March 18, 2025
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Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

The Leading Newspaper for Co-operative Movement in Kenya

Sacco Review

Organic bananas flourish in Taita Taveta County. The county has signed a partnership deal with MESPT to support banana farmers. Photo: Michael Oduor

New banana export market excites Taita Taveta farmers

Sacco Review05 mins

Taita Taveta County in partnership with Micro Enterprises Support Programme Trust (MESPT) plans to export about 700 metric tonnes of organic bananas to Denmark, a deal which will make the county farmers one of the first in the country to export the organic produce. According to MESPT, the joint project has identified 500 small holder…

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Garissa County Cooperative Director Samuel Karanja. Photo:File

Traders’ Sacco in Garissa pleads with county over planned demolition of stalls

Sacco Review05 mins

Sukuma Gate Sacco members are pleading with the County Government of Garissa not to demolish their stalls where they have been earning their daily bread for long. The members, mostly comprising mama mbogas and petty traders decried the planned eviction from their stalls after Garissa Municipality, through the Enforcement Notice, Form P.P.A. 7, dated January…

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Non-deposit-taking Saccos to start paying regulatory levy

Sacco Review06 mins

The non-withdrawable depositing taking (NWDT) Savings and Credit Co-operatives (Saccos) shall now be required to pay annual regulatory fee to the country’s Sacco Regulator, the Sacco Society Regulatory Authority (SASRA) as they fully come under its purview. According to the November Legal Notice by Sasra the rate of the annual Sacco Societies Levy will be…

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SACCO

SASRA increases approved auditors to accommodate additional Saccos

Sacco Review05 mins

The Sacco Societies Regulatory Authority (SASRA) has increased the number of audit firms approved for auditing Saccos under its supervision to 365 to accommodate the additional cooperatives. The latest figure for the 2024 auditing of Saccos means an additional 92 audit firms have now been cleared to check the books of Saccos, up from 273…

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Sacco boss pleads with Kenyans to save in Saccos to avoid loan sharks

Sacco Review06 mins

Ollin Sacco’s Chief Executive Officer (CEO) John Gathige has urged Kenyans to save in a Sacco in order to get better loans and avoid loan sharks who normally take advantage of their dire situation. Speaking during the Sacco’s 47th Annual General Meeting (AGM) which was held in Kutus Comprehensive Primary School grounds, Gathige stated that…

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Photo: Courtesy

Govt launches ‘Finya Computer Itoe Dollar’ training programme for youths

Sacco Review02 mins

The Government through the Ministry of Labour and Social Protection has rolled out a free training programme dubbed ‘Finya Computer Itoe Dollar’ under the Ajira digital programme through the State Department for Labour and Skills Development. The Ministry has noted that the main aim of the training programme is to equip young people with the…

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Court of Appeal gives Saccos greenlight to share members’ details with CRB

Sacco Review04 mins

The Appeal Court has given orders barring an High Court ruling delivered in September last year which nullified the Banking (Credit Reference Bureau-CRB) Regulations 2020 pending the hearing and determination of the appeal case filed by the Central Bank of Kenya (CBK). The implication is that Saccos are now free to share members’ details with…

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Govt develops measures to improve fertilizer access, reduce costs

Sacco Review08 mins

The Government through the Ministry of Agriculture and Livestock has developed robust measures through a recently developed policy which will ease access to fertilizer to all farmers in a bid to improve crop yield and solve the challenges farmers faced in the past. Through its Agricultural Soil Management Policy 2023, prepared by the State Department…

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SACCO
Commissioner  for Co-operative Development David Obonyo.

Govt instructs Co-operatives to make payments on e-citizen platform

Sacco Review05 mins

Payments to the Management and Supervision Fund will now be done through the e-citizen platform, the Ministry of Co-operatives and Macro, Small and Medium-sized Enterprises Development (MSME) has announced. In a Circular dated January 17, 2024 by the State Department for Co-operatives,  Commissioner  for Co-operative Development David Obonyo has directed all Co-operative Societies and Auditors…

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Bungoma Governor Kenneth Lusaka. Photo: Courtesy

Co-operative Bill deferred after governors complain of being sidelined

Sacco Review07 mins

The Co-operative Bill, 2023 has now been put on hold after county governors claimed that they were not consulted during the drafting. Sponsored by the government through the Ministry of Co-operatives and Micro, Small and Medium-sized Enterprises (MSMEs) Development, the Bill was in Parliament to allow for its first reading before proceeding to other stages…

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