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

Kajiado Assembly committee proposes reforms to strengthen women economic empowerment fund

Sacco ReviewApril 27, 202604 mins

The Kajiado County Assembly’s Committee on Gender, Culture, Cooperatives, Tourism and Wildlife has unveiled a series of far-reaching recommendations aimed at sealing loopholes and improving accountability in the Women Economic Empowerment Fund. The committee, chaired by nominated Member of County Assembly Naisiae Karia, is pushing for structural reforms to ensure the revolving fund benefits genuine…

CIC Insurance pays Ksh 1.33bn to Co-op Bank in partial loan settlement

Sacco ReviewApril 27, 202605 mins

CIC Insurance Group has made a Ksh 1.33 billion partial repayment on a multibillion shilling loan owed to Co-operative Bank of Kenya, using proceeds from a land sale to ease a debt burden that had weighed on the insurer’s finances for years. The payment represents 27 percent of the outstanding loan, which stood at Ksh…

Kishushe Ranch Cooperative sets KSh46 million budget as members back growth plan

Sacco ReviewApril 27, 202608 mins

Members of Kishushe Ranching Cooperative Society Limited (KRCSL) have approved a projected budget of KSh46 million for the year, setting the stage for what the leadership described as a decisive push toward economic growth and stability. The budget was among the key resolutions passed during the society’s Annual General Meeting held on Friday at its…

Saccos remain wary of poor savings culture among Kenyans as incomes dwindle

Sacco ReviewApril 27, 2026April 27, 202606 mins

Since 2023, Kenyans, especially those working in formal employment, have faced tough times with increased taxation and new statutory deductions eating into their payslips. Over the last three years, the government has increased deductions among salaried Kenyans with the Social Health Insurance Fund (SHIF), requiring a mandatory contribution of 2.75% of an employee’s gross monthly salary….

Mhasibu Sacco targets 100,000 members and KSh31 Billion assets in new strategic plan

Sacco ReviewApril 26, 202603 mins

Mhasibu Sacco has unveiled its 2026-2030 strategic plan, outlining ambitious growth targets that include expanding membership to 100,000, tripling its asset base, and adopting artificial intelligence (AI) to modernise operations. Speaking during the launch, Chief Executive Officer Eunice Kanyi said the Sacco is confident of achieving the membership target well ahead of schedule. “Our target…

Ruto hands over 10,000‑litre milk cooler to Kangari Dairy Cooperative Society

Sacco ReviewApril 26, 202603 mins

President William Ruto has handed over a 10,000‑litre milk cooler to Kangari United Dairy Cooperative Society in Kigumo Constituency, Murang’a County, in a move aimed at strengthening the dairy sector and improving farmers’ incomes. Ruto said the facility will help reduce post‑harvest milk losses, enhance value addition, and increase household earnings, thereby improving livelihoods for…

JKUAT hosts EU‑funded ITACA training to build sustainable entrepreneurial futures in Africa

Sacco ReviewApril 26, 202606 mins

Jomo Kenyatta University of Agriculture and Technology (JKUAT) is hosting a series of advanced professional training workshops under the Italia Academia with Africa (ITACA) project, aimed at strengthening entrepreneurship and innovation ecosystems across Africa. The programme, themed “Building Sustainable Entrepreneurial Futures,” brings together entrepreneurs, startup founders, and ecosystem actors for intensive courses designed to harness…

Government releases KSh13.6 million Uwezo Fund and KSh10.2 million Youth Fund to groups in Lugari

Sacco ReviewApril 26, 202604 mins

The Ministry of Cooperatives, Micro, Small and Medium Enterprises (MSME) has disbursed KSh13.6 million under the Uwezo Fund and KSh10.2 million from the Youth Development Fund to women, youth, and Persons with Disabilities (PWDs) in Lugari constituency. Presiding over the issuance of cheques at Chevaywa Vocational and Training Centre, Cabinet Secretary Wycliffe Oparanya urged beneficiaries…

CS Kagwe warns farmer Co‑ops against unsustainable borrowing as government tightens accountability

Sacco ReviewApril 26, 202604 mins

Agriculture Cabinet Secretary (CS) Mutahi Kagwe has cautioned farmer co‑operative societies against the growing habit of borrowing loans without clear repayment plans, warning that the government will no longer continue writing off debts that fail to benefit farmers. Speaking during a sector forum, Kagwe said stricter accountability measures have been put in place across agricultural…

Women-led enterprises driving innovation and economic growth across Kenya

Sacco ReviewApril 25, 202607 mins

Women are increasingly taking the reins of entrepreneurship, driving innovation and economic growth in the country. Globally, according to the World Bank, one-third of businesses worldwide have a woman among their principal owners. This number is steadily rising, with the number of startups with female founders doubling globally. Studies also suggest that women-led businesses are…