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Manufacturers warn of rising consumer goods costs as fuel prices hit record highs

Sacco ReviewMay 19, 202606 mins

The Kenya Association of Manufacturers (KAM) has released a statement expressing concern over the sharp increase in fuel prices following the latest review by the Energy and Petroleum Regulatory Authority (EPRA). In its statement dated May 18, the association highlighted fuel prices at Ksh214.25 for Super Petrol, Ksh242.92 for Diesel, and Ksh152.78 for Kerosene. The…

Ollin Sacco announces job vacancies for qualified professionals

Sacco ReviewMay 19, 202604 mins

Ollin Sacco Society Limited has announced vacancies for qualified individuals to fill several positions on renewable contracts. The available positions include Accounts Assistant, Sales Executive, and Assistant Administrative Officer. According to the sacco, the interested applicants must be between 25 and 35 years old, computer literate, and possess strong communication and interpersonal skills. “Candidates applying…

A protester carrying empty jerry can during the ongoing matatu strike

EPRA cuts diesel prices by Ksh 10.06 as motorists strike enters second day

Sacco ReviewMay 19, 2026May 19, 202603 mins

The Energy and Petroleum Regulatory Authority (EPRA) has announced new fuel prices, reducing the retail price of diesel by Ksh 10.06 while increasing kerosene prices by Ksh 38.60. The announcement comes amid a nationwide strike by public transport operators that has left four people dead, 348 arrested, and 30 others injured. Despite EPRA’s announcement on…

Former CS Adan Mohamed appointed new KRA commissioner general

Sacco ReviewMay 19, 202604 mins

Former Industrialisation Cabinet Secretary (CS) Adan Abdulla Mohamed has been appointed as the new Commissioner General of the Kenya Revenue Authority (KRA) for a three‑year term, effective May 18, 2026. His appointment was confirmed in a special issue of the Kenya Gazette dated May 18, through a notice signed by Treasury Cabinet Secretary John Mbadi….

Government moves to cushion small traders and MSMEs from rising business costs

Sacco ReviewMay 18, 202603 mins

The government has unveiled a series of interventions aimed at easing the financial strain on small‑scale traders and Micro, Small and Medium Enterprises (MSMEs) struggling with the rising cost of doing business. Appearing before the Senate Plenary, Cabinet Secretary for Co‑operatives and MSME Development Wycliffe Oparanya outlined ongoing programmes designed to provide affordable financing, expand…

Kindiki condemns violence, appeals for peace as fuel protests rock the country

Sacco ReviewMay 18, 2026May 18, 202605 mins

Deputy President Kithure Kindiki has condemned violent protests witnessed across parts of the country over rising fuel prices and called for calm as the government seek intervention measures. The countrywide demonstrations witnessed in several parts of the country disrupted the transport sector and paralysed movement in several towns. Prof Kindiki appealed for calm, urging Kenyans…

CS Mbadi promises new measures to cushion Kenyans from soaring fuel prices

Sacco ReviewMay 18, 202606 mins

National Treasury Cabinet Secretary John Mbadi has assured Kenyans that the government is weighing fresh interventions to ease the burden of soaring fuel prices, which continue to pile pressure on households and businesses across the country. Speaking in Kisumu during a public engagement, Mbadi revealed that the Treasury is exploring additional measures, including further tax…

Ruto: Kenya’s affordable housing costs no more than informal dwellings

Sacco ReviewMay 18, 202605 mins

President William Ruto has defended Kenya’s affordable housing initiative, stating that the country has shown that people living in informal settlements can move into modern high-rises without facing higher living costs. Speaking at the World Urban Forum in Baku, Azerbaijan, on May 18, President Ruto highlighted that Kenya had begun replacing Nairobi’s informal settlements with organised,…

Co‑operative Bank posts record quarterly profit as digital growth fuels expansion

Sacco ReviewMay 18, 202605 mins

Co‑operative Bank of Kenya has reported its strongest quarterly performance in history, posting a profit before tax of KSh11.37 billion for the three months ended March 31, 2026. The result, announced on May 13, represents an 18.1 per cent increase from KSh9.63 billion recorded in the same period last year. Profit after tax rose even…

Ruto reaffirms affordable housing agenda at World Urban Forum in Baku

Sacco ReviewMay 17, 202604 mins

President William Ruto has reiterated his administration’s commitment to expanding Kenya’s Affordable Housing Programme during high‑level engagements at the World Urban Forum in Baku, Azerbaijan. Ruto made the remarks after meeting Anacláudia Rossbach, Executive Director of the United Nations Human Settlements Programme (UN‑Habitat), on the sidelines of the global summit on sustainable urban development. In…