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

Kenya’s investment climate strengthened through IFC collaboration and transformational agenda 2026-2028

Sacco ReviewJune 19, 202608 mins

Kenya has intensified its drive to position itself as a premier investment destination in Africa following a high-level Donor, Development Partner, and Private Sector Roundtable convened by Invest Kenya in collaboration with the International Finance Corporation. The forum brought together development partners, private sector leaders, and investment stakeholders to explore strategic collaboration opportunities aimed at…

Nairobi coffee market Nets KSh31.7 billion in eight months of trading

Sacco ReviewJune 19, 202603 mins

The Nairobi Coffee Market has generated KSh31.7 billion in just eight months of trading, underscoring the sector’s resilience and growing confidence among farmers. Between October 1, 2025, and May 12, 2026, the market, managed by the Nairobi Coffee Exchange (NCE), auctioned 602,973 bags in the 2025/2026 coffee year. Reports show that Alliance Berries Limited led…

SACCO assets surpass Ksh1.2 trillion in first quarter of 2026

Sacco ReviewJune 18, 2026June 18, 202603 mins

SACCO assets exceeded Ksh1.2 trillion following a 12.28 per cent year-on-year increase. Gross loans reached Ksh951 billion, underscoring growing member borrowing and SACCO confidence Land and housing attracted the highest SACCO lending, followed by education and agriculture. By Mercy Kokwon Regulated Savings and Credit Cooperative Societies (SACCOs) recorded strong growth in the first quarter of…

Mwalimu National Sacco, NCBA roll out Salo Xpress to cut payroll delays

Sacco ReviewJune 17, 202604 mins

Mwalimu National DT Sacco has partnered with NCBA Bank Kenya to unveil a digital payroll solution that promises to slash salary processing times from hours or even days to mere minutes. The platform, branded Salo Xpress, was launched on Wednesday at Mwalimu Towers in Nairobi as part of the Sacco’s wider digital transformation agenda aimed…

County Assembly motion fails as Machakos proceeds with land rate collection under approved valuation roll

Sacco ReviewJune 17, 2026June 17, 202603 mins

The County Government of Machakos will continue collecting land rates under the existing law, despite a motion by the County Assembly seeking to suspend the process. Lands Executive Committee Member Nathaniel Nganga said the Assembly had already approved the valuation roll — the legal basis for the new rates — and cannot reverse the process…

KNBS urges Saccos, financial institutions to launch affordable investment products

Sacco ReviewJune 17, 202604 mins

A report by the Kenya National Bureau of Statistics (KNBS) has urged Savings and Credit Cooperative Societies (SACCOs) to develop simple, reliable, and affordable investment products that can attract and channel remittances into productive investments. The report, titled 2025 Remittances Household Report, also urged financial institutions and county governments to develop simple, reliable and affordable…

Ahero irrigation scheme secures Ksh 5.1Bn upgrade to cut farming costs

Sacco ReviewJune 17, 202603 mins

The Ahero Irrigation Scheme in Kisumu County is set for a major transformation following the allocation of Ksh 5.1 billion to modernize its irrigation infrastructure and transition to solar-powered operations, a move aimed at reducing production costs and enhancing agricultural productivity. The funding package includes Ksh 4.2 billion from the Japan International Cooperation Agency (JICA),…

Stakeholders reject harsh penalties in Street Vendors Bill, call for fairer measures

Sacco ReviewJune 17, 202604 mins

A proposal in the Street Vendors Bill, 2023, that seeks to impose fines of up to Sh200,000 on street traders has drawn sharp opposition from lawmakers, government officials, and market stakeholders, who argue the penalties are excessive and risk worsening the plight of thousands of Kenyans who rely on informal businesses for survival. The Bill…

Generational wealth: Building a legacy that lasts

Sacco ReviewJune 17, 2026June 17, 202609 mins

In many societies, success is often measured by what one acquires during one’s lifetime. However, true financial success goes beyond personal comfort and extends to creating opportunities for future generations. This is the essence of generational wealth. Generational wealth refers to assets, resources, and financial advantages that are passed down from one generation to another….

Rising coffee returns renew hope for Kirinyaga farmers as maize returns decline

Sacco ReviewJune 17, 202603 mins

Farmers in Kirinyaga Central and Ndia constituencies have been encouraged to embrace coffee farming and reduce their reliance on maize cultivation, which stakeholders say yields considerably lower returns. Speaking at Kaitheri in Kerugoya, Kirinyaga Central, National Coffee Cooperative Union (NACCU) Chairman Felix Mwai noted that the two constituencies collectively produced 16 million kilogrammes of coffee,…