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A protester carrying empty jerry can during the ongoing matatu strike

EPRA cuts diesel prices by Ksh 10.06 as motorists strike enters second day

Sacco ReviewMay 19, 2026May 19, 202603 mins

The Energy and Petroleum Regulatory Authority (EPRA) has announced new fuel prices, reducing the retail price of diesel by Ksh 10.06 while increasing kerosene prices by Ksh 38.60. The announcement comes amid a nationwide strike by public transport operators that has left four people dead, 348 arrested, and 30 others injured. Despite EPRA’s announcement on…

Former CS Adan Mohamed appointed new KRA commissioner general

Sacco ReviewMay 19, 202604 mins

Former Industrialisation Cabinet Secretary (CS) Adan Abdulla Mohamed has been appointed as the new Commissioner General of the Kenya Revenue Authority (KRA) for a three‑year term, effective May 18, 2026. His appointment was confirmed in a special issue of the Kenya Gazette dated May 18, through a notice signed by Treasury Cabinet Secretary John Mbadi….

Government moves to cushion small traders and MSMEs from rising business costs

Sacco ReviewMay 18, 202603 mins

The government has unveiled a series of interventions aimed at easing the financial strain on small‑scale traders and Micro, Small and Medium Enterprises (MSMEs) struggling with the rising cost of doing business. Appearing before the Senate Plenary, Cabinet Secretary for Co‑operatives and MSME Development Wycliffe Oparanya outlined ongoing programmes designed to provide affordable financing, expand…

Co‑operative Bank posts record quarterly profit as digital growth fuels expansion

Sacco ReviewMay 18, 202605 mins

Co‑operative Bank of Kenya has reported its strongest quarterly performance in history, posting a profit before tax of KSh11.37 billion for the three months ended March 31, 2026. The result, announced on May 13, represents an 18.1 per cent increase from KSh9.63 billion recorded in the same period last year. Profit after tax rose even…

Ruto reaffirms affordable housing agenda at World Urban Forum in Baku

Sacco ReviewMay 17, 202604 mins

President William Ruto has reiterated his administration’s commitment to expanding Kenya’s Affordable Housing Programme during high‑level engagements at the World Urban Forum in Baku, Azerbaijan. Ruto made the remarks after meeting Anacláudia Rossbach, Executive Director of the United Nations Human Settlements Programme (UN‑Habitat), on the sidelines of the global summit on sustainable urban development. In…

Meru residents push for bigger budget share for agriculture and youth empowerment

Sacco ReviewMay 17, 202604 mins

Residents of Meru County have called on the national government to prioritise agriculture and youth empowerment in the 2026/27 Budget, saying the two sectors hold the key to economic growth, job creation and improved livelihoods in the region. Speaking during a public participation forum on the Budget Estimates organised by the National Assembly’s Budget and…

Oparanya: Flaws in MSME and SACCO laws hurting sector growth

Sacco ReviewMay 17, 202604 mins

The government has admitted that weaknesses in existing laws governing Micro, Small and Medium Enterprises (MSMEs) and Savings and Credit Co-operative Societies (SACCOs) are slowing the growth and effectiveness of the sector. Cabinet Secretary for Co-operatives and MSME Development Wycliffe Oparanya told lawmakers that gaps in the current legal framework have undermined efforts to strengthen…

Konza hosts North African innovation forum as Kenya positions for startup corridor role

Sacco ReviewMay 17, 202604 mins

Kenya has strengthened its role as a regional innovation hub after the Konza Technopolis Development Authority (KoTDA) hosted a high‑level North African startup forum in Nairobi. The event, IPDAYS Nairobi x Silicon Savannah Startup Fair 2026, marked the first Kenyan edition of Inno’Preneurs Days (IPDAYS), Tunisia’s premier startup and intellectual property platform established in 2022….

Marube warns against rushed reforms in cooperatives, calls for more public participation

Sacco ReviewMay 17, 2026May 17, 202604 mins

Cooperative Alliance of Kenya (CAK) Chief Executive Officer Daniel Marube has cautioned the government against rushing reforms in the cooperative sector, warning that hurried implementation of the proposed delegate system could undermine governance and erode member confidence. He called for more time to allow public participation and member education, particularly in rural and agricultural cooperatives….

Government resumes Sacco registrations with tougher rules to safeguard members’ savings

Sacco ReviewMay 16, 2026May 16, 202603 mins

The government has lifted its year‑long suspension on the registration of new Savings and Credit Cooperative Organisations (SACCOs), but applicants will now face stricter requirements aimed at strengthening governance and protecting members’ deposits. Speaking during the launch of preparations for this year’s International Co-operative Day celebrations, popularly known as Ushirika Day, Commissioner for Co‑operative Development…