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

KUSCCO led by MD Arnold Munene at the National Treasury to advocate for the interests of SACCOs as part of the 2026 2027 National Budget preparations.

KUSCCO presents key recommendations for 2026/27 National Budget

Sacco ReviewMarch 26, 202603 mins

Kenya Union of Savings and Credit Cooperatives (KUSCCO) led by Group Managing Director Arnold Munene, has appeared before the National Treasury to advocate for the interests of the SACCO sector as part of the 2026/2027 National Budget preparations. In a significant move for Kenya’s SACCO movement, KUSCCO delivered submissions at the National Treasury Building in…

Senators order immediate stop of fishing activities in Lake Nakuru

Sacco ReviewMarch 26, 202604 mins

Senators have ordered an immediate halt to all fishing activities at Lake Nakuru following declaration that fish from the lake are unfit for human consumption and the allegations of forced disappearances involving young fishermen. The directive was issued on Tuesday by the Senate Committee on National Security, Defence and Foreign Relations, chaired by senator Fatuma…

Ports DT SACCO announces opportunity for an Internal Audit Officer

Sacco ReviewMarch 26, 202604 mins

Ports Deposit Taking Savings and Credit Cooperative Organization (DT SACCO) has announced an exciting opportunity for qualified professionals to join their team as an Internal Audit Officer. This critical role will play a key part in supporting the Sacco’s internal audit function, with responsibilities focused on evaluating internal controls, ensuring compliance, and strengthening operational efficiency….

IG SACCO takes members education programme online in final session

Sacco ReviewMarch 25, 202604 mins

Invest and Grow (IG) SACCO in Kakamega County will hold its final members’ education program virtually this Saturday, in a move aimed at widening access and boosting participation among its members. In a notice to members, the Sacco said the session will take place on March 28, 2026, starting at 10 a.m., and will be…

Kagwe urges tea stakeholders to seek new markets amid global trade shocks

Sacco ReviewMarch 25, 202604 mins

The Cabinet Secretary for Agriculture and Livestock Development Mutahi Kagwe has called for urgent reforms in Kenya’s tea sector to help it withstand global economic shocks and secure the livelihoods of farmers. Speaking during a high level consultative meeting with KTDA Holdings Limited and the Tea Board of Kenya, the CS warned that external geopolitical…

Stakeholders okay KEWASCO to raise tariffs to finance its operations

Sacco ReviewMarch 25, 2026March 25, 202605 mins

The Kericho Water and sanitation Company (KEWASCO) limited has been given the greenlight by its stakeholders to raise tariffs to enable it finance its operations. During a stakeholder engagement held at its water treatment plant at Toror, the leadership led by its Chairman Sirkelly Cheruiyot and the Chief Executive Officer Reuben Korir, said the water…

Why income from Sacco non-core activities should not be taxed

Sacco ReviewMarch 25, 202609 mins

Savings and Credit Cooperative Societies (SACCOs) have long been recognized as vital pillars in Kenya’s financial ecosystem. This is true to-date. Under the Bottom-Up Economic Transformation Agenda (BETA), SACCOs are not merely financial intermediaries but grassroots economic engines that mobilize savings, deepen financial inclusion, and empower millions of citizens economically. They are agencies of change….

Experts warn of major risks in Kenya’s SACCO sector, call for urgent reforms

Sacco ReviewMarch 25, 202608 mins

A high-level Committee of Experts has warned that serious governance, regulatory and structural weaknesses are threatening the stability of Kenya’s Savings and Credit Co-operatives (SACCOs) sector, calling for sweeping reforms to protect members’ savings and restore confidence in the cooperative movement. The concerns are contained in the Report on the Transformation of the SACCO System…

MPs raise concerns over governance issues in the Veterinary Board

Sacco ReviewMarch 24, 202603 mins

The Public Investments Committee on Social Services, Administration and Agriculture (PIC-SSAA) has raised concerns over financial and governance issues at the Kenya Veterinary Board following audit queries. The committee, chaired by Navakholo MP Emmanuel Wangwe, questioned how the Board constructed its headquarters on land without a title deed. KVB Chief Executive Officer Mary Theresa Agutu…

Why experts recommend deposit insurance to protect Sacco members billions

Sacco ReviewMarch 24, 2026012 mins

For millions of Kenyans, Savings and Credit Cooperative Organisations (SACCOs) are trusted financial lifelines workforce borrow loans and plan their futures. Loans from SACCOs usually have lower interest rates than banks, mobile lenders, or microfinance institution. According to the Sacco Societies Regulatory Authority (SASRA) gross loans across the industry increased to Ksh 948.31 billion in…