Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Complacency is not loud. It does not announce its arrival with crisis or catastrophe. It creeps in quietly, disguised as success, comfort, and routine. For Saccos, complacency is especially dangerous because it often hides behind impressive numbers, glowing awards, and years of hard-won trust. Yet history is unforgiving: organizations rarely collapse because they failed once;…
The national government has allocated KSh4.45 billion in the current financial year to fully fund County Aggregation and Industrial Parks (CAIPs) in 24 counties, targeting completion by June 2026. The government aims to accelerate stalled projects and advance its plan to promote local manufacturing and value addition through county-based industrial hubs launched in 2023. Earlier,…
Members of Drumvalle Farmers Cooperative Society in Kangundo and Matungulu have appealed to President William Ruto to intervene in a protracted land dispute, accusing a court‑appointed liquidator of defying orders for more than a decade and withholding critical documents tied to the society’s assets. Drumvalle Chairman Felix Maingi said the cooperative has suffered heavy losses…
The government has launched a Sh3.5 billion reform package for Kenya’s tea industry following an audit that exposed deep weaknesses in governance, financial management and operational efficiency across dozens of processing plants. The programme is designed to restore farmer confidence and raise earnings by modernizing 19 factories, lowering fertilizer costs and strengthening irrigation, with a…
The year 2025 will be remembered as a defining chapter for Kenya’s cooperative sector, one marked by ambition, innovation, and uncomfortable truths. It was a year when Saccos demonstrated their enduring relevance in a rapidly digitizing economy, while simultaneously confronting one of the most serious governance crises in the history of the movement. Together, these…
Kenya’s housing and property 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…
The Maendeleo Ya Wanawake Organization (MYWO), Kenya’s largest grassroots women’s network, is gearing up for the official launch of its National Sacco in January 2026, a move poised to revolutionize financial inclusion for women across the country. This initiative comes at a pivotal time as MYWO intensifies efforts to unify, nurture, and empower women socially,…
Low-income Kenyans earning Sh20,000 or less will now access houses under the Affordable Housing Programme without paying an upfront deposit, following a government waiver designed to ease barriers to homeownership. Housing Principal Secretary Charles Hinga said the policy targets households that can afford monthly repayments but struggle to raise lump-sum deposits. He explained that while…
Chief Executive Officers (CEOs) and Chief Finance Officer or Finance Manager (CFO or FM) of Savings and Credit Cooperative Organisations (SACCOs) must now sign audited financial statements alongside authorized board signatories, a move aimed at cementing personal and collective responsibility for financial reporting in the cooperative sector. The Sacco Societies Regulatory Authority (SASRA) announced the…
Meru residents and leaders have welcomed the appointment of County Executive Committee Member (CECM) for Water, Baptista Muriki Kanyaru, to the board of Family Bank of Kenya. The bank announced that Kanyaru’s entry into its board is expected to strengthen governance, strategy, and regulatory compliance as the institution expands its footprint in the country’s banking…
