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

Gov’t plans to end zero-rated VAT for affordable housing

Sacco ReviewJune 12, 202604 mins

The government has announced plans to scrap the zero-rated Value Added Tax (VAT) status currently applied to affordable housing projects, signalling a major change in the taxation of one of its flagship development programmes. Speaking during a press briefing, National Treasury Cabinet Secretary John Mbadi said the proposed reforms will be included in the 2026…

Gov’t opens Kamwangi lands registry to decentralize services and strengthen land administration

Sacco ReviewJune 12, 202606 mins

The government has officially commissioned the Kamwangi Lands Registry in Gatundu North, marking a major step in its plan to decentralize land services and bring critical functions closer to citizens. The new facility, launched by Lands, Public Works, Housing and Urban Development Cabinet Secretary Alice Wahome alongside Principal Secretary Nixon Korir, is expected to serve…

NSSF issues guidelines for families to access deceased members’ savings

Sacco ReviewJune 12, 202602 mins

The National Social Security Fund (NSSF) has released clear guidelines for beneficiaries seeking to retrieve savings belonging to deceased family members, following public inquiries on how to access such funds. According to the Fund, claimants are required to visit the nearest NSSF office with the original death certificate of the deceased, a copy of the…

Governor Wavinya orders leaders to surrender grabbed Miwongoni Dam land to Sacco members

Sacco ReviewJune 12, 202604 mins

Machakos Governor Wavinya Ndeti has reprimanded a section of leaders who have illegally acquired land earmarked for the construction of the Miwongoni Mega Dam and urged them to surrender the plots to genuine Sacco members for compensation. Speaking on Wednesday during her ongoing development tour of Machakos Town Sub‑county, the Governor alleged that a local…

Brookside Dairy pays out KSh255 million bonus to farmers

Sacco ReviewJune 11, 202603 mins

Milk processor Brookside Dairy has released KSh255 million in bonuses to its contracted farmers during the six months ending May 2026. The payouts were issued to suppliers who met quality standards and surpassed milk delivery targets under the company’s long-running incentive programme. The bonus, which is paid in addition to regular milk payments, is intended…

SASRA launches case digest to guide Sacco governance and dispute resolution

Sacco ReviewJune 11, 2026June 11, 202605 mins

The Sacco Societies Regulatory Authority (SASRA) has unveiled first-ever Cooperative Financial and SACCO Law Case Digest to guide Sacco governance and dispute resolution. The digest was launched by the Principal Secretary for the State Department for Cooperatives, Patrick Kilemi, during the 2026 Regulatory Policy and Legal Roundtable for Deposit-Taking SACCO Societies. The publication was developed…

Parliament reopens Tea Amendment Bill scrutiny after conflict of interest ruling

Sacco ReviewJune 11, 202608 mins

The National Assembly’s Departmental Committee on Agriculture and Livestock has resumed fresh consideration of the Tea (Amendment) Bill, 2023, after Speaker Moses Wetang’ula directed a new review of the legislation following a conflict of interest complaint against a member of parliament. Wetang’ula’s ruling followed a complaint by Nyeri tea farmer Dr John Omanga, who questioned…

SACCOs should access full deposits from Deposit Guarantee Fund, says Credence Africa

Sacco ReviewJune 11, 2026June 13, 202604 mins

Credence Africa Executive Director Muthoni Njoroge, has called for a review of the Sacco Societies (Amendment) Bill, 2025, to ensure that SACCOs fully benefit from the proposed Deposit Guarantee Fund (DGF), rather than receiving compensation through a fixed percentage. Speaking at the Cooperative Expo 2026 at Uhuru Park, Nairobi; Muthoni highlighted that the DGF, which…

Ufundi Sacco puts landmark Co-op Plaza building up for sale

Sacco ReviewJune 11, 202603 mins

Ufundi Savings and Credit Cooperative Society (Sacco) has announced plans to sell its landmark Co-op Plaza building located at the intersection of Moi Avenue and Moktar Daddah Street in Nairobi’s Central Business District. The property, which stands on a 0.0546-hectare parcel of land, comprises 13 floors and three basement levels, offering approximately 49,000 square feet…

SASRA issues governance ultimatum to NWDT SACCOs

Sacco ReviewJune 11, 202608 mins

Kenya’s cooperative regulator has issued its starkest warning yet to non-withdrawable deposit-taking savings societies, telling their leadership that structural reform and professional governance are no longer optional as the sector steers towards a new legislative framework. The Sacco Societies Regulatory Authority (SASRA) convened its inaugural Regulatory Round Table for Non-Withdrawable Deposit-Taking (NWDT) SACCOs on April…