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

Market Day Traders SACCO entire committee officials voted back into office

Sacco ReviewMarch 22, 2026March 22, 202602 mins

The entire Executive Committee members of the Market Day Traders Savings and Credit Co-operative Organization (SACCO) have been voted back into office. The office bearers led by the SACCO chairman Francis Oduor were re-elected unopposed during their 3rd Annual General Meeting in Nyilima, Rarieda, Siaya County. Others also elected unopposed include; Peter Otieno as secretary,…

How to spot a high potential employee in the first 30 days

Sacco ReviewMarch 22, 2026010 mins

The first thirty days in any new role are often misunderstood. Many leaders assume this period is too early to judge an employee’s value, preferring to wait for measurable results over several months. Yet, the truth is far more compelling: the first month does not reveal performance, but it reveals something far more powerful—potential. And…

Key recommendations to restore trust in KUSCCO

Sacco ReviewMarch 22, 202607 mins

The Committee of Experts reviewing Kenya’s SACCO legal and regulatory framework has called for immediate reforms at the Kenya Union of Savings and Credit Co-operatives Ltd (KUSCCO) to restore public confidence following a massive fraud scandal. The scandal, which saw over Ksh13.3 billion misappropriated from member SACCOs, involved illegal withdrawals, unauthorized transfers, and unsupported executive…

Rising Middle-East tensions pile pressure on Kenyan women-led businesses

Sacco ReviewMarch 21, 202607 mins

Kenyan women entrepreneurs are grappling with mounting economic pressure linked to the ongoing Israel–Iran conflict, with industry players warning that escalating production costs could soon be passed on to consumers. Businesses that depend on imports of raw materials and finished goods from the Middle East and other affected regions are bearing the brunt, as shipping,…

Ushuru Sacco writes off sh5 million in KUSCCO exposure amid sector risks

Sacco ReviewMarch 20, 202603 mins

Ushuru Savings and Credit Co-operative Society has written off Sh5 million tied to its investment in the troubled Kenya Union of Savings and Credit Co-operatives (KUSCCO), underscoring growing risks in the cooperative sector. The impairment, disclosed in Sacco’s latest annual report, reduced the value of its KUSCCO shares from Sh15 million to Sh10 million. The…

Inside the SACCOs’ Deposit Protection Fund recommended by experts

Sacco ReviewMarch 20, 2026March 20, 202608 mins

The Savings and Credit Co-operative Societies (SACCOs) in Kenya might finally have a deposit protection fund(DPF) similar to that enjoyed by banks, 5 years after Kenya’s Cabinet approved amendments to the Savings and Credit Co-operative Societies (SACCO) Act, to make this happen. The fund proposed by the sector experts seeks to establish a deposit insurance…

Youth urged to embrace avocado farming to boost their lives

Sacco ReviewMarch 20, 2026March 20, 202603 mins

Youth, including graduates from colleges and universities have been urged to embrace avocado farming to boost their lives. Kisii County Agriculture Deputy Director Nicholas Manyisa said avocado farming is lucrative and challenged youth to embrace it in order to boost their incomes and standard of living. Speaking at Kisii Agricultural Training Centre (KATC) during the…

Senator Ojienda raises concerns over rising mobile money fraud and digital scams, seeks answers

Sacco ReviewMarch 19, 202603 mins

Kisumu Senator Prof. Tom Ojienda SC has raised concerns over the growing prevalence of mobile money fraud, digital impersonation schemes and other tech enabled financial scams affecting Kenyans across the country owing to the rapid rise in adoption of mobile money and electronic banking. Rising pursuant to Standing Order 53(1), Senator Ojienda requested a Statement…

Govt steps up efforts to make agriculture attractive to youth to boost productivity

Sacco ReviewMarch 18, 202603 mins

The Government is stepping up efforts to make agriculture more attractive and profitable for young people as part of a broader plan to address the aging farmer population and boost productivity. Speaking during the launch of Cohort Five of the Competency Based Education and Training (CBET) Programme in Horticulture Production at the Kenya School of…

CS Kagwe: All agricultural exports to China to go duty free from May 1

Sacco ReviewMarch 18, 202603 mins

Kenya’s agricultural exports to China will begin entering the market duty-free starting May 1, 2026, opening major opportunities for Kenyan farmers and agribusinesses. This was revealed by the Agriculture and Livestock Development Cabinet Secretary (CS) Mutahi Kagwe, after a meeting with Chinese Ambassador to Kenya Guo Haiyan. He said the move will mark the implementation…