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

SASRA suspends 5 SACCOs from receiving deposits due to unrenewed license

Sacco ReviewFebruary 6, 202604 mins

The Sacco Societies Regulatory Authority (SASRA) has suspended five SACCOs from receiving deposits, allowing them to operate under restricted credit-only permits. According to the Authority, those affected by the measures include Dumisha SACCO Society Ltd, Bi-High SACCO Society Ltd, Metropolitan National SACCO Society Ltd, Ol’Kaunsel Regulated Non-WDT SACCO Society Ltd, and Digital Media Regulated Non-WDT…

Gov’t appoints Wanjohi as interim KUSCCO CEO to stabilise the organization

Sacco ReviewFebruary 5, 202604 mins

The government has appointed CPA Peter Wanjohi Kiama as the interim Chief Executive Officer of Kenya Union of Savings & Credit Cooperatives (KUSCCO) Limited as part of efforts to stabilise the organization. Kiama has been seconded from the State Department for Cooperatives, where he previously served as Deputy Commissioner for Cooperative Development. He will take up…

How Kenya’s real estate sector is evolving, driving country’s economic growth

Sacco ReviewFebruary 5, 202606 mins

Kenya’s real estate sector continues to thrive, driven by visionary companies that combine trust, innovation, and consistent delivery. The sector has grown from just selling property to creating trust, vision and leaving a huge impact across many sectors. The real estate sector is evolving through technological integration a strong focus on sustainability, and shifts in property…

Turkana residents demand safeguards to ensure local benefit from oil resources

Sacco ReviewFebruary 5, 202604 mins

Turkana County residents have urged the Joint Parliamentary Committee on Energy to establish strong safeguards to ensure oil resources extracted from the region directly benefit the local community. The call was made during an engagement between the committee and members of the Turkana County Assembly, where leaders raised concerns over the utilization of proceeds from…

KTDA maintains Region Five payment rate of green leaf at Ksh 23 per Kg

Sacco ReviewFebruary 4, 202603 mins

The Kenya Tea Development Agency (KTDA) has maintained the green leaf tea from Region Five which is made up of Kericho and Bomet at Ksh 23 per kilogram. In a statement released on Wednesday February 4, 2026, the agency resolved to maintain the current monthly rate after a meeting held by the factory boards. “After…

Kivuli housing cooperative society gets certificate of operation

Sacco ReviewFebruary 4, 202603 mins

Kivuli housing cooperative society has finally been awarded a certificate of operation by the government following an earlier application. The certificate was given out to the members by the Kisumu Central sub-county cooperative officer Philip Akama, who attended the society’s first general meeting at Atela grounds in Sondu, Nyakach Sub County. Speaking during the meeting…

IG SACCO to conduct members’ education forums on Saturday

Sacco ReviewFebruary 3, 202601 mins

The Kakamega based Invest and Grow (IG) Sacco will carry out members’ education forum aims at informing and enlightening members and prospect members on the Saccos’ products and how best they can benefit and grow their investments. The Forums which are scheduled for Saturdays February 7, 2026, will take place in various venues across the…

Sugar workers suspend strike after Govt, Union agree on arrears payment process

Sacco ReviewFebruary 3, 2026February 4, 202604 mins

The sugar factory workers has suspended their nationwide strike following high-level talks held between the Government and the Kenya Union of Sugar Plantation and Allied Workers (KUSPAW), chaired by CS Mutahi Kagwe. The industrial action, which began on January 29, 2026 and affected Muhoroni, Nzoia, Sony and Chemelil sugar factories, was triggered by unpaid salary…

CBK warns against damaging Kenya shilling notes for decorative purposes

Sacco ReviewFebruary 3, 202603 mins

The Central Bank of Kenya (CBK) has cautioned the public against using Kenya Shilling banknotes for decorative or celebratory displays, warning that the growing trend of creating cash flower bouquets and similar arrangements damages currency and disrupts cash processing. In a public notice issued on Monday, the CBK said it has observed increasing use of…

Siraji Sacco receives Ksh170 million financing boost from World Bank

Sacco ReviewFebruary 3, 202605 mins

Siraji Savings and Credit Co-operative Society Ltd has received Ksh170 million financing boost from the AVLC Group, marking the latest disbursement under a World Bank-backed financing programme aimed at revitalising Micro, Small and Medium Enterprises (MSMEs) in Kenya that were adversely affected by the Covid-19 pandemic. Siraji Sacco, a SASRA-compliant cooperative society, supports small and…