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

Foundation launched to train SMEs, youth on entrepreneurship and financial literacy

Sacco ReviewMarch 11, 202506 mins

A Foundation seeking to train the youth and Small and Medium Enterprises (SMEs) on entrepreneurship and financial literacy has been unveiled. Munyiri Africa Foundation (MAF) has embarked on a programme aimed at mentoring and imparting relevant knowledge and skills to the youth which will help hone their business skills and start and sustain their business…

35 Saccos in Busia receive Ksh. 24.5M cooperative grant

Sacco ReviewMarch 8, 202503 mins

In a major boost to financial inclusion and agricultural transformation, the County Government of Busia has disbursed a Ksh. 24.5 million cooperative inclusion grant to 35 Savings and Credit Cooperative Organizations (SACCOs). The grant aims to enhance production and value addition, empowering farmers and agripreneurs across the county. As part of this initiative, the government…

Government’s interest rate cut aims to boost economic growth and entrepreneurship

Sacco ReviewMarch 8, 202504 mins

In a strategic move to foster business growth and reduce unemployment, the Kenyan government, through the Central Bank of Kenya (CBK), has implemented a reduction in interest rates. From 11.25% in 2024, the rates have been lowered by 75 basis points to 10.75% in 2025, with an additional 50 basis point cut anticipated. This move…

Public requested to give views on Cooperative bill that has been introduced in Senate

Sacco ReviewMarch 7, 202503 mins

The Cooperative Bill (National Assembly Bill No. 7 of 2024) has been introduced in the Senate. In a public notice by Senate Clerk J.M. Nyegenye, the public has been asked to participate and share their views on the bill. This bill seeks to establish a legal framework that supports a sustainable and competitive cooperative sector…

East Africa Business Council (EABC) organizes meeting with key players in new bid to boost trade

Sacco ReviewMarch 7, 2025010 mins

In a new bid to boost trade in East Africa, the East African Business Council (EABC) has organized a consultative meeting on the development of the regional services policy advocacy agenda. According to EABC board member Mr. Emmanuel Butare, the platform is key in providing a space for service sector actors to shape a game-changing…

Kisumu County Government hands over Ondiek Estate to NHC for redevelopment

Sacco ReviewMarch 4, 202505 mins

The County Government of Kisumu has officially handed over the old Ondiek Estate to the National Housing Corporation (NHC) for a major redevelopment project. The announcement, made by Governor Anyang’ Nyong’o, marks the settlement of a long-standing Sh900 million debt owed by the county to NHC. This debt, inherited from the defunct Kisumu Municipal Council,…

Support budding innovators, entrepreneurs to commercialize their products-State, investors urged

Sacco ReviewMarch 4, 202506 mins

Calls have been made to the Government and the private sector to support young innovators, entrepreneurs and creatives to commercialize their products. Key players in the education sector observe that there’s a batch of next generation innovators in learning institutions across the country who have transformative ideas that will shape the future through creativity and…

Kisumu Sugar Belt Union calls for greater farmer representation in decision-making

Sacco ReviewMarch 3, 202506 mins

The Kisumu Sugar Belt Union is now calling for greater representation of cane farmers in decision-making processes that affect them. Union members have expressed concerns that the current composition of farmers in various committees is too minimal to make any meaningful impact. Union chairman Zedekiah Otene emphasized that more farmers should be included in the…

Nyati SACCO institutes KSh 86.4 Million law suit against KUSCCO

Sacco ReviewFebruary 24, 202505 mins

Nyati Deposit-Taking SACCO has taken legal action against the insolvent Kenya Union for Savings and Credit Co-operative Organization (KUSCCO), seeking to recover a sum of KSh 86,433,583.00 held by the Union as Fixed Deposits. The case, with file number Milimani JR Application N.E 035 of 2025, is currently before the High Court of Kenya in…

SMEs challenged to leverage on technology for growth, sustainability

Sacco ReviewFebruary 21, 202508 mins

Small and medium-sized enterprises (SMEs) have been challenged to leverage on technology and adopt industry networks to position their businesses better for growth. Industry players noted that for small businesses to flourish, adoption of technology is key as it helps in data management, enhanced protection against cyber threats, facilitates improved service delivery and enables access…