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

KRA customs revenue hits record Ksh92.53bn in July

Sacco ReviewAugust 12, 2026August 12, 202604 mins

KRA Customs collected a record Ksh92.53 billion in July 2026, exceeding the Treasury target by Ksh6.37 billion. Non oil revenue hit a record Ksh61.50 billion, supported by stronger compliance, technology and improved cargo management. The July performance marked a 15.3 per cent increase from Ksh80.29 billion collected in July 2025. Kenya Revenue Authority (KRA) Customs…

How Jamii DT Sacco’s Nakuru office transforms Rift Valley

Sacco ReviewAugust 12, 2026August 12, 202603 mins

Jamii DT Sacco’s Nakuru satellite office serves members across Nakuru, Bomet, Narok, Kericho and Kajiado counties. Members access affordable loans, savings and investment products, plus instant M Cash loans of up to Ksh50,000. The office also promotes financial literacy and supports farmers, teachers, businesses and workers across the Rift Valley. Jamii DT Sacco’s satellite office…

Millers warn of higher flour prices over wheat import delays

Sacco ReviewAugust 12, 202605 mins

Millers warn wheat flour prices could rise if C60 import approvals remain delayed. Millers say they have committed to buying local wheat at Ksh5,100 per 90kg bag. Global wheat prices rose 5.8% in July, adding pressure on Kenya’s flour market. Kenyan consumers could face pricier wheat flour if delays in approving wheat imports persist, the…

ASK opens booking for Nairobi trade fair set for September

Sacco ReviewAugust 12, 202603 mins

ASK has opened bookings for the Nairobi International Trade Fair running from September 28 to October 4, 2026. The fair will be held at Jamhuri Park Showground under the theme of climate smart agriculture and trade. The Agricultural Society of Kenya (ASK) has opened booking for exhibition space at this year’s Nairobi International Trade Fair,…

CBK holds benchmark rate at 8.75% for third straight meeting

Sacco ReviewAugust 12, 202603 mins

CBK has retained the benchmark rate at 8.75% for the third consecutive meeting. Inflation stood at 6.5% in July, while the economy grew 5.3% in Q1 2026. The unchanged rate is expected to keep borrowing costs stable for businesses and households. The Central Bank of Kenya (CBK) has retained the Central Bank Rate (CBR) at…

Kenya Highlands DT Sacco unveils Kericho headquarters

Sacco ReviewAugust 12, 202602 mins

Kenya Highlands DT Sacco has opened a new headquarters in Kericho. The facility aims to improve member services and create commercial opportunities. The Sacco says the new building supports its growth and expansion strategy. Kenya Highlands DT Sacco has opened a new headquarters building in Kericho, a milestone the Sacco says reflects its growth, innovation…

Government delivers milk coolers to Nandi dairy farmers

Sacco ReviewAugust 12, 202605 mins

Government has delivered five 2,000 litre milk coolers to Nandi dairy cooperatives. The coolers will reduce milk spoilage, improve quality and boost farmers’ earnings. Officials urged cooperatives to maintain the equipment and uphold hygiene standards. The State Department for Livestock Development has delivered five 2000 litre capacity milk coolers to farmers in Nandi, a move…

Malombe issues smart licences, calls for boda boda Saccos

Sacco ReviewAugust 12, 2026August 12, 202606 mins

Malombe issued smart licences to 783 trained boda boda riders. He urged riders to join Saccos for savings and access to credit. Only 21 per cent of Kitui’s 13,598 riders have licences. Kitui County Governor Julius Makau Malombe has issued smart driving licences to 783 boda boda operators who completed road safety and professional riding…

Delegate system sparks Sacco voting rights concerns

Sacco ReviewAugust 11, 202605 mins

Sacco members have raised concerns that the proposed delegate system could weaken their direct voting rights. Nation DT Sacco will vote on the system at a Special General Meeting on August 15 in Nairobi. The system requires Saccos with more than 5,000 members to use 150 to 500 elected delegates at general meetings. Sacco members…

Kenya rethinks green energy funding amid GDP losses

Sacco ReviewAugust 11, 202604 mins

Climate change is costing Kenya 3 to 5 per cent of GDP. Kenya faces an 87 per cent climate funding gap. KDC plans to launch a green fund for sustainable businesses. Kenya is rethinking its funding for green energy after the country’s estimates suggested a drop in its Gross Domestic Product owing to climate change….