
Xavier Lugaga urges Parliament to ensure the Sacco Societies (Amendment) Bill, 2025 strengthens governance without undermining member ownership and democratic control of SACCOs. A movement built by its members When Kenya’s economic history is written, the cooperative movement will earn a special chapter. Few institutions have empowered ordinary wananchi like Savings and Credit Cooperative Societies…
The National Assembly has dismissed what it called widespread misinformation surrounding the proposed Sacco Societies (Amendment) Bill, 2025, saying claims that the legislation would create a government controlled “super Sacco” or hand the President power over Sacco leadership are false. In a public statement, the Assembly said the Bill, which seeks to amend the Sacco…
The World Bank, through the second phase of the Kenya Urban Support Program (KUSP II), has committed Ksh42 billion ($350 million) to the Government of Kenya to strengthen the capacities of 79 cities and municipalities across the country. Housing and Urban Development Principal Secretary (PS) Charles Hinga Mwaura announced that the program, which commenced in…
As early as 7:00 a.m. the road leading to the famous West Pokot County Showground in Kapenguria was busy as youth streamed to the venue of the NYOTA Fund Disbursement. By 11:00 a.m. the showground was full to capacity as Cabinet Secretary (CS) for Cooperatives and Micro, Small and Medium Enterprises (MSMEs) Development Wycliffe Oparanya…
The Kenya Revenue Authority (KRA) missed its revenue collection target for the 2025/2026 financial year, falling short by KSh 124 billion. The taxman collected KSh 2.844 trillion against a target of KSh 2.968 trillion, a deficit of 4.2 percent. Despite the miss, the performance marks a 10.6 percent improvement over the 2024/2025 financial year, when…
