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

Govt to establish new regulator for non-SACCO cooperatives to sort oversight gap

Sacco ReviewFebruary 27, 202603 mins

The government is planning to establish a new regulatory authority to safeguard billions of shillings in non-Sacco cooperatives, a move aimed at addressing critical oversight gaps that have left thousands of Kenyans, especially farmers, vulnerable to financial loss. This was revealed by the Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development Cabinet Secretary Wycliffe…

SGR Phase 2B and 2C expansion to Kisumu, Malaba set for March groundbreaking

Sacco ReviewFebruary 27, 202606 mins

Kenya Railways has confirmed that construction of the Standard Gauge Railway (SGR) Phase 2B and 2C, stretching from Naivasha through Kisumu to Malaba, will officially begin on March 20. Managing Director Philip Mainga announced the multibillion-shilling project during a high-level stakeholder meeting in Kisumu, attended by the National Lands Commission, Governor Anyang’ Nyong’o, MPs, MCAs,…

Governor Mutuma pledges revival of debt‑stricken Afya Millers cooperative enterprise

Sacco ReviewFebruary 27, 202605 mins

Meru Governor Isaac Mutuma has pledged urgent intervention to revive Afya Millers, a farmer-owned cooperative struggling under the weight of debt and mismanagement. The mill, which produces maize and wheat flour for both human and animal consumption, has been on the brink of collapse, threatening livelihoods and food security in the county. Speaking after touring…

SASRA Acting Chief Executive Officer, David Sandagi,

SASRA report: SACCO total assets hit Ksh 1.21 Trillion mark

Sacco ReviewFebruary 26, 202606 mins

Sacco Societies Regulatory Authority (SASRA) has released the Quarterly Statistical and Soundness Report for the period October to December 2025, providing a comprehensive overview of the performance, growth and financial stability of Regulated SACCOs in Kenya The report indicated that by December 2025, total assets of regulated SACCOs had grown to Ksh 1.21 trillion, up…

Machakos lawyer decries poor representation denying women, youth groups access to funds for development

Sacco ReviewFebruary 26, 2026February 26, 202604 mins

Machakos-based lawyer has raised concern over what she term as underrepresentation of women, youth groups and people Living with disabilities (PWDs) in Machakos County. Diana Ngei who hails from Tala said many women groups in the County had not benefitted from Women Empowerment funds in the past 10 years despite having a Woman Representative specifically…

Busia onboards over 10,000 women traders into Dada Mashinani programme

Sacco ReviewFebruary 26, 202603 mins

Busia County has successfully onboarded more than 10,000 small-scale women traders into the Dada Mashinani program, a transformative initiative designed to enhance entrepreneurship and financial literacy at the grassroots level. The program is implemented through a partnership between the County Government, the Stanbic Bank Foundation, and Kenya Industrial Estates. The initiative targets women at various…

Treasury raises penalties to rein in predatory digital and microfinance lenders

Sacco ReviewFebruary 25, 202604 mins

The Treasury has unveiled tougher measures against digital and microfinance lenders accused of exploiting Kenyans with excessive interest rates and aggressive debt collection practices. While appearing before senators, Treasury Cabinet Secretary John Mbadi said that fines for violating the Banking Act have been increased from KSh500,000 to KSh2 million. He said the move is intended…

CIS-Kenya appoints Andrew Kioi Njeru as CEO

Sacco ReviewFebruary 25, 202603 mins

The Credit Information Sharing Association of Kenya (CIS-Kenya) has appointed Andrew Kioi Njeru as the new Chief Executive Officer (CEO). This was announced by the Association’s Governing Council, which stated that his appointment takes effect as from February 16, 2026. “The Governing Council of the Credit Information Sharing Association of Kenya (CIS-Kenya) is pleased to…

Sidian Bank to work with SACCOs to spur growth

Sacco ReviewFebruary 25, 202605 mins

The Sidian Bank has reaffirmed its commitment in working with Saving and Credit Cooperative Organisations (SACCOs) to leverage itself through partnerships and linkages in order to spur growth. The banks’ Chief executive officer Chege Thumbi said that SACCOs can serve as trusted financial partners throughout members’ life journeys. Speaking in Kisumu during the Kenya Teachers…

Cooperatives and MSMEs CS Wycliffe Oparanya before Members of the Committee on Trade, Industry and Cooperatives.

State Department for Cooperatives has Ksh7.816 Billion shortfall, Oparanya says

Sacco ReviewFebruary 25, 202604 mins

The Cabinet Secretary for Cooperatives and Micro, Small and Medium Enterprises (MSMEs) Wycliffe Oparanya has revealed that the Ministry grappling funding gaps, calling on Members of the Committee on Trade, Industry and Cooperatives to support in addressing the shortfall. Oparanya who was speaking before the committee on Monday said the State Department for Cooperatives has…