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

DP asserts government efforts to rescue economy through advanced policies, strategies

Sacco ReviewMay 13, 202507 mins

Deputy President Prof. Kithure Kindiki has confirmed that the government has developed policies to rescue the economy and ensure farmers get the highest earnings from their produce. Speaking at a Thanksgiving mass at Riiji Catholic church service in Central Imenti constituency, Meru, the deputy President said Kenya Kwanza administration has already developed strategies and policies to…

Gov’t leases four sugar companies as it completes 30-year lease agreement

Sacco ReviewMay 10, 2025May 10, 202504 mins

The Government has completed a 30-year lease agreement, outlining how the four state owned sugar factories will be leased out to private entities. In a press statement agriculture cabinet secretary Mutahi Kagwe says that following the broad-based consultations, the following companies have been awarded a 30-year lease for the operation of the four sugar factories:…

Government to settle sugarcane farmers, millers’ arrears before lease team takes over

Sacco ReviewMay 10, 202506 mins

The government is expected to settle arrears owed to both farmers and workers before the handover of the four sugar milling factories to private millers. According to a statement released by Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe; the government last year paid out over Ksh. 1.7 billion to sugarcane farmers to clear arrears…

Finance Bill 2025: Gov’t slashed digital assets tax on crypto, NFTs to 1.5%

Sacco ReviewMay 10, 2025May 10, 202506 mins

The National Treasury is slashing the three per cent levy on digital assets trade introduced in 2023 by half to 1.5 per cent in the 2025 Finance Bill. A digital asset is anything identifiable that is created and stored digitally and has or provides value. The tax has targeted people dealing in crypto currencies and non-fungible tokens…

Equity Group, African Guarantee Fund strike Ksh.64B deal to boost MSMEs in Africa

Sacco ReviewMay 10, 202504 mins

Equity Group and the African Guarantee Fund (AGF) have renewed and expanded their strategic partnership in a groundbreaking Ksh.64 billion which seeks to accelerate access to finance for Micro, Small, and Medium Enterprises (MSMEs) across East and Central Africa. The facility is expected to unlock Ksh.129.5 billion in lending and sustain over 50,000 jobs, especially…

Call for Innovation in cooperative sector as three day annual conference ends

Sacco ReviewMay 10, 202506 mins

The 20th Annual National Cooperatives Workshop for Chief Executive Officers (CEOs) concluded on Thursday, May 8, with a strong call to embrace change and spearhead transformation within the cooperatives sector. Held at the Sarova Whitesands Beach Resort in Mombasa County, the three-day event brought together cooperative leaders from across the country to discuss challenges, opportunities,…

Equity group’s Dr.James Mwangi honored with UNHCR Visionary Award

Sacco ReviewMay 9, 202504 mins

Equity Group Foundation Executive Chairman Dr. James Mwangi has received the United Nations High Commissioner for Refugees, UNHCR Visionary Award for his bold leadership and pioneering efforts in financial inclusion for displaced communities across Africa. The citation of the award presented at the Africa Forum on Displacement 2025 in Nairobi illustrated how Dr Mwangi is an inspiring champion and…

Meru set to introduce stringent measures in revenue collection to hit Ksh 550 million target,

Sacco ReviewMay 8, 202504 mins

The Meru County Assembly has vowed to introduce stringent measures to enhance revenue collection to hit the targeted Ksh. 550 million in the next financial year. Led by the Chairperson Select Committee on County Budget and Appropriation Martin Koome Makasi, the MCAs regretted that during the past regime, despite targets being set they were never…

Kenya marks 2025 International Tea Day with bold vision for sustainability, market reforms

Sacco ReviewMay 8, 202509 mins

The lush, rolling hills of Nyeri were alive with color and celebration as Gitugi Tea Factory played host to the national launch of International Tea Day 2025 on Friday. The event brought together top government officials, sector players, farmers, and international guests, reflecting the growing importance of tea in Kenya’s economy and the bold new…

Government launches countrywide review of MSME Act, Policy 2025,

Sacco ReviewMay 8, 202508 mins

The national government has launched a countrywide public participation and stakeholder engagement campaign to review the draft Micro, Small and Medium Enterprises (MSME) Policy 2025 and the amended MSE Act. The review is meant to eliminate barriers hindering the growth of small businesses across the country. The forum which was held at Lowland Hotel in…