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

International Credit Union Day celebrated around the world

Sacco ReviewOctober 18, 202504 mins

Credit unions around the world, including in Kenya, have joined in celebrating the 77th International Credit Union (ICU) Day, marked annually on the third Thursday of October. This year’s theme, “Cooperation for a Prosperous World,” echoes the United Nations’ 2025 declaration of the International Year of Cooperatives, which carries the broader theme “Cooperatives Build a…

Why fair annual bonus rates is vital to all regional tea farmers

Sacco ReviewOctober 18, 2025October 22, 202509 mins

Recent statistics for the 2024/2025 financial year reveal a glaring disparity in the annual bonus rates paid to tea farmers across Kenya’s key tea-growing regions. While farmers in the East of Rift Valley and Mt Kenya regions receive relatively higher bonuses ranging from Ksh26 to Ksh57 per kilogram of green leaf supplied, those in the…

Bomet County, Commodities Fund to partner to revive coffee farming

Sacco ReviewOctober 17, 202504 mins

Bomet County is set to seal partnership with the Commodities Fund to revitalize coffee farming in the region and boost farmers’ yields. This is after the Department of Agriculture, Livestock, Fisheries, and Cooperatives led by County Executive Committee Member (CECM) CPA Benard Cheruiyot, hosted a delegation from the Commodities Fund, led by Chief Executive Officer…

Farmers pin hopes on review of punitive seed law to salvage extinct of indigenous seeds

Sacco ReviewOctober 17, 202503 mins

Small-scale farmers across Kenya are hopeful that the government’s ongoing review of the Seed and Plant Variety Act of 2012 will end years of restrictions that have hindered the exchange and use of indigenous seeds. The issue took centre stage at the 4th Indigenous Seeds and Food Harvest Fair 2025 held in Nanyuki, Laikipia County,…

Meru launches mass cattle vaccination drive to combat foot and mouth disease

Sacco ReviewOctober 16, 202504 mins

The Meru County government has officially kicked off a major Mass Cattle Vaccination Campaign against Foot and Mouth Disease (FMD), in a bold initiative aimed at protecting over 450,000 head of cattle. The event, held at Maganjo Coffee Factory in Kariene market, Imenti Central Sub-county, marks the beginning of a countywide and soon nationwide drive…

Ministry of Agriculture partners with Fahari aviation to roll out drone technology in farming

Sacco ReviewOctober 16, 202503 mins

The Ministry of Agriculture and Livestock Development has partnered with Fahari Aviation, a subsidiary of Kenya Airways, to implement drone-based precision agriculture across the country. The initiative, aligned with the Ministry’s Strategic Plan 2023–2027 and the Government Agenda, places technology at the heart of agricultural transformation. It aims to tackle key challenges facing the sector,…

How small Saccos can survive bumpy financial terrain

Sacco ReviewOctober 15, 202506 mins

When a monumental financial scandal rocked the Kenya Union of Savings and Credit Co-operatives (Kuscco), perhaps the hardest hit by the financial losses were Small-Tiered Regulated SACCOs that had looked upon Kuscco as the proverbial hen’s wing under which the small chicks could hide. Most of the small Saccos had put up at least Ksh22…

Farmers’ Saccos experienced growth despite tough economic times; SASRA says

Sacco ReviewOctober 15, 202507 mins

Farmers’ Saccos have recorded a tremendous growth in membership and liquidity despite the tough economic times which has affected other saccos. According to the Sacco Supervisory Report 2024 by the Sacco Societies Regulatory Authority (SASRA), agriculture based Regulated Saccos continued to have the highest proportion of membership at about 41% of all members representing 3…

IMF urges MPs to enhance fiscal sustainability, strengthen PFM act to boost revenue mobilization

Sacco ReviewOctober 15, 202504 mins

The International Monetary Fund, IMF has urged members of parliament MPs, to enhance fiscal sustainability, and strengthen Public Finance Management (PFM) Act to boost revenue mobilization. Speaking during the parliamentary caucus on network on the World Bank and IMF consultative meeting, IMF Mission Chief, Haimanot Teferra highlighted that the IMF expects the country to focus…

KTDA refutes fund diversion claims, says Ksh1.03B spent on Kericho, Bomet power projects

Sacco ReviewOctober 14, 202506 mins

The Kenya Tea Development Agency (KTDA) has come out strongly to dismiss allegations that over Ksh 1 billion contributed by farmers from the West of the Rift Valley were diverted to other regions. In a press release issued on Tuesday, KTDA affirmed that the funds were fully accounted for and used exclusively on power projects…