Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The High Court has temporarily stopped the auction of assets belonging to the Kenya Union of Savings and Credit Cooperatives (KUSCCO) after the umbrella body challenged enforcement of a Ksh108.8 million debt owed to RUPSA Sacco. Justice Linus Kassan granted a 30-day stay, halting the sale of KUSCCO’s motor vehicles and office equipment to allow…
Ports SACCO recorded a higher profit for the year ended December 31, 2025, posting Ksh455.3 million, up from Ksh444.2 million in 2024, according to audited financial statements. The SACCO’s total assets rose to Ksh12.3 billion from Ksh10.5 billion, while loans and advances increased to Ksh8 billion from Ksh7 billion. Members’ deposits also grew to Ksh7.1…
Cabinet Secretary for Cooperatives and MSMEs Wycliffe Ambetsa Oparanya has warned that there is “no room for weak governance” in Kenya’s SACCO sector as rapid membership growth and rising loan demand increase the responsibility placed on cooperative institutions. Oparanya spoke in Mombasa during the 2026 Annual Delegates Congress (ADC) training for the Kenya National Police…
Traders and Livestock farmers operating at the Soko Ng’ombe market in Garissa County have decried in what they term as the market neglect by government, leaving it with no clean toilets nor clean supply of water as well as adequate stalls for fodder traders. They are calling on the government to improve market social amenities…
President William Ruto has asked youth to use the knowledge they acquired at any level of their education to engage in any profitable business that can enable them put food on the table for themselves and their families. “Even for those who did not complete primary school education it is not their mistake but we…
Tower SACCO Society Limited celebrated its Golden Jubilee at Ol’Kalou Catholic Parish Grounds, Nyandarua County, during its 50th Annual General Meeting (AGM), which also connected members in the diaspora virtually. The SACCO reported remarkable financial and membership growth despite economic challenges, with active members rising by 29 per cent to 247,858 and share capital and…
RUPSA Sacco, formerly known as PCEA Ruiru Sacco, has announced plans to auction the movable assets of the Kenya Union of Savings and Credit Cooperative Limited (KUSCCO) in a bid to recover Ksh.108.8 million in deposits and accrued interest. The move comes after the apex cooperative allegedly failed to comply with court orders directing it…
New Fortis Sacco paid out Ksh1.106 billion in dividends and interest to members after recording growth in assets, loans and membership, officials said during its 50th Annual General Meeting (AGM) held in Nyeri. According to figures presented at the meeting, members received a 14 per cent dividend on share capital and 13 per cent interest…
Kangundo Member of Parliament (MP) Fabian Kyule has asked women and youth in the region to form groups that will enable them to borrow loans from government. Kyule decried that the government has allocated funds to the Women Enterprise Fund, Uwezo Fund and many others targeting women and youth, however many are not using them…
The trading activities are set to boom in Gatundu South as implementation of infrastructural projects gains momentum. The government is tarmacking over 180 kilometers of roads across the constituency at a cost of Ksh2.3 billion, projects that are taunted to boost trade and change livelihoods. On Wednesday, area MP Gabriel Kagombe launched the tarmacking of…
