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

President Ruto assents Anti-Money Laundering bill that empowers SASRA in regulating Saccos

Sacco ReviewJune 17, 202505 mins

President William Ruto has assented to the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Bill, 2025. The head of state also signed into law the Insurance Professionals Bill (National Assembly Bills No. 13 of 2024). The Anti-Money Laundering and Combating of Terrorism Financing legislation is designed to strengthen Kenya’s framework for tackling money…

KEBS Board Chair calls for strengthening of security systems in public, private sectors to curb cyber-attacks

Sacco ReviewJune 17, 202506 mins

The Kenya Bureau of Standards (KEBS) Board Chairman Dr Chris Wamalwa has called for strengthening of security systems across the public and private sectors to secure the country against cyber-attacks. Wamalwa said the country was facing a growing scale and complexity of cyber threats targeting critical national infrastructure, corporates and financial institutions. This, he said has…

Matungulu residents demand for Bus Park opening to boost local trade

Sacco ReviewJune 17, 202503 mins

Residents of Koma in Matungulu Sub-county in Machakos County have called on their county government to open the Koma Hill bus park along the Nairobi – Kangundo road in order to boost trade and enable vehicles to operate with ease. The residents led yesterday by Koma Hill Market Chairman, Antony Mutungi said the bus park…

Machakos Youth, Women funds returned to Treasury due to county assembly wrangles, Governor reveals

Sacco ReviewJune 17, 2025June 17, 202503 mins

Over 60 Million Shillings meant for youth and women empowerment in Machakos County has been returned to Treasury due to the ongoing wrangles between the Speaker and Members of the County Assembly. Machakos Governor Wavinya Ndeti said the funds have been returned to Treasury due to failure by MCAs to pass the requisite legislation as…

KR positions its Marine Division a key player in regional logistics as plans to expand emerge

Sacco ReviewJune 17, 202508 mins

Kenya Railways, (KR) is positioning its Marine Division as a key player in regional logistics, with bold plans to expand marine transport services across Lake Victoria. With two cargo vessels — MV Uhuru I and the recently commissioned MV Uhuru II — already operating on separate routes, the state corporation is capitalizing on growing demand…

Agriculture CS urges counties to protect ASK lands against grabbers, encroachment

Sacco ReviewJune 17, 2025June 17, 202505 mins

Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe has firmly directed county governments across the country to protect Agricultural Society of Kenya (ASK) parcels of lands from encroachment and land grabbers. Speaking during the official opening of the 2025 ASK Kakamega show, Kagwe stressed that the property must remain under ASK’s control and be made…

Gov’t to construct nuclear power plant in Siaya County, to boost power supply

Sacco ReviewJune 17, 202503 mins

The government through the Ministry of Energy has unveiled ambitious plans to establish a multi-billion dollar nuclear power plant in Siaya County. Energy Cabinet Secretary Opiyo Wandayi announced the initiative recently, highlighting the government’s commitment to ensuring an adequate and reliable power supply for industries, businesses, and homes. “This power plant will supply electricity to…

Gov’t to support 70 SMEs in every Ward via NYOTA program – Kindiki says

Sacco ReviewJune 17, 202504 mins

Deputy President Kithure Kindiki has revealed that the government is targeting to support 70 Small and Micro Enterprises (SMEs) in every Ward through the National Youth Opportunities towards Advancement (Nyota) Program. Each business will get a capital injection of Sh50, 000 to boost operations in order to grow the economy Prof Kindiki said. Speaking at…

Sacco stakeholders plant trees to mark Ushirika Environment Day 2025

Sacco ReviewJune 16, 2025June 17, 202502 mins

Sacco stakeholders on Saturday joined hands in a vibrant tree planting exercise at Jamhuri Show Grounds to celebrate Ushirika Environment Day 2025 under the theme “Co-operatives Build a Better World,” The exercise was in preparation for the 103rd International Day of Cooperatives, which will be observed on July 5th (county ushirika day celebrations) and 12th…

SACCOs urged to develop strong strategic plan to keep them afloat in business

Sacco ReviewJune 16, 2025June 17, 202504 mins

Kisii County Trade, Tourism, and Marketing Executive Committee Member (ECM) Cyrus Nyabicha has urged the societies to develop strong strategic plans that will guide their operations and keep them afloat in the competitive business environment. Nyabicha spoke at Kisii Agricultural Training Center (KATC) during the commissioning of the Gusii Youth Bunge Savings and Credit Cooperative…