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

Oparanya warns dormant, non-compliant SACCOs to face deregistration in sector cleanup

Sacco ReviewFebruary 18, 202606 mins

The Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development Cabinet Secretary Wycliffe Oparanya has warned that dormant and non-compliant SACCOs face deregistration and liquidation in accordance with the law. Speaking during the opening of the 11th Annual SACCO Leaders Convention organized by Kenya Union of Savings and Credit Co-operatives (KUSCCO) Limitedd at the PrideInn Hotel…

Political stability key to unlocking investment, Taita Taveta leaders said

Sacco ReviewFebruary 17, 202608 mins

Leaders in Taita Taveta County have linked political stability within the County to the region’s ability to attract investment, warning that prolonged leadership disputes undermine investor confidence, delay development projects and weaken local economic growth. The calls came during a prayer breakfast held at the County Assembly in Wundanyi to mark the official opening of…

CAK announces leadership forum for cooperative sector in April 2026

Sacco ReviewFebruary 17, 202602 mins

The Cooperative Alliance of Kenya Limited (CAK) has announced a high level leadership forum aimed at strengthening strategic dialogue, peer learning, and leadership reflection within Kenya’s cooperative movement. The five day forum, scheduled to take place from April 6 to April 10, 2026, at Lake Naivasha Resort, will bring together cooperative leaders and industry experts…

DPP rallies agencies to intensify fight against money laundering

Sacco ReviewFebruary 17, 202604 mins

Director of Public Prosecutions (DPP) Renson Ingonga has reaffirmed Kenya’s resolve to curb money laundering and safeguard the integrity of the financial system, as the country works to exit the Financial Action Task Force (FATF) Grey List. Ingonga joined senior government officials and heads of key agencies on Monday in a high-level meeting that reviewed…

Imarisha Sacco to open branches at Fort Ternan,Migori,Maralal to widen national presence

Sacco ReviewFebruary 15, 2026February 15, 202602 mins

The Imarisha Savings and Credit Cooperative Organization (SACCO) has announced plans to expand with the official opening of the Fort Ternan branch as a full-service FOSA outlet, along with marketing outlets in Migori and the planned Maralal branch to widen national presence. This was revealed during the Society’s 37th Annual Delegates Meeting at Kebo Plaza…

NEA, Mumbuni Engineering hold oversea jobs recruitment drive in Machakos

Sacco ReviewFebruary 15, 202604 mins

The National Employment Authority (NEA) in conjunction with Mumbuni Engineering and Driving School on Saturday held jobs recruitment exercise targeting 300 youth from Machakos County to work abroad in the Middle East. Over 50 prospective job seekers with various skills turned up for the recruitment organized through Loivin recruitment agency. Speaking during the exercise, the…

DCI arrests former accountant over Ksh16 million SACCO fraud scheme

Sacco ReviewFebruary 15, 2026February 15, 202603 mins

Detectives from the Directorate of Criminal Investigations (DCI) have arrested a former accountant accused of masterminding a multimillion-shilling fraud scheme that cost a Savings and Credit Cooperative Organization (SACCO) more than Khs16 million. In a social media statement issued earlier today, the DCI confirmed that officers from its Banking Fraud Investigation Unit (BFIU) apprehended Amos…

Kisumu County to review mining laws, demarcate commercial quarries, Say DG Dr. Owili

Sacco ReviewFebruary 14, 202602 mins

The County Government of Kisumu is planning to review and strengthen laws governing mining and quarying activities as well as establishing clear demarcations of commercial quarries including fencing and proper sealing of hazardous sites. This was said by Kisumu Deputy Governor Dr. Mathews Owili during a multi-agency Committee meeting aimed at strengthening the County’s emergency…

SACCOs to have special trading counter at the Nairobi Securities Exchange

Sacco ReviewFebruary 14, 2026February 15, 2026012 mins

The Savings and Credit Cooperative Societies (SACCOs) will soon have a special trading counter at the Nairobi Securities Exchange (NSE), as the financial regulators continue to burn the midnight oil to ensure that the Societies are on boarded at the bourse. This was revealed by Dedan Maina, an investment consultant at Ketu Capital, who said…

CS Oparanya with Committee of Experts during presentation of Report on the Transformation of the SACCO System in Kenya to President William Samoei Ruto.

Ruto receives Committee of Experts’ report on transformation of SACCO system

Sacco ReviewFebruary 14, 202604 mins

The Cabinet Secretary for the Ministry of Co-operatives and MSMEs Development, Wycliffe Oparanya, has presented the Committee of Experts’ Report on the Transformation of the SACCO System in Kenya to President William Samoei Ruto. The landmark report marks a significant milestone in the government’s efforts to strengthen the cooperative sector as a pillar of inclusive…