Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
In the midst of a growing leadership struggle within the Kenya Union of Savings and Credit Cooperatives (KUSCCO), former directors who were recently ousted from office are protesting the decision and the official removal order. The former directors who are now directors and executives in various SACCOs were removed from the KUSCCO office after the…
Following an increase in hacking in the country, attributed to massive tech job layoffs, which have in recent years plagued many enterprises, organizations have been urged to convert the negative energy of hackers into positive energy by creating opportunities for them. As a result of increased cyberattacks (hacking) and ransomware, many institutions have been grappling…
Cooperators from eight countries in Africa and beyond have benefitted from the impactful Financial Coaching Certification Class of May 2025 organized by The African Confederation of Co-operative Savings and Credit Association (ACCOSCA). The ACCOSCA Academy Center of Excellence addressed psychological aspects of financial management, helping members understand and change their financial behaviors as a key…
State Department for Micro, Small, and Medium Enterprises (MSMEs) Principal Secretary Susan Mang’eni, has defended the department’s move to seek additional funding of Ksh5 billion for the Hustler Fund. The PS while speaking during the 42nd Annual Institute of Certified Public Accountants of Kenya (ICPAK) Seminar in Mombasa, Mang’eni underscored the fund’s importance in providing…
Kajiado County Assembly staff and members of county assembly have registered a Sacco to empower themselves through credit, and investment opportunities. The Sacco dubbed Kajiado County Bunge Savings and Credit cooperative Society Limited received the registration certificate on 20th March 2025. Kajiado County Director of Cooperatives James Taiko commended the assembly for the move which…
More than 2,000 farmers from Meru, Isiolo, and Laikipia counties gathered in Ngare Ndare for a hands-on agricultural expo organized by Lewa Wildlife Conservancy and partners. The farmers’ expo was intended to equip farmers with real, actionable solutions to boost crop yields, adapt to climate change, and protect natural resources. The event brought together farmers,…
The Kenya Union of Sugar Kenya Plantation and Allied Workers (KUSPAW) has confirmed receipt of Ksh 600 million as part of the arears owed to its members by the government. KIUSPAW secretary Francis Wangara said that it is the first phase of the Ksh. 5.3 billion owed to workers leaving Ksh. 4.7 billion in arears….
Savings and Credit Cooperative Organizations (SACCOs) have been challenged to adopt new technology to penetrate in the current business market. Speaking during leaders’ meeting and launch of Ushirika activities Cooperative Bank of Kenya vice chairman Macloud Malonza said saccos should also intensify investments in product development to endure the current market competition. Malonza said Saccos…
The government has suspended registration of new Savings and Credit Cooperatives (SACCOs for a period of three months to allow reform of the sector. Speaking on Wednesday during the inauguration of the five-member Committee of Experts and new Kenya Union of Savings and Credit Co-operatives (KUSCCO) Board Cooperatives and Small and Medium Enterprises (MSMEs) Development…
Savings and Credit Cooperative Organizations in Kenya are emerging as a preferred choice for affordable and accessible loans as demand for housing in the country. According to the 2025 Economic Survey by The Kenya National Bureau of Statistics (KNBS), 31.8% of real estate firms partnered with SACCOs for financing arrangements in 2023, highlighting the growing…
