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

IHS Kenya bets on middle-class demand with new Ksh1bn homes

Sacco ReviewAugust 3, 202604 mins

IHS Kenya launches Ksh1bn housing project in Tilisi, adding 240 apartments targeting middle income homebuyers and investors. Apartments start from Ksh6.55m, with the development designed to meet EDGE green building certification standards. Developer targets 3,000 homes by 2030 as private investment helps address Kenya’s housing shortage. International Housing Solutions (IHS) Kenya has unveiled a Ksh1…

Machakos County workers protest over delayed 2026/27 budget

Sacco ReviewAugust 3, 202603 mins

Machakos county workers protest over delays in passing the 2026/27 budget, saying it has disrupted salaries and services. Union leaders say staff are struggling to access bank loans and meet basic expenses as the budget remains pending. Workers threaten to protest at MCAs’ homes if the County Assembly fails to approve the budget by Tuesday….

Ports Sacco opens Malaba branch to boost savings culture

Sacco ReviewAugust 3, 202608 mins

Ports Sacco opens Malaba branch to expand financial services and promote a savings culture in Busia County. Branch attracts 800 members shortly after launch, with leaders targeting 5,000 as cooperative savings gain traction. Sacco surpasses Ksh12bn in assets and offers loans, competitive dividends and insurance to support members’ financial growth Teso North Member of Parliament…

Ruto pledges fertiliser price cut to boost food production

Sacco ReviewAugust 3, 202605 mins

President William Ruto pledged to reduce fertiliser and seed prices from next year to encourage farmers to increase food production. Farmers were urged to take advantage of the expected short rains after failed rains caused widespread crop losses and reduced harvests. The government plans to construct 50 mega dams, 200 medium sized dams and 1,000…

Kimisitu Sacco launches affordable mortgage loans for members

Sacco ReviewAugust 3, 202603 mins

Kimisitu DT Sacco has partnered with the Kenya Mortgage Refinance Company (KMRC) to launch an affordable mortgage product for members. It offers long term mortgage financing designed to help members move from renting to owning homes, through flexible and affordable terms. Under the arrangement, eligible members can access mortgage loans of up to Ksh 10.5…

SMEs urged to invest in staff training to curb unemployment

Sacco ReviewAugust 3, 202605 mins

SMEs urged to invest in staff training to tackle unemployment Workforce development seen as key to creating jobs and boosting productivity Employers urged to improve working conditions and career growth Small and medium sized enterprises (SMEs) have been urged to help tackle Kenya’s unemployment crisis by investing in staff training, mentorship and career development, rather…

Government defends Affordable Housing plan as 8,807 units complete

Sacco ReviewAugust 3, 202606 mins

Affordable housing: Government says 8,807 units are complete, with 198,726 under construction. Student housing: 37,347 units are being built to accommodate over 130,000 learners. Nandi projects: 24 projects worth Sh15.7 billion are underway, including housing, hostels and markets. The government has defended the progress of the Affordable Housing Programme, saying thousands of housing units have…

Kandara farmers earn certification to export avocados, mangoes

Sacco ReviewAugust 3, 202606 mins

Farmers in Gatuura, Murang’a, have received certification to export avocados, mangoes and other horticultural produce to international markets. Farmers said the certification process required soil and water testing, farm inspections, documentation and audits, with some dropping out due to its complexity. Trademark Africa said 22 more farmer groups in Murang’a are pursuing certification, while farmers…

Bill seeks faster loan recovery for affordable housing

Sacco ReviewAugust 3, 202604 mins

Affordable housing bill proposes cutting loan default notice from 90 to 45 days and property sale notice from 40 to 20 days. MPs have raised concerns that the shorter timelines could expose borrowers to faster foreclosures and reduce protections. National Assembly committees are reviewing the proposal, with a final report expected by August 13, 2026….

Kenya’s homeless population may be 25 times official figure

Sacco ReviewAugust 1, 202607 mins

Homeless population may be as high as 500,000, stakeholders say, far above the official estimate of 18,000. Stakeholders called for stronger housing policies and social protection programmes. Speakers urged closer national and county government collaboration to tackle homelessness. Kenya’s homeless population could be as high as 500,000, according to stakeholders who say official government estimates…