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1 / 1 – Kenya Export Promotion and Branding Agency (Keproba) CEO Floice Mukabana speaking to the press after their forum on Wednesday..

Exporters decry high cost of production, call for reduction of tariffs to boost trade

Sacco ReviewMay 14, 202604 mins

A cross-section of Kenyan manufacturers and exporters have decried the high cost of production which they say drains their earnings. The traders now want the government to introduce incentives including lowering tariffs on most of the export products whose cost of production has been soaring. They spoke during the ‘Exporters Round Table’ talks attended by…

Sacco leaders push Parliament for sector reforms in new cooperative bill

Sacco ReviewMay 14, 202608 mins

Leaders in Kenya’s cooperative movement have intensified pressure on Parliament to amend the proposed Sacco Societies (Amendment) Bill, warning that several clauses risk diluting the identity and operational independence of Savings and Credit Cooperative Organisations (SACCOs). The Co-operative Alliance of Kenya (CAK), the umbrella body representing the country’s cooperative sector, tabled a detailed memorandum before…

Understanding how Sacco dividends and rebates are calculated

Sacco ReviewMay 13, 2026May 14, 202604 mins

When a Savings and Credit Co-operative Organization (SACCO) declares an annual surplus, members typically receive returns in two main forms: dividends on share capital and rebates on deposits. Dividends on Share Capital Dividends are payments made to members based on the number of shares they hold in the SACCO. These payments are made from the…

EPRA opens Kenya’s electricity market to private players, ending Kenya Power’s decades-long monopoly

Sacco ReviewMay 13, 2026May 14, 202607 mins

Kenya’s electricity sector is set for a historic shake-up after the Energy and Petroleum Regulatory Authority (EPRA) developed regulations that will crack open the power distribution market to private investors, dismantling Kenya Power and Lighting Company’s (KPLC) grip on electricity supply that has held for decades. The draft Energy (Electricity Market, Bulk Supply and Open…

Oparanya briefs senators over KUSCCO’s KSh12B deficit as SACCO reforms intensify

Sacco ReviewMay 12, 2026May 14, 202606 mins

Cabinet Secretary for Co‑operatives and MSMEs Development Wycliffe Oparanya has disclosed that the Kenya Union of Savings and Credit Cooperatives (KUSCCO) is grappling with a financial deficit of nearly Ksh12 billion, a crisis uncovered through a forensic audit that revealed years of misreported profits. The revelation comes as the government intensifies reforms aimed at restoring…

Western Kenya farmers urged to embrace coffee farming amid declining sugarcane profits

Sacco ReviewMay 12, 2026May 14, 202604 mins

Farmers across Western Kenya are being urged to diversify into coffee farming as part of government efforts to revive agricultural incomes in the region. Speaking during a sensitisation forum in Busia County, Cooperatives Cabinet Secretary Wycliffe Oparanya said coffee offers far better returns than traditional crops such as sugarcane and maize, which have suffered declining…

2NK Sacco allocates Ksh80 million for new headquarters in Nyeri

Sacco ReviewMay 12, 2026May 13, 202602 mins

2NK Sacco has unveiled plans to acquire its own building in Nyeri at a cost of KSh 80 million, a move aimed at cutting operational expenses and consolidating its services under one roof. The investment follows a resolution passed during the 2025 Annual General Meeting (AGM) Chairman Ephraim Karimi confirmed that the Sacco has already…

Bestrock Sacco strengthens governance with delegate induction drive

Sacco ReviewMay 12, 2026May 14, 202604 mins

Bestrock Savings and Credit Cooperative Society Limited is strengthening its governance, empowering its leadership, and positioning itself for sustained growth through an intensive delegate induction programme held in Kitui. The Sacco brought together 150 delegates for a comprehensive training at the Kitui Multipurpose Development Training Institute, underscoring its commitment to transparency, accountability, and member-driven leadership….

TNT Sacco sets KSh4.5 billion asset target in new growth plan

Sacco ReviewMay 12, 2026May 14, 202604 mins

Trans‑National Times (TNT) Sacco delegates have endorsed a three‑year strategic plan aimed at expanding the cooperative’s asset base to KSh 4.5 billion. The plan, adopted during the annual delegates’ meeting, is designed to strengthen financial stability while enhancing service delivery to members. Speaking at the launch, Sacco Chairman Dr Evans Sichangi said the blueprint goes…

Boresha DT Sacco elects Kipruto Kiptoo as new Chairman

Sacco ReviewMay 12, 2026May 15, 202602 mins

Boresha Deposit-Taking (DT) SACCO limited has appointed Kipruto Kiptoo as its new Chairman, succeeding the outgoing long-serving Chairman, Albert Chebiegon. Speaking during the leadership transition, Chief Executive Officer (CEO) Jacob Mengich expressed confidence in the new Chairman’s leadership, noting that management will work closely with him to steer the Society to greater growth and success….