Sacco Review

Lucy Achieng, one of the women who underwent training on entrepreneurship in Homa Bay County.- Photo courtesy

How a Homa Bay mother traded alcohol abuse for a tailoring dream

Oyugis mother turns her life around after overcoming alcohol abuse through skills training. Savings from the programme helped Lucy Achieng launch a tailoring business. She now supports her family and hopes to pursue professional fashion design training. A social-emotional skills programme has helped a young mother in Oyugis, Homa Bay County, overcome alcohol abuse, rebuild…

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Agriculture & Livestock CS Mutahi Kagwe

Kagwe pushes for higher agriculture budget as funding gap widens

Kagwe wants a bigger agriculture budget to strengthen farmer support and food security. The ministry faces a funding gap of more than Sh60 billion. Senate committee pledges to push for more funding for agriculture agencies and research. Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe has called for increased financial support for his ministry. According…

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Goeoge Ombado , Executive Director ACCOSCA

ACCOSCA seeks deeper partnerships to strengthen Sacco sector

ACCOSCA is seeking stronger partnerships to build trust and advance SACCO development across Africa. The organisation says collaboration with regulators, government and media can strengthen cooperative institutions and policy engagement. Stakeholders have called for stronger cross border cooperation as African economies become more interconnected. The African Confederation of Cooperative Savings and Credit Associations (ACCOSCA) is…

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SASRA CEO, CPA David Amiani Sandagi. Photo/Courtesy

SASRA opens 2027 DT SACCO licence renewal window

SASRA has opened applications for DT SACCOs seeking to renew their licences for 2027. Regulated SACCOs have until September 30, 2026, to complete their renewal applications. The regulator will publish the list of SACCOs licensed for 2027 by January 31 next year. The Sacco Societies Regulatory Authority (SASRA) has opened the renewal window for 2027…

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High Court halts Kenya Sugar Board elections

High Court suspends September 5 elections for Kenya Sugar Board grower representatives. The dispute centres on the classification of Bumula Sub County under the wrong sugarcane catchment. The constitutional petition has been fast tracked, with the hearing set for September 11. The High Court has suspended elections for grower representatives to the Kenya Sugar Board…

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SACCOs are putting more focus on what happens behind the numbers

KUSCCO has spent the week training SACCO leaders on budgeting, liquidity management and cost control, while Supervisory Committee members have been sharpening their oversight skills. The combination is telling: financial performance is not just about raising more money. It is also about how SACCOs plan, control costs, manage liquidity and keep management accountable. READ MORE: …

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Firms absorb rising costs in a bid to retain customers

Kenyan businesses are increasingly absorbing rising production and operational costs as they seek to retain customers amid growing price sensitivity and weakening purchasing power. The strategy is intended to protect sales volumes and prevent customers from switching to cheaper alternatives, but it is putting pressure on firms’ profit margins as fuel, transport, energy and raw…

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Kindiki: Africa’s fragmented standards are costing small businesses

Kindiki warns fragmented standards are making it harder for African businesses to trade across borders. Small and medium enterprises are bearing the cost of repeated testing and certification. Kenya backs ARSO efforts to achieve one standard, one test and one certificate across Africa. Deputy President Kithure Kindiki has called on African countries to harmonise product…

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