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

SACCO industry defies economic pressures, records robust Q3 growth

Sacco ReviewDecember 14, 202509 mins

According to the latest Sacco Industry Quarterly Statistical and Soundness Report for Quarter Three (Q3)- September 2025, released by the Sacco Societies Regulatory Authority (SASRA), the regulated Savings and Credit Cooperative (SACCO) industry has maintained strong growth, showcasing notable improvements across key performance indicators. This comprehensive report highlights the sector’s resilience, with total assets reaching…

Land, school fees and agriculture loans drive SACCO lending surge in Q3 of 2025

Sacco ReviewDecember 12, 202506 mins

Data from the SACCO Societies Regulatory Authority (SASRA) shows that SACCOs channelled most of their lending toward land purchases, school fees and agriculture in the three months to September 2025, making the three sectors the biggest beneficiaries of credit demand among members. This accounted for more than 65 per cent of all loans issued by…

CS Cooperatives Wycliffe Ambetsa Oparanya in meeting with officials from the World Bank Group at the Delta Centre in Nairobi last year.

Oparanya meets World Bank Officials to advance reforms in Kenya’s Cooperative Sector

Sacco ReviewDecember 11, 202502 mins

Cabinet Secretary for Cooperatives and Micro, Small and Medium Enterprises (MSMEs) Development, Wycliffe Ambetsa Oparanya, on Monday held a high-level meeting with officials from the World Bank Group at the Delta Centre in Nairobi. The engagement brought together key development partners to assess ongoing reforms and map out strategies aimed at transforming Kenya’s cooperative sector…

Kenya launches post-AGOA export reset, targets 10% annual growth by 2028

Sacco ReviewDecember 11, 202506 mins

The official expiry of the African Growth and Opportunity Act (AGOA) programme. has created a new urgency for the country to reimagine its export base. The government is also accelerating diversification and value addition to cushion exporters from shifting global trade conditions. Kenya Export Promotion and Branding Agency (KEPROBA) Chief Executive Officer (CEO) Floice Mukabana…

Govt seeks structured dialogue with private sector under new bill

Sacco ReviewDecember 11, 2025010 mins

The government, through the State Department for Investment Promotion, is coming up with a bill to streamline public-private partnerships and improve the business environment in the country. The bill, which is now in draft form and is undergoing public participation, is dubbed the Public-Private Sector Engagement Policy and Public-Private Engagement Bill, 2025. It was conceived during a…

KUSCCO begins Ksh6.2 Billion refunds owed to SACCOs

Sacco ReviewDecember 11, 2025December 11, 202503 mins

The Kenya Union of Savings and Credit Co-operatives (KUSCCO) has officially begun disbursing refunds to SACCOs, marking the first major step in settling the Ksh6.2 billion it owes its members. The long-awaited repayments follow a financial crisis at the union that was attributed to mismanagement and fraudulent activities under previous leadership. Co-operatives and MSMEs Cabinet…

Why SACCOs must embrace virtual assistants now

Sacco ReviewDecember 10, 202507 mins

In a world where time is the new currency, Virtual Assistants (VAs) are helping leaders, entrepreneurs, and professionals get more done—smarter, faster, and more efficiently. As Kenya’s digital economy surges, projected to contribute 9.24% to GDP by 2025, SACCOs—those vital cooperatives serving over 6 million members with assets topping KSh1.5 trillion—stand at a crossroads. In…

Detectives nab key suspect behind coffee theft spree in Trans Nzoia

Sacco ReviewDecember 9, 2025December 9, 202503 mins

Detectives have arrested a prime suspect and recovered a significant cache of stolen coffee following a series of theft incidents reported in Kiminini, Trans Nzoia County. The crime wave peaked on the night of November 25, 2025, when a gang of about 50 armed thugs stormed Sowek Kenya Company Limited in Waitakuk. The gang allegedly…

Bomet tea factory directors assure farmers of better KTDA bonuses next year

Sacco ReviewDecember 9, 202505 mins

The Kenya Tea Development Agency (KTDA) tea directors from the Mogogosiek group of companies in Konoin Sub-county, Bomet County, have reassured farmers that next year’s bonus will significantly improve, following a series of reforms and an extensive audit conducted across factories in the region. Speaking during the Annual General Meeting (AGM) at Mogogosiek Tea Factory,…

Turkana Fish farmers benefit as County government, lattice Aquaculture make donations

Sacco ReviewDecember 8, 202503 mins

Fish farming in Turkana West Sub-County has received a shot in the arm from the County government and Lattice Aquaculture project through the donation of water pumps, floaters and a generator to the Kakuma Bee Social Integrated Enterprise. The County Aquaculture Officer, John Bett, noted that Lattice Aquaculture and WFP’s support will accelerate and strengthen…