Sacco Review

Digital loan/Photo Courtesy

Digital lenders overtake microfinance banks with ksh 76.8bn in June 2025

The number of licensed Digital Credit Providers (DCPs) in Kenya rose to 126 as of July 2025, reflecting rapid growth in the digital lending sector following the implementation of stricter regulatory requirements by the Central Bank of Kenya (CBK). According to according to the Central Bank of Kenya’s Financial Sector Stability Report DCPs advanced KSh…

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Jack Ranguma, SASRA Board Chairman. Photo/File
Jack Ranguma, SASRA Board Chairman/Photo Courtesy

Joint Financial Regulators forum focus on stability amid rapid tech adoption

The Joint Financial Sector Regulators Forum concluded its 16th Annual Board Retreat in Naivasha, centering its discussions on “Fostering Financial Stability and Resilience Amid Emerging Risks and Regulatory Reforms.” Held against the backdrop of rapid technological transformation in the financial industry, the retreat brought together key regulators to assess the evolving landscape shaped by innovations…

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Afya Sacco delegates Conference/Photo File

Afya SACCO delegates approve key resolutions on dividends, borrowing powers and audits during SDM

The Afya Cooperative Savings and Credit Society Limited has announced a series of major resolutions following its Special Delegates Meeting (SDM) held on November 7, 2025. The meeting, chaired by Chief Executive Officer Lwanga Mbeche, addressed critical financial and governance matters affecting members and the society’s future operations. Delegates approved the non-payment of dividends on…

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CS National Treasury and Economic Planning John Mbadi Ng’ongo during presentation of Ksh 4.2 trillion spending plan for the 2025 26 financial year/Photo Courtesy

Global economic slowdown, rising trade tensions pose risks to financial stability, CBK Report

The global economy is expected to slow in 2025, expanding between 2.8% and 3.0%, down from 3.3% in 2024, according to the Central Bank of Kenya’s Financial Sector Stability Report. The projected deceleration comes despite inflation returning to target levels, with the CBK citing escalating trade tensions, protectionist policies, and heightened policy uncertainty as key…

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Fish tanks/Photo Courtesy

Farmers embrace aquaponics farming in Vihiga

Vihiga County farmers have embraced the aquaponics farming, which involves the integration of fish farming and crop production, to promote food production in the region. The project being supported by the Vihiga county government and other strategic partners is taking root in the region following the establishment of a modern system at Kaimosi Friends Vocational…

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SASRA Acting Chief Executive Officer, David Sandagi,
SASRA Chief Executive Officer, David Sandagi speaking during the Cooperatyive s forum in Naivasha/Photo Courtesy

SASRA CEO underscores key sector reforms at Cooperative Stakeholders’ Forum

The Sacco Societies Regulatory Authority (SASRA) Chief Executive Officer, David Sandagi, has outlined major reforms aimed at strengthening Kenya’s cooperative sector during a high-level panel discussion at the 4th Annual Cooperative Movement Stakeholders’ Forum held at Lake Naivasha Resort. The forum, themed “Shaping the Future of Co-operatives: Leadership, Innovation and Sustainable Growth,” brought together cooperative…

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Cabinet Secretary for Cooperatives and MSMEs Wycliffe Oparanya/Photo Courtesy

CS Oparanya calls for merger of small SACCOs to boost their competitiveness

The Cabinet Secretary for Cooperatives and MSMEs Wycliffe Oparanya has called for the merger of small Savings and Credit Cooperative Organizations (SACCOs) as part of boosting their competitiveness both locally and internationally. Spaeking during the 4th annual Cabinet Secretary’s Cooperative Movement Stakeholders’ Forum, CS Oparanya said that small cooperatives cannot endure local and global emerging competitive…

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Matengo was arrested on Monday night after a viral video showed her beating two female traders with a wooden rod in broad daylight./ Photo courtesy

Ruth Odinga condemns Kibuye Market assault, demands swift justice

Kisumu Woman Representative Ruth Odinga has condemned the assault incident at Kibuye Market that led to the arrest of the market chairlady, Judith Matengo, popularly known as Nyaramba, calling for swift and transparent investigations into the attack. Matengo was arrested on Monday night after a viral video showed her beating two female traders with a…

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Kericho nominated MCA Issack Matker

Nominated MCA celebrates historic moment as Kericho Youth Bill heads to Governor for assent

Nominated MCA Issack Matker has hailed a historic step in Kericho County’s legislative journey after the Kericho County Youth Development Bill 2024, which he sponsored, was officially forwarded to Governor Dr. Erick K. Mutai for assent. The transmittal was made on 19th November 2025 by the Speaker of the Kericho County Assembly, Rt. Hon. Dr….

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Michimikuru Tea Factory Chairman Kathiri Kobia speaking during the AGM

Keep politics out of Michimikuru Tea Factory, Meru farmers warn leaders

Tea farmers and the management at  Michimikuru Tea Factory in Meru County have appealed to the government to safeguard factory operations from what they term as escalating political interference that has cost the sector millions of shillings in lost income. Speaking yesterday during the factory’s Annual General Meeting (AGM), farmers lamented that persistent political meddling…

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