Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The County Government of Kisumu has announced plans to install more than 1,600 street lights across the town later this year in a bid to improve security for residents and the business community. The initiative, supported under the Kenya Urban Support Program through the World Bank, is expected to commence in August. City Manager Michael…
Kenya’s proposed Finance Bill 2026 signals a sweeping shift in the tax obligations of Savings and Credit Cooperative Societies (Saccos), touching everything from the digital infrastructure that powers mobile banking to the compliance timelines that govern financial reporting, with most provisions set to take effect on July 1, 2027. The bill, tabled in the National…
Two cooperative societies in Kilifi County are set for revival as the county government rolls out strategic plans to strengthen grassroots economic empowerment. The initiative targets Galana Farmers Cooperative Society in Gede, Malindi sub‑county, and Magarini Sand Harvesting Cooperative Society in Mjanaheri, Magarini sub‑county, both of which collapsed several years ago. Speaking to Sacco Review…
Cabinet Secretary for Co-operatives and MSME Development Wycliffe Oparanya has assured the Senate that the Government is accelerating reforms in the Savings and Credit Cooperative (SACCO) sector in a bid to strengthen governance, safeguard members’ savings, and restore public confidence in cooperative financial institutions. Appearing before the Senate Standing Committee on Trade, Industrialisation, and Tourism,…
Kenya has recorded a breakthrough in its trade relations with China after the first shipments of agricultural goods were exported under Beijing’s new zero‑tariff policy, which arrived at Chinese ports, opening fresh opportunities for farmers, exporters, and manufacturers. The inaugural consignments included fresh avocados, crude avocado oil, coffee, green beans, hides, and skins; all exported…
Mwalimu National Deposit Taking Savings and Credit Co-operative Organisation (DT Sacco) has signed a Memorandum of Understanding (MOU) with the Kenya National Chamber of Commerce and Industry (KNCCI) to bring affordable credit to small traders and entrepreneurs long trapped in a cycle of expensive digital loans and shylocks. a move that signals a significant shift…
Kisii Youth Bunge Sacco chairman Dr. Asha Moronya has urged young people in the county to venture into agriculture, describing it as one of the most profitable opportunities currently available. Speaking to Sacco members, Dr. Moronya challenged the perception that farming is outdated, saying agriculture should instead be viewed as a viable business venture. He noted…
Kenya Highlands Sacco Society Limited has announced an internship opportunity as part of its mission to improve the quality of life of its members through the provision of quality products and services. The Sacco is seeking to recruit a qualified intern to support its operations and growth agenda. Interested applicants must be between 25 and…
A cross-section of Kenyan manufacturers and exporters have decried the high cost of production which they say drains their earnings. The traders now want the government to introduce incentives including lowering tariffs on most of the export products whose cost of production has been soaring. They spoke during the ‘Exporters Round Table’ talks attended by…
Leaders in Kenya’s cooperative movement have intensified pressure on Parliament to amend the proposed Sacco Societies (Amendment) Bill, warning that several clauses risk diluting the identity and operational independence of Savings and Credit Cooperative Organisations (SACCOs). The Co-operative Alliance of Kenya (CAK), the umbrella body representing the country’s cooperative sector, tabled a detailed memorandum before…
