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

Konza hosts North African innovation forum as Kenya positions for startup corridor role

Sacco ReviewMay 17, 202604 mins

Kenya has strengthened its role as a regional innovation hub after the Konza Technopolis Development Authority (KoTDA) hosted a high‑level North African startup forum in Nairobi. The event, IPDAYS Nairobi x Silicon Savannah Startup Fair 2026, marked the first Kenyan edition of Inno’Preneurs Days (IPDAYS), Tunisia’s premier startup and intellectual property platform established in 2022….

Marube warns against rushed reforms in cooperatives, calls for more public participation

Sacco ReviewMay 17, 2026May 17, 202604 mins

Cooperative Alliance of Kenya (CAK) Chief Executive Officer Daniel Marube has cautioned the government against rushing reforms in the cooperative sector, warning that hurried implementation of the proposed delegate system could undermine governance and erode member confidence. He called for more time to allow public participation and member education, particularly in rural and agricultural cooperatives….

Government resumes Sacco registrations with tougher rules to safeguard members’ savings

Sacco ReviewMay 16, 2026May 16, 202603 mins

The government has lifted its year‑long suspension on the registration of new Savings and Credit Cooperative Organisations (SACCOs), but applicants will now face stricter requirements aimed at strengthening governance and protecting members’ deposits. Speaking during the launch of preparations for this year’s International Co-operative Day celebrations, popularly known as Ushirika Day, Commissioner for Co‑operative Development…

Ruto heads to Baku to showcase Kenya’s housing agenda at the World Urban Forum

Sacco ReviewMay 16, 2026May 16, 202604 mins

President William Ruto has left Nairobi for Baku, Azerbaijan, to attend the 13th Session of the World Urban Forum (WUF13), where Kenya will present its Affordable Housing Programme (AHP) as a model for sustainable urban development and economic transformation. The high‑level forum, convened by UN‑Habitat, brings together governments, investors, urban planners, civil society organisations, and…

Kajiado scrap metal dealers to form Sacco in push for business growth

Sacco ReviewMay 16, 2026May 18, 202604 mins

Scrap metal traders in Kajiado County under Ecosteel association are set to establish a Savings and Credit Cooperative Society (Sacco) aimed at empowering members and strengthening the sector through improved access to financing, training, and business support. The initiative will be implemented in partnership with the Equity Group Foundation as part of efforts to formalize…

Authorities intercept vehicle carrying smuggled sugar and milk at Busia border

Sacco ReviewMay 16, 2026May 16, 202603 mins

Busia police and Kenya Sugar Board officials intercepted a vehicle suspected of transporting contraband sugar and milk during a routine patrol on Amoni–Works Road. The National Police Service reported on X (formerly Twitter) that officers seized several sacks of sugar and cartons of suspected illicit milk, believed to be smuggled from Uganda, during a vehicle…

Entrepreneurs urged to embrace innovation and partnerships to unlock Kenya’s SME potential

Sacco ReviewMay 16, 202605 mins

Entrepreneurs across Kenya are being pressed to embrace innovation, forge partnerships, and rethink business models as the key to unlocking the full potential of the country’s small and medium‑sized enterprises (SMEs), a sector that remains central to job creation and economic growth despite mounting financial pressures. Industry stakeholders warn that without adaptation, many SMEs risk…

Attorney General orders Saccos to file annual returns within 60 days or face deregistration

Sacco ReviewMay 15, 2026May 15, 202604 mins

The Office of the Attorney General has issued a stern directive requiring all registered societies, including hundreds of Savings and Credit Cooperative Societies (Saccos), to file their annual returns within the next 60 days or risk enforcement action. In a public notice, the Registrar of Societies reminded organisations that filing annual returns is a legal…

Finance Bill 2026 to shake up Sacco digital costs and tax deadlines

Sacco ReviewMay 15, 202604 mins

Kenya’s proposed Finance Bill 2026 signals a sweeping shift in the tax obligations of Savings and Credit Cooperative Societies (Saccos), touching everything from the digital infrastructure that powers mobile banking to the compliance timelines that govern financial reporting, with most provisions set to take effect on July 1, 2027. The bill, tabled in the National…

Kilifi County moves to revive collapsed cooperative societies in Malindi and Magarini

Sacco ReviewMay 15, 202603 mins

Two cooperative societies in Kilifi County are set for revival as the county government rolls out strategic plans to strengthen grassroots economic empowerment. The initiative targets Galana Farmers Cooperative Society in Gede, Malindi sub‑county, and Magarini Sand Harvesting Cooperative Society in Mjanaheri, Magarini sub‑county, both of which collapsed several years ago. Speaking to Sacco Review…