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

ICPAK submits views regarding proposed sale of Gov’t stake in Safaricom, calls for transparency in pricing

Sacco ReviewJanuary 15, 202604 mins

The Institute of Certified Public Accountants of Kenya (ICPAK) has submitted its views to Parliament on the proposed partial divestiture of the government’s stake in Safaricom PLC, outlining both the strengths and weaknesses of the plan and drawing comparisons with international practices, including India. In its submission, ICPAK noted that the proposed divestiture could provide…

IG sacco rolls out 2026 members education program in four centres

Sacco ReviewJanuary 15, 202603 mins

The Kakamega based Invest and Grow, IG SACCO has rolled out 2026 Members’ Education Program, a financial literacy initiative targeting members across four branches in Western Kenya. According to a notice issued by the Sacco, the program will take place on Saturday, January 17, beginning at 10 a.m, with parallel sessions scheduled in Matete, Mumias,…

U.S. House passes bill to extend AGOA, boosting Kenya’s trade prospects

Sacco ReviewJanuary 14, 202603 mins

The United States House of Representatives has passed a Bill to extend the African Growth and Opportunity Act (AGOA) for a further three years, marking a significant milestone in U.S. Africa trade relations and providing renewed certainty for key export sectors in Kenya. In Kenya, the textile and apparel industries operating within Export Processing Zones…

Govt to settle Ksh1.9 Billion in salary arrears for sugar workers

Sacco ReviewJanuary 14, 202603 mins

The government has committed to clearing Ksh 1.9 billion in salary arrears owed to workers of four former state-owned sugar mills, following their privatization and leasing to private investors. Agriculture Principal Secretary Kiprono Ronoh confirmed that the arrears have been fully audited and allocated for in the national budget, ensuring that payments to the affected…

US tariffs threat risk Kenya- Iran tea trade

Sacco ReviewJanuary 13, 202604 mins

Kenya- Iran tea trade has been shaken following the US President Donald Trump’s threat to slap a 25 per cent tariff on any country trading with Iran. The country is set lose more as Tehran has been a prolific tea importer and a strategic security partner of Washington, in an awkward bind. “Effective immediately, any…

Farmers seek Miraa legal recognition, removal from drugs list

Sacco ReviewJanuary 12, 202602 mins

The Nyambene Miraa Farmers and Traders Association (Nyamita) is pushing for the removal of miraa from the Narcotic and Psychotropic Substances Act 1994. Appearing before Parliament recently, the association urged legislators to prioritise removing the stimulant crop from the list of drugs, as scheduled by the National Authority for the Campaign Against Alcohol and Drug…

President Ruto launches Ksh173.2 Million NYOTA start-up capital for young entrepreneurs

Sacco ReviewJanuary 12, 202602 mins

President William Ruto has launched the disbursement of Ksh173.2 million in business start-up capital under the NYOTA programme, aimed at supporting young entrepreneurs in the country. The funds will benefit 6,982 youth from Nyeri, Murang’a, Nyandarua, and Kirinyaga counties. The launch event took place at the Kabiru-ini ASK Grounds in Nyeri. The NYOTA initiative targets…

Stima Sacco celebrates excellence with dual prestigious awards

Sacco ReviewJanuary 11, 2026January 12, 202603 mins

Stima Sacco has recently been honored with two major awards recognizing its impact, innovation and leadership in the financial sector. At the Africa Renewable Energy Awards, the Sacco received the Financial Leadership & Inclusion Award. This recognition highlights the Sacco’s commitment to delivering inclusive financial solutions that support Africa’s renewable energy ecosystem. Through these initiatives,…

Trends shaping Kenyan SACCOs in 2026

Sacco ReviewJanuary 11, 202609 mins

As Kenya’s economy rebounds from global disruptions, Savings and Credit Cooperative Organizations (SACCOs) stand at a pivotal juncture. These member-owned institutions, which manage over Ksh1.1 trillion in assets and serve millions across urban and rural divides, have long been pillars of financial inclusion. In 2025, the sector defied economic headwinds like inflation and supply chain…

Kenya’s cooperatives to witness historic SACCO Expo debut

Sacco ReviewJanuary 11, 202608 mins

The cooperative movements are poised to witness the first ever SACCO Expo, a landmark event designed to catalyze growth, innovation, and collaboration within the Savings and Credit Cooperative Organizations (SACCOs) ecosystem. Scheduled for January 29-30, 2026, at the Sarit Expo Centre in Nairobi, this two-day exposition represents a strategic opportunity for stakeholders to align with…