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

Government sets fresh momentum for coffee reforms as national steering committee concludes Machakos retreat

Sacco ReviewDecember 18, 202505 mins

The government has renewed its push to revive Kenya’s coffee sector following a high‑level National Steering Committee Retreat held at the SEO Hotel in Machakos. The meeting brought together members of the Coffee Revival Steering Committee and key industry stakeholders for intensive, solution‑driven discussions. The retreat was opened by Patrick Kilemi, Principal Secretary in the…

Kenyan Sacco mergers: a high-stakes gamble or strategic imperative?

Sacco ReviewDecember 17, 2025011 mins

In September 2025, the Kenyan government dropped a regulatory bombshell on the cooperative sector: small Savings and Credit Cooperatives (Saccos) with assets under Sh100 million must merge with larger entities or face dissolution. This directive, ostensibly aimed at bolstering financial stability and operational resilience in a sector plagued by inefficiencies and vulnerabilities, has ignited a…

Equity Bank launches enhanced digital platform to streamline business payments

Sacco ReviewDecember 17, 202504 mins

Equity Bank has launched an upgraded digital banking platform for enterprises, marking a significant step in the sector’s shift toward faster, technology-driven financial services as Kenya’s economy becomes increasingly digital. The platform, Equity Online for Business, replaces the former EazzyBiz system and is designed to improve how businesses manage payments, cash flow and account administration….

Muka Mukuu Society in talks to turn historic Macmillan Castle into tourist site

Sacco ReviewDecember 17, 202503 mins

Muka Mukuu Farmers’ Cooperative Society has entered into negotiations with the National Museums of Kenya to transform the historic Macmillan Castle in Matungulu Sub‑county into a tourist attraction that could generate revenue for its members. Speaking during the society’s Annual General Meeting, Chairman Dominic Nthwao said the discussions are progressing well but urged members to…

Kisumu positions itself as regional aviation and investment hub with new Entebbe Flight

Sacco ReviewDecember 17, 202504 mins

Kisumu Governor Prof. Peter Anyang’ Nyong’o says the lakeside city is accelerating its transformation into a regional investment and logistics hub, backed by expanding aviation infrastructure and growing connectivity within the East African market. In remarks delivered on his behalf by Deputy Governor Dr. Mathew Owili during the launch of Safarilink’s inaugural Kisumu–Entebbe flight, Nyong’o…

Kenyans in diaspora urged to invest back home and push for better governance

Sacco ReviewDecember 17, 202503 mins

Machakos Deputy Governor Francis Mwangangi has called on Kenyans studying and working abroad to channel more investments back home and use their influence to demand better governance. He said the diaspora community remains one of the country’s most important development partners and should play a more active role in shaping Kenya’s economic future. Speaking in…

Report: Kenya’s tax system reduces inequality but deepens poverty

Sacco ReviewDecember 16, 202504 mins

Kenya’s tax system is narrowing income inequality but simultaneously pushing more households into poverty, a new analysis by the Kenya Institute for Public Policy Research and Analysis (KIPPRA) has revealed. The findings paint a picture of a tax‑and‑spend framework that appears progressive on paper yet leaves many Kenyans worse off in practice. According to the…

Kenyan shilling strengthens to 17‑month high of 128.96 against dollar

Sacco ReviewDecember 16, 202503 mins

The Kenyan shilling has climbed to its strongest level in 17 months, opening at 128.96 against the US dollar. The shilling has been trading around the 129 mark for over a year, marking a rare stretch of stability after a turbulent period that saw it touch record lows. The shilling began pulling back from the…

KRA scales up tax education to build early compliance culture among youth

Sacco ReviewDecember 16, 202503 mins

The Kenya Revenue Authority (KRA) has intensified efforts to nurture a culture of tax compliance among young people, saying early awareness is key to building a responsible and informed taxpayer base. Current data shows that individuals aged between 21 and 30 years make up 42 per cent of registered taxpayers. Speaking during a public lecture…

Government urged to clear pending bills to ease cash crunch and revive economy

Sacco ReviewDecember 16, 202504 mins

Business leaders are calling on the government to prioritize the payment of pending bills, warning that delays have worsened the cash crunch affecting companies and slowed economic activity across the country. They argue that settling outstanding dues owed to contractors and suppliers would inject much‑needed liquidity into the economy and help struggling enterprises recover. Speaking…