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

MPs raise concerns over governance issues in the Veterinary Board

Sacco ReviewMarch 24, 202603 mins

The Public Investments Committee on Social Services, Administration and Agriculture (PIC-SSAA) has raised concerns over financial and governance issues at the Kenya Veterinary Board following audit queries. The committee, chaired by Navakholo MP Emmanuel Wangwe, questioned how the Board constructed its headquarters on land without a title deed. KVB Chief Executive Officer Mary Theresa Agutu…

Why experts recommend deposit insurance to protect Sacco members billions

Sacco ReviewMarch 24, 2026012 mins

For millions of Kenyans, Savings and Credit Cooperative Organisations (SACCOs) are trusted financial lifelines workforce borrow loans and plan their futures. Loans from SACCOs usually have lower interest rates than banks, mobile lenders, or microfinance institution. According to the Sacco Societies Regulatory Authority (SASRA) gross loans across the industry increased to Ksh 948.31 billion in…

Molo Sub County Cooperative Officer Haron Muraya (centre)

Cooperatives supervisory committee and board of directors urged to work together to support members’ growth

Sacco ReviewMarch 24, 202605 mins

The Cooperative Movement Supervisory Committee and Board of Directors have been urged to work closely to ensure they improve the status of their cooperative movement for the benefit of members and delegates. This was said by Molo Sub County Cooperative Officer Harun Muraya, who said that both supervisory committee and board of directors should perform…

Equity Bank's Chief Executive Officer James Mwangi addresses investors at the Equity Bank headquarters recently. Photo/Courtesy

Equity Group enter Africa’s top 10 banks by brand value

Sacco ReviewMarch 24, 202602 mins

Equity Group Holdings has entered Africa’s top 10 banks by brand value, according to the 2026 Brand Finance report. The ranking, traditionally led by South African and Nigerian lenders like Standard Bank, First National Bank, Absa Group, Zenith Bank, and Guaranty Trust Holding Company, now includes the Kenyan lender among Africa’s elite. Equity posted a…

State seeks Ksh300M to pursue recovery of defaulted loans under Hustler Fund

Sacco ReviewMarch 24, 202603 mins

The State Department for Micro, Small and Medium Enterprises is seeking Ksh 300 million in a supplementary budget to pursue recovery of defaulted loans under the Hustler Fund, with Ksh12.5 billion still unpaid by borrowers. According to the department, the funds will primarily be used for awareness and sensitization campaigns aimed at encouraging defaulters to…

Kisumu County pledges support for Keystone DT SACCO to enhance growth

Sacco ReviewMarch 23, 202604 mins

The County Government of Kisumu has pledged support for Keystone Deposit-Taking Savings and Credit Co-operative (DT SACCO) in order to ensure its sustained growth. This was said by the County chief officer in charge of education, Bovince Ochieng, who lauded the SACCO for its steady growth over the years. Ochieng who spoke during the society’s…

Kagwe calls on developed nations to finance Africa’s climate-smart agriculture to cure global food security

Sacco ReviewMarch 23, 202603 mins

Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe has called on the developed nations and global investors to urgently finance climate-smart agriculture in Africa, warning that inaction could destabilize global food systems. Speaking at the 3rd Climate Change Global Business Summit on Africa in Nairobi, CS Kagwe said climate change is no longer a future…

IG SACCO cracks down on loan defaulters as members seek relief

Sacco ReviewMarch 23, 2026March 23, 202604 mins

Kakamega based Invest & Grow (IG) Sacco’s intensified loan recovery measures are starting to bite, with some members feeling the heat as the cooperative pushes for timely repayments. In a statement released recently, the Sacco said its proactive loan processing and recovery strategy is yielding results, signaling a tougher stance on members who default. The…

Govt injects Ksh3.5Million to refurbish tea factories, boost farmer earnings

Sacco ReviewMarch 22, 202607 mins

The government has injected Kh3.5 billion to refurbish tea factories to meet international standards and also enable them to do value addition on tea for better prices at the tea auction center in Mombasa. Speaking at Olenguruone Tea Factory during the issuing of a corporation certificate to the factory to enable it operate autonomously as a…

President Ruto, Ugandan Yoweri Museveni launch Kisumu-Malaba SGR construction to boost border-trade

Sacco ReviewMarch 22, 202603 mins

President William Ruto and his Ugandan counterpart Yoweri Museveni on Saturday commissioned the construction of the Kisumu–Malaba Standard Gauge Railway (SGR) line in Kisumu. The historic event marks a significant step toward strengthening regional transport and trade connectivity. Speaking during the event, President Ruto said the Kenya-Uganda Railway, a colonial infrastructure traversing Kenya from the…