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

Stakeholders reject harsh penalties in Street Vendors Bill, call for fairer measures

Sacco ReviewJune 17, 202604 mins

A proposal in the Street Vendors Bill, 2023, that seeks to impose fines of up to Sh200,000 on street traders has drawn sharp opposition from lawmakers, government officials, and market stakeholders, who argue the penalties are excessive and risk worsening the plight of thousands of Kenyans who rely on informal businesses for survival. The Bill…

Generational wealth: Building a legacy that lasts

Sacco ReviewJune 17, 2026June 17, 202609 mins

In many societies, success is often measured by what one acquires during one’s lifetime. However, true financial success goes beyond personal comfort and extends to creating opportunities for future generations. This is the essence of generational wealth. Generational wealth refers to assets, resources, and financial advantages that are passed down from one generation to another….

Rising coffee returns renew hope for Kirinyaga farmers as maize returns decline

Sacco ReviewJune 17, 202603 mins

Farmers in Kirinyaga Central and Ndia constituencies have been encouraged to embrace coffee farming and reduce their reliance on maize cultivation, which stakeholders say yields considerably lower returns. Speaking at Kaitheri in Kerugoya, Kirinyaga Central, National Coffee Cooperative Union (NACCU) Chairman Felix Mwai noted that the two constituencies collectively produced 16 million kilogrammes of coffee,…

Ollin Sacco marks 50 years, shifts focus to young members

Sacco ReviewJune 16, 202603 mins

By Jane Mugambi Ollin Sacco marked its 50th anniversary on Saturday, June 13, 2026, unveiling an expanded growth strategy targeting young members and other professionals as it seeks to deepen financial inclusion and scale its asset base. The Sacco, which began in 1976 as a small teachers’ savings initiative in Kerugoya with just five members,…

Family Bank secures CMA approval for NSE listing set for June 23

Sacco ReviewJune 16, 202604 mins

Family Bank has received approval from the Capital Markets Authority (CMA) to proceed with its listing on the Nairobi Securities Exchange (NSE), paving the way for the bank to offer its shares for trading on the public market. The listing, which will be undertaken through an introduction, will allow existing shareholders to trade their shares…

NCBA General Manager for Branch Business in the Western Region, David Wasamba

NCBA, Kabarak University launch programme to boost SME growth

Sacco ReviewJune 16, 202603 mins

Local small and medium-sized entrepreneurs are set to benefit from a four-month business development programme launched by Kabarak University in partnership with NCBA Bank Group at the university’s Nakuru campus. The initiative aims to equip entrepreneurs and investors with practical business skills, market knowledge, and emerging trends to help them navigate the increasingly competitive business…

Fresh state inquiry targets Metropolitan Sacco over insolvency and mismanaged billions

Sacco ReviewJune 16, 2026June 16, 202603 mins

The government has launched a fresh inquiry into the operations of Metropolitan National Sacco, focusing on its by‑laws, financial status, and overall sustainability. The move was announced in a gazette notice dated June 15, 2026, by Commissioner for Co‑operative Development David Obonyo. The Sacco was declared technically insolvent in February 2025, after regulators flagged mismanaged…

Ruto to push for trade and investment partnerships for Africa at G7 Summit

Sacco ReviewJune 15, 202604 mins

President William Ruto will represent Africa at the upcoming G7 Summit, where he is expected to champion increased investment, expanded trade opportunities, and job creation across the continent. The summit, which brings together leaders of the world’s largest economies, will focus on pressing global challenges including economic resilience, international security, energy security, technological innovation, and…

Government to roll out second tranche of NYOTA funds on June 27, Says Kindiki

Sacco ReviewJune 15, 202604 mins

The government has confirmed that the second tranche disbursement under the National Youth Opportunities Towards Advancement (NYOTA) programme will officially begin on June 27, 2026, unlocking fresh business capital for thousands of young entrepreneurs across the country. Announcing the date after receiving an update report at Harambee House on Monday, Deputy President Kithure Kindiki said…

Parliamentary watchdog probes suspected entry of unsafe sugar into Kenyan market

Sacco ReviewJune 15, 202606 mins

The National Assembly Committee on Trade, Industry and Cooperatives has begun investigations to determine whether sugar unfit for human consumption has found its way into the Kenyan market through local mills. The Committee, chaired by Ikolomani MP Bernard Shinali, visited the Chathe Group of Companies, which operates under the trade name Kibos and Allied Industries,…