Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Uchumi Supermarket PLC has emerged victorious in a commercial dispute with Aljazeera City Market after the High Court awarded the retailer KSh26.7 million in special damages for breach of a franchise agreement. The case revolved around an eight year franchise deal signed between the two parties in October 2018. The court found that Aljazeera had…
Standard Chartered Bank Kenya has blocked a KSh 7.09 billion payout to 629 former employees after obtaining a court order halting enforcement of a tribunal’s ruling. The decision comes after the Retirement Benefits Appeals Tribunal (RBAT) recently ordered the bank and its pension trustees to pay the retirees their revised benefits. The retirees, some of…
In a bid to bolster Kenya’s economy, the government through the Ministry of Cooperatives and MSMEs Development has joined forces with Equity Bank to support Small and Medium-sized Enterprises (SMEs) in accessing capital, expanding markets, and building institutional capacity. Speaking at the second edition of the Annual SME Conference, Cabinet Secretary Wycliffe Oparanya emphasized that…
Co-operatives and MSMEs Development CS Wycliffe Oparanya stood before SACCO leaders at Kenya Union of Savings and Credit Co-operatives (KUSCCO).on 23 June, 2025, and delivered an upbeat progress report on the sector clean-up launched after the KSh 13 billion KUSCCO scandal. He said investigative files have been handed over for prosecution and promised that “every…
Ndarugu Dairy Farmers Co-operative Society in Kiambu County has received a 5,000-litre milk cooler from the Ministry of Agriculture and Livestock Development. The machine was handed over by Principal Secretary State Department for Livestock Development Jonathan Mueke said the group is among 230 farmer cooperatives across Kenya benefiting from the ongoing national rollout of milk…
Increased budgetary allocations to Kenya’s agricultural sector are expected to trigger a surge in demand for loans among members of agro-based SACCOs. This rise in credit demand is seen as a chance for SACCOs to enhance their loan portfolios, particularly for those directly supporting agriculture and rural development. With expectations of improved crop and animal…
In a landmark achievement for gender equity and inclusivity, the National Cooperative Gender Platform (NCGP) has successfully completed its validation process, marking a significant milestone in the cooperative sector. This development, announced recently, underscores a growing commitment to ensuring that cooperatives—long celebrated for their democratic and community-driven ethos—become equal playing fields for all genders. The…
SACCOs have been urged to embrace prudential regulatory frameworks by working closely with African Confederation of Cooperative Savings and Credit Associations (ACCOSCA) and Policymakers to strengthen SACCOs Regulation for financial stability and also unlock their full potential as engines of inclusive economic transformation in Africa. This was arrived at during the official close of the…
Four new Cooperative societies have been registered in Magarini Sub County in Kilifi County by the Cooperative Development Ministry. Speaking to Sacco Review from Gongoni town recently, Magarini sub county Cooperative Officer, Edward Fondo said that the four newly registered Cooperative Societies were registered between the months of March and June this year. He also…
Kakamega County has commissioned a Ksh.17Million hatchery project as part its effort of ensuring food security, employment and agribusiness ventures for the young people in the county Kakamega county Governor Fernandes Barasa during the launching of the said modern poultry hatchery in Eshirembe, Marama Central Ward, Butere Sub-County, said the project will be a game…
