Sacco Review - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Kiambu farmers set to rake in fortunes with tomato grafting

Sacco ReviewOctober 29, 202606 mins

Kiambu farmers are being introduced to modern techniques to improve tomato production. Experts say grafting could help farmers overcome persistent pests and diseases. The partnership aims to improve harvests, farmer incomes and access to quality seedlings. Vegetable farmers, and especially tomato farmers, in Kiambu County are set to generate fortunes from their farming after receiving…

KTDA factories earn Sh1 billion at Mombasa tea auction

Sacco ReviewOctober 29, 202604 mins

Tea factories secured stronger auction returns as premium prices lifted earnings. East of the Rift teas continued attracting buyers seeking top-quality produce. Several smallholder factories stood out for both prices and auction volumes. Tea factories managed by the Kenya Tea Development Agency (KTDA) earned Ksh 1 billion after selling 2,656,230 kg of made tea through…

Taita Taveta turns to Irish potatoes to grow farm incomes

Sacco ReviewOctober 28, 202604 mins

Taita Taveta is stepping up efforts to make Irish potatoes a major source of income for local farmers. County teams are working with organised farmer groups to improve access to quality planting material and better farming methods. Researchers are promoting potato varieties suited to different growing zones as the county targets stronger harvests and markets….

KUSCCO puts 42 properties up for public auction

Sacco ReviewOctober 28, 202604 mins

KUSCCO has listed 42 properties across 12 counties for public auction in November. The sales will take place in Nairobi, Kisumu and Mombasa in three phases. The auction comes as the cooperative umbrella body undergoes liquidation amid financial difficulties. The Kenya Union of Savings and Credit Co-operatives (KUSCCO) Limited has advertised 42 properties for public…

Nairobi Coffee Exchange earns Sh1 billion in Sale 4

Sacco ReviewOctober 28, 202603 mins

Nairobi Coffee Exchange earned about Ksh1 billion from its Sale 04 auction. The auction sold 21,636 bags weighing 1.33 million kilogrammes at an average of USD 294.26 per 50kg bag. Ibero Kenya led buyers with 4,817 bags, while Grade AB recorded the highest volume sold. The Nairobi Coffee Exchange raked in USD 7.8 million, about…

Sugarcane farmers oppose bill shifting lending powers to KADCO

Sacco ReviewOctober 28, 2026October 28, 202607 mins

Sugar growers are questioning proposed changes to the laws governing the industry. Farmers warn that shifting lending powers to KADCO could weaken their influence. Industry representatives want the existing Sugar Act implemented before further amendments. Sugarcane farmers in Muhoroni and Chemelil have come out against a proposed law they say would derail current reforms, take…

Kenyans receiving services at the Kenya Revenue Authority headquarters. PHOTO/KRA

KRA digital records put undeclared income under scrutiny

Sacco ReviewOctober 28, 202608 mins

KRA is expanding digital checks to identify discrepancies in declared income and financial records. Mobile money transactions, electronic invoices and payroll data are among the records under scrutiny. Taxpayers are urged to maintain accurate records and explain transactions that may trigger compliance checks. The Kenya Revenue Authority (KRA) is intensifying its use of digital financial…

Ruto flies to Moscow to seek new markets for Kenyan exports

Sacco ReviewOctober 28, 202604 mins

Ruto is seeking wider international markets for Kenyan agricultural and manufactured goods. The Moscow visit will target investment in agro-processing, energy and infrastructure. Kenya will also pursue partnerships in technology, agricultural inputs and digital innovation. President William Ruto left for Moscow, Russia, on Tuesday evening to push for wider access to foreign markets for Kenyan…

Cyber fraud lessons Kenya can learn from other countries

Sacco ReviewOctober 28, 2026010 mins

Singapore, the UK and Australia offer lessons in tackling rising cyber fraud. Stronger bank coordination and real-time transaction monitoring could help prevent losses. Clearer reimbursement rules and faster responses could strengthen customer protection in Kenya. Kenya’s banks lost approximately Ksh1.59 billion to reported fraud in 2024, yet other countries show that coordinated action can limit…

Banking fraud losses hit Sh1.59bn as threats rise

Sacco ReviewOctober 28, 202606 mins

Kenya’s banking sector is facing mounting pressure as reported fraud losses rise. Mobile and online banking are emerging as key channels exploited by criminals. Regional statistics reveal the scale of financial fraud across East Africa. Kenya’s banking sector lost approximately Ksh1.59 billion to reported fraud in 2024, as increasingly sophisticated cyber threats put pressure on…