Sacco Review

Acting Chief Executive Officer of the Sacco Societies Regulatory Authority (SASRA), David Sandagi-Photo|Courtesy

Land, housing top Sacco lending in first half of 2026

Land and housing received the largest share of Sacco loans in H1 2026. Education and agriculture followed as major borrowing categories. Sacco credit continues to support members’ investment and household needs. A good number of Kenyans used loans from savings and credit cooperatives to buy land and secure home ownership during the first half of…

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Deputy President Kithure Kindiki speaks during a meeting on the rollout of the Kenya Jobs for Economic Transformation (KJET) programme in Nairobi. PHOTO| Courtesy

Kindiki unveils Sh500m grants for small businesses

KJET to issue Ksh500 million in non refundable grants to small businesses. First phase targets businesses needing up to Ksh5 million in capital. Grants will support enterprises across key value chains nationwide. The government is set to roll out millions of shillings in non-refundable grants to thousands of micro and small businesses across the country,…

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Daniel Marube Chief Executive Officer of the Cooperative Alliance of Kenya (CAK) Photo/Courtesy

CAK urges Parliament to speed up cooperative bill

Cooperative Societies Bill nears final parliamentary hurdle after 14 years. Proposed law seeks stronger governance and protection of Sacco members. CAK calls for tax clarity and greater youth participation in cooperatives. Kenya’s cooperative movement is bracing for a new legal framework, with sector leaders saying the long-awaited Cooperative Societies Bill is nearly through its final…

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First Lady Rachel Ruto (left) hands assorted supplies to women’s groups during an empowerment event in Kisumu County. PHOTO| Courtesy

Rachel Ruto urges Kisumu women to embrace welfare groups

Rachel Ruto urges Kisumu women to join welfare groups and grow enterprises. She highlights table banking as a path to stronger livelihoods. 59 women’s groups and schools received food, bedding and farming supplies. First Lady Rachel Ruto has called on women in Kisumu County to embrace welfare groups, saying the model turns hard work into…

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Kenversity Co-operative Savings and Credit Society Limited Secretary Dr. Priscilla Gitonga. PHOTO| Kenversity Sacco website

Kenversity Sacco raises fixed deposit rates for members

Kenversity Sacco raises fixed deposit rates across seven savings brackets. Members can earn up to 10.7% on deposits of Ksh10 million or more. Higher returns apply to larger deposits and longer investment periods. Kenversity Co-operative Savings and Credit Society Limited has revised its fixed deposit rates, with the new figures taking effect from September 2026….

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Richard Muteti OGW, HSC, Chief Executive Officer of CMSEO EA. PHOTO| Courtesy

Regional body urges calm amid Kenya foreign trader crackdown

Regional trade body urges foreign traders to remain calm. CMSEO EA says the directive targets undocumented businesses, not lawful traders. Traders are urged to keep immigration and business documents in order. Nairobi’s small business scene has been on edge lately, and now a regional trade body wants to bring the temperature down. The Confederation of…

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State, Tata Chemicals move to end Magadi standoff

Government and Tata Chemicals Magadi agree to form a joint technical committee. The committee will review compliance, royalties, exports, community benefits and environmental issues. The move signals a possible easing of the standoff over suspended mining operations. The stalemate between the government and Tata Chemicals Magadi appears to be easing. Executives from the soda ash…

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griculture Cabinet Secretary Mutahi Kagwe speaks during a grain sector meeting on Kenya’s maize supply and proposed duty free imports. PHOTO| Courtesy

Kenya weighs duty free maize imports amid low harvest

Kenya considers duty free maize imports as production hits a seven year low. Millers want a nine month waiver to secure cheaper white maize supplies. Government plans to divert 360,000 tonnes of yellow maize to animal feed. Kenya’s maize supply is under real strain. Production has fallen to its lowest level in seven years, and…

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SASRA acting CEO, CPA David Amiani Sandagi. Photo/Courtesy

NWDT Saccos improve asset quality as reserves strengthen in Q2 2026

NWDT Saccos recorded lower non performing loans in Q2. Reserves and core capital strengthened during the quarter. Earnings remained volatile despite improving financial indicators. Kenya’s non-withdrawable deposit-taking Saccos (NWDT-Saccos) closed the second quarter of 2026 with improving asset quality and a stronger reserve position, even as earnings continued to swing sharply from one quarter to…

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Agriculture Cabinet Secretary Mutahi Kagwe speaks during a luncheon meeting with Uganda’s Parliamentary Committee on Agriculture. PHOTO| Courtesy

Kenya, Uganda push maize trade deal under AfCFTA framework

Kenya seeks aflatoxin free maize from Uganda. Aflatoxin concerns hinder cross border maize trade. Kenya and Uganda push for easier regional trade. Kenya wants aflatoxin-free maize from Uganda as both countries push for expanded agricultural trade under the African Continental Free Trade Area. Cabinet Secretary for Agriculture Mutahi Kagwe said Uganda is well placed to…

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