Sacco Review

Nyeri cooperatives honoured for excellence and strong member returns at 2026 Ushirika Day

Coffee societies, SACCOs, housing and dairy cooperatives were honoured for delivering strong member returns during the 104th International Day of Cooperatives, as Governor Mutahi Kahiga urged transparency, accountability, digital innovation and youth leadership to sustain the sector Cooperative societies in Nyeri County were honoured for delivering some of the highest returns to members during the…

Read More
Cabinet Secretary, National Planning and Economic Planning, John Mbadi-Photo|Courtesy

CS Mbadi credits government reforms for reviving local sugar industry

Treasury CS John Mbadi says government reforms have revived local sugar production, urging policies to lower consumer costs, protect farmers from cheap imports, and highlighting initiatives like the Hustler Fund and Nyota Programme to support small businesses. Treasury Cabinet Secretary (CS) John Mbadi has credited government reforms in the sugar industry with reviving local production,…

Read More
CAK CEO Daniel Marube-Photo|Courtesy

Members challenged to strengthen Co-op sector oversight through AGMs

CAK CEO Daniel Marube has urged cooperative members to actively attend Annual General Meetings (AGMs) to elect leaders of integrity, strengthen governance, and safeguard the cooperative movement’s role in peace, savings culture, youth empowerment, and sustainable development Kenya’s cooperative movement is challenging members to take charge of their institutions by actively participating in Annual General…

Read More
Universal Traders Sacco CEO Dominic Mutunga addressing members during the Sacco Members' Education Day in Machakos on July 2,2026. Photo/Stephen Muthini

UTS holds members’ education day in Machakos, highlights SASRA rules and proposed SACCO act amendments

Universal Traders Sacco held its forum in Machakos, educating members on SASRA regulations, financial discipline, new products, and electing new delegates. CEO Dominic Mutunga highlighted Senate proposals including cheque book issuance, forex access, a Deposit Guarantee Fund, and shared services to strengthen Sacco operations and protect members’ savings. The Universal Traders Sacco (UTS) on Thursday…

Read More
Chief Executive Officer of the Cooperative Alliance of Kenya (CAK)-Daniel Marube -Photo|Courtesy

Cooperative leaders calls for unity as the country heads towards the 2027 general election

Kenya’s cooperative leaders have urged citizens to embrace peaceful coexistence and good governance, as the country prepares for the 2027 General Election. Speaking ahead of the national Ushirika Day celebrations set for Saturday, July 4, 2026, at Uhuru Park, Nairobi, Daniel Marube Chief Executive Officer of the Cooperative Alliance of Kenya (CAK), said this year’s…

Read More

SASRA data shows majority of SACCO members hold less than KSh100,000 in deposits

SASRA data shows that nearly 92% of SACCO members hold balances of KSh100,000 or less, with 89% below KSh50,000, highlighting the small‑scale nature of savings among millions of Kenyans. Proposed amendments to the Sacco Societies Act aim to operationalize a KSh100,000 compensation ceiling, modernize SACCOs through shared technology services, and establish a central liquidity framework…

Read More
Chairman of Muka Mukuu Farmers Cooperative Society in Matungulu Sub-county,Dominic Nthwao-Photo|Gastone Valusi

High Land Valuation and Stamp Duty costs deny Matungulu farmers title deeds

Farmers say high land valuation rates, with stamp duty charged at 4% of Sh1 million per acre, are locking many out of acquiring title deeds. Farmers in Matungulu Sub‑county say high land valuation rates, which push up stamp duty fees, have left many unable to secure title deeds for their parcels. The concern was raised…

Read More
Youths from Wajir County participate in a Capital Markets Authority financial literacy forum on investment opportunities in Kenya's capital markets

Wajir youth urged to invest beyond livestock and land as CMA expands outreach

The initiative aims to deepen financial inclusion by exposing residents to investment opportunities that have traditionally recorded low uptake in northern Kenya Youths have been urged to seize the opportunity noting that formal employment opportunities were becoming increasingly scarce The Capital Markets Authority (CMA) has rolled out a major financial literacy campaign in Wajir County,…

Read More
Treasury CS John Mbadi.
Treasury CS John Mbadi speaking during a past event.

Treasury CS unveils new tax filing deadlines for PAYE employees, nil return filers

National Treasury Cabinet Secretary John Mbadi has announced new tax filing reforms targeting individual taxpayers and nil return filers in a bid to ease pressure on the Kenya Revenue Authority (KRA) online portal during the annual tax compliance period. The changes follow the congestion experienced on the KRA system ahead of the June 30, 2026…

Read More
Governor Wavinya Ndeti inspect the Mwala Water Clustwr Project intake at Kisekini village in Matungulu Sub-county-Photo|Gastone Valusi

Governor Wavinya inspects Mwala cluster water project, cautions against vandalism

Machakos Governor Wavinya Ndeti has inspected the Mwala Cluster Water Supply Project intake at Kisekini in Matungulu Sub‑county, cautioning residents against vandalism of the facility that is set to serve more than 10,000 residents and farmers across Machakos. The inspection formed part of her development tour of Matungulu Sub‑county, where she made several stopovers to…

Read More
Don`t copy text!