Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The government has directed the Kenya Tea Development Agency (KTDA) to release Ksh2.7 billion to tea farmers as part of their 2024–2025 bonus payments, following the recovery of funds previously held in two collapsed banks. In a letter addressed to KTDA Holdings Chief Executive Officer Wilson Muthaura, Principal Secretary in the State Department for Agriculture,…
The cooperative movement in Trans Nzoia County has received a major boost after the county government, operationalized large-capacity cereal driers across several key cooperatives. The move is part of the county’s Post-Harvest Loss Management Initiative, aimed at helping farmers reduce grain losses and improve profitability. Through the Department of Agriculture and Cooperatives, the county has…
The Tier one lender Co-operative Bank of Kenya (Co-op Bank) has been recognised for its pioneering work in small business finance, winning the “Product Innovation of the Year (Africa)” award at the Global SME Finance Awards 2025. The award, hosted by the International Finance Corporation (IFC) and the SME Finance Forum, endorses the lender’s strategy…
A prominent Miraa farmer from Kinisa Amwathi in Igembe North Subcounty, Meru County is counting huge losses after his Miraa farm was set ablaze by unknown people. The owner of the farm Kamakia Arunga said he was shocked and devastated after his 3-acre miraa farm, which a source of livelihood is for many, was reduced…
Savings and Credit Cooperative Organizations (SACCOs) have long been heralded as engines of financial empowerment, particularly in underserved and emerging markets. They provide a lifeline for millions by offering affordable credit, encouraging savings, and promoting economic inclusion. Yet, like any other financial or corporate institution, SACCOs are not immune to the inherent cycles of growth,…
Saving for retirement is one of the most important financial decisions individuals need to make during their working lives. It is essential to ensure financial security and peace of mind in one’s later years. However, many people struggle with planning for retirement due to limited access to pension schemes, financial illiteracy, or inadequate income. Savings…
In the intricate landscape of Kenya’s financial ecosystem, the Sacco Societies Regulatory Authority (SASRA) Supervision Report 2024 emerges as a pivotal barometer of the cooperative banking sector’s vitality. Released on September 25, 2025, by Cabinet Secretary for Cooperatives and MSMEs Wycliffe Oparanya, this annual statutory document—mandated under Section 22 of the Sacco Societies Act—chronicles the…
Savings and Credit Co-operative Societies (SACCO) are busy redesigning their financial products, policies and strategies so as to compensate for low loan disbursements as a tough economy erodes household incomes and thrown many out of jobs. For players like Mwalimu National SACCO, the plan is to generate Non-funded income, away from its core activity of…
Farmers in Tindiret Sub-county in Nandi County are turning to climate-smart agriculture as unpredictable weather continues to disrupt traditional farming patterns in the region. Once known for its fertile soils and reliable rainfall, Tindiret has in recent years experienced prolonged dry spells and sudden heavy rains, making it increasingly difficult for smallholder farmers to depend…
Principal Secretary for Diaspora Affairs Roseline Njogu has revealed that many qualified Kenyan youth have lost the opportunity to be employed in the diaspora due to the inappropriate skiza tunes in their phones. PS Njogu regretted that a simple rough or rowdy skiza tune has cost many skilled Kenyans opportunities under the Kazi Majuu program….
