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Kenyans receiving services at the Kenya Revenue Authority headquarters. PHOTO/KRA

KRA surpasses December revenue target as revenue hits Ksh307.6 billion

Sacco ReviewJanuary 21, 2026January 21, 202604 mins

The Kenya Revenue Authority (KRA) collected Ksh307.634 billion against a target of Ksh284.969 billion in December 2025, thereby surpassing the monthly revenue target with the collection representing a performance rate of 108.0 per cent and a growth of 29.3 per cent. Exchequer revenue amounted to Ksh284.265 billion against a target of Ksh261.758 billion, recording a…

CBK backs plan to sell 15% safaricom stake to fund infrastructure

Sacco ReviewJanuary 21, 202605 mins

Central Bank of Kenya (CBK) Governor Dr. Kamau Thugge has defended the government’s proposal to sell a 15 per cent stake in Safaricom PLC, describing it as an innovative financing option aimed at supporting infrastructure development without increasing public debt. Appearing before lawmakers, Dr. Thugge said the proposed divestiture would have a positive macroeconomic impact,…

Govt outlaws use of tea farmers’ funds as loan collateral

Sacco ReviewJanuary 20, 202604 mins

The government has outlawed the use of tea farmers’ funds as collateral for bank loans, a move officials say will shield farmers from financial exposure and curb profiteering within factory management. The directive forms part of the reforms targeting the Kenya Tea Development Agency (KTDA), with Agriculture Principal Secretary Paul Ronoh saying the changes are…

CS Kagwe opposes bid to merge human and veterinary medicines

Sacco ReviewJanuary 20, 2026January 24, 202603 mins

Agriculture Cabinet Secretary and Senator Mutahi Kagwe has opposed proposals before the Kenyan Parliament and the East Africa Legislative Assembly (EALA) seeking to merge the regulation of human and veterinary medicines, warning that the move could undermine public health, food safety and livestock production. Speaking during a visit to the Veterinary Medicines Directorate (VMD), Kagwe…

Court nullifies Kajiado land rate hikes as county rolls out phase two allotment letters

Sacco ReviewJanuary 20, 202606 mins

The Environment and Land Court in Kajiado has declared unconstitutional, null and void, the recent increase in land rates and rents imposed by the Kajiado County Government on allotment holders. In a judgment delivered by Justice M.D. Mwangi the court struck down the increase of land rates from Ksh2, 000 to Ksh7, 500 and rent…

KTDA launches competitive search for new CEO after Muthaura’s term ended

Sacco ReviewJanuary 20, 2026January 20, 202602 mins

The Kenya Tea Development Agency (KTDA) has announced the launch of a competitive, merit-based recruitment process to appoint a new Group Chief Executive Officer. According to the Agency, so far the process has attracted 50 applicants, of whom five are internal candidates drawn from KTDA’s senior leadership, including serving Managing Directors and General Managers. The…

Government launches modern land registration system to boost transparency

Sacco ReviewJanuary 20, 2026January 20, 202602 mins

The government has introduced a modern land registration system to simplify land transactions, secure ownership, and curb fraud. Under the Land Registration Act, 2012, the new framework replaces multiple outdated registration regimes with a standardized and digital process, consolidating fragmented land records into a unified system. The system introduces Certificates of Title and Certificates of…

Legal expert warns against tampering with land beacons

Sacco ReviewJanuary 20, 202603 mins

A legal expert, Ms Melisa Achieng, has cautioned Kenyans against removing or tampering with land beacons, emphasizing that such actions can lead to serious legal consequences. In Kenya, a beacon is a physical boundary mark officially placed by a licensed surveyor to indicate the exact legal limits of a land parcel. Removing or interfering with…

How outdated Coop Act prevents SACCOs from listing at Nairobi Securities Exchange

Sacco ReviewJanuary 19, 2026017 mins

A legal vacuum and an outdated law has denied Savings and Credit Cooperative Societies(SACCOs)the opportunity of listing and raising cheaper capital from the Nairobi Securities Exchange. Compared to listed firms that can float a bond or commercial paper to raise cash, SACCOs rely purely on internal sources including doing share drives through selling more shares to…

Youth group calls for transparency in Safaricom share divestiture

Sacco ReviewJanuary 19, 202603 mins

A youth-focused organization has urged Parliament to ensure transparency and safeguard public interest in the proposed government divestiture of Safaricom shares. Represented by Nelly Chepkemoi, WeCare addressed a joint sitting of the Departmental Committee on Finance and National Planning and the Select Committee on Public Debt and Privatization, calling for independent, multi-firm valuation reports, public…