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

Government intensifies SACCO reforms as Oparanya defends recovery efforts at KUSCCO and Metropolitan SACCO

Sacco ReviewMay 15, 202606 mins

Cabinet Secretary for Co-operatives and MSME Development Wycliffe Oparanya has assured the Senate that the Government is accelerating reforms in the Savings and Credit Cooperative (SACCO) sector in a bid to strengthen governance, safeguard members’ savings, and restore public confidence in cooperative financial institutions. Appearing before the Senate Standing Committee on Trade, Industrialisation, and Tourism,…

Kenya marks milestone as first zero‑tariff agricultural exports arrive in China

Sacco ReviewMay 14, 202604 mins

Kenya has recorded a breakthrough in its trade relations with China after the first shipments of agricultural goods were exported under Beijing’s new zero‑tariff policy, which arrived at Chinese ports, opening fresh opportunities for farmers, exporters, and manufacturers. The inaugural consignments included fresh avocados, crude avocado oil, coffee, green beans, hides, and skins; all exported…

Mwalimu National Sacco signs MoU with KNCCI to extend affordable credit to SMEs, informal sector

Sacco ReviewMay 14, 2026May 14, 202606 mins

Mwalimu National Deposit Taking Savings and Credit Co-operative Organisation (DT Sacco) has signed a Memorandum of Understanding (MOU) with the Kenya National Chamber of Commerce and Industry (KNCCI) to bring affordable credit to small traders and entrepreneurs long trapped in a cycle of expensive digital loans and shylocks. a move that signals a significant shift…

Kisii Youth Bunge Sacco Chairman Dr. Asha Moronya.

Kisii Sacco chair urges youth to embrace farming as profitable business

Sacco ReviewMay 14, 202603 mins

Kisii Youth Bunge Sacco chairman Dr. Asha Moronya has urged young people in the county to venture into agriculture, describing it as one of the most profitable opportunities currently available. Speaking to Sacco members, Dr. Moronya challenged the perception that farming is outdated, saying agriculture should instead be viewed as a viable business venture. He noted…

Kenya Highlands Sacco announces internship opportunity for young graduates

Sacco ReviewMay 14, 202603 mins

Kenya Highlands Sacco Society Limited has announced an internship opportunity as part of its mission to improve the quality of life of its members through the provision of quality products and services. The Sacco is seeking to recruit a qualified intern to support its operations and growth agenda. Interested applicants must be between 25 and…

1 / 1 – Kenya Export Promotion and Branding Agency (Keproba) CEO Floice Mukabana speaking to the press after their forum on Wednesday..

Exporters decry high cost of production, call for reduction of tariffs to boost trade

Sacco ReviewMay 14, 202604 mins

A cross-section of Kenyan manufacturers and exporters have decried the high cost of production which they say drains their earnings. The traders now want the government to introduce incentives including lowering tariffs on most of the export products whose cost of production has been soaring. They spoke during the ‘Exporters Round Table’ talks attended by…

Sacco leaders push Parliament for sector reforms in new cooperative bill

Sacco ReviewMay 14, 202608 mins

Leaders in Kenya’s cooperative movement have intensified pressure on Parliament to amend the proposed Sacco Societies (Amendment) Bill, warning that several clauses risk diluting the identity and operational independence of Savings and Credit Cooperative Organisations (SACCOs). The Co-operative Alliance of Kenya (CAK), the umbrella body representing the country’s cooperative sector, tabled a detailed memorandum before…

Understanding how Sacco dividends and rebates are calculated

Sacco ReviewMay 13, 2026May 14, 202604 mins

When a Savings and Credit Co-operative Organization (SACCO) declares an annual surplus, members typically receive returns in two main forms: dividends on share capital and rebates on deposits. Dividends on Share Capital Dividends are payments made to members based on the number of shares they hold in the SACCO. These payments are made from the…

EPRA opens Kenya’s electricity market to private players, ending Kenya Power’s decades-long monopoly

Sacco ReviewMay 13, 2026May 14, 202607 mins

Kenya’s electricity sector is set for a historic shake-up after the Energy and Petroleum Regulatory Authority (EPRA) developed regulations that will crack open the power distribution market to private investors, dismantling Kenya Power and Lighting Company’s (KPLC) grip on electricity supply that has held for decades. The draft Energy (Electricity Market, Bulk Supply and Open…

Oparanya briefs senators over KUSCCO’s KSh12B deficit as SACCO reforms intensify

Sacco ReviewMay 12, 2026May 14, 202606 mins

Cabinet Secretary for Co‑operatives and MSMEs Development Wycliffe Oparanya has disclosed that the Kenya Union of Savings and Credit Cooperatives (KUSCCO) is grappling with a financial deficit of nearly Ksh12 billion, a crisis uncovered through a forensic audit that revealed years of misreported profits. The revelation comes as the government intensifies reforms aimed at restoring…