Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Saccos are grappling with liquidity constrain as employers withhold over Ksh3 billion in non-remittances, the issue which has led to heavy loan defaults among employees. The heavy loan defaults have put the Saccos in a state of dilemma of whether to retain or abandon the check-off system for loan and savings deductions to remain stable….
Sale 1 of the 2025/2026 season took place on 7th October 2025, at the Nairobi Coffee Exchange. A total of 11,179 bags (695,939 kg) of coffee were sold across all brokers. The sale generated a total value of USD 5,222,913, equivalent to approximately Ksh 704 million, with an overall average price of USD 375.24 per…
Kenya Revenue Authority (KRA) has recorded another landmark achievement in customs tax collection, recording a historic monthly performance of Ksh 85.146 billion in September 2025. This represents the highest amount ever collected in a single month in the Authority’s history, surpassing the previous record of Ksh 82.554 billion set in January 2025. In September alone,…
Kenya is gearing up for a major milestone in its coffee sector as preparations near completion for the country’s first online coffee auction, a move aimed at opening the Nairobi Coffee Exchange (NCE) to global buyers and dismantling long-standing market cartels. Cabinet Secretary for agriculture and livestock Mutahi Kagwe, and his counterpart from the Ministry…
The revival of Kenya’s cotton and sisal industries may soon become a reality following renewed efforts by the Ministry of Agriculture to operationalize the Draft Crops (Fibre Crops and Crop Fibres) Regulations, 2025. Appearing before the National Assembly Committee on Delegated Legislation, Agriculture Cabinet Secretary Mutahi Kagwe said the proposed regulations are critical to revitalizing…
The government has directed the Kenya Tea Development Agency (KTDA) to release Ksh2.7 billion to tea farmers as part of their 2024–2025 bonus payments, following the recovery of funds previously held in two collapsed banks. In a letter addressed to KTDA Holdings Chief Executive Officer Wilson Muthaura, Principal Secretary in the State Department for Agriculture,…
The cooperative movement in Trans Nzoia County has received a major boost after the county government, operationalized large-capacity cereal driers across several key cooperatives. The move is part of the county’s Post-Harvest Loss Management Initiative, aimed at helping farmers reduce grain losses and improve profitability. Through the Department of Agriculture and Cooperatives, the county has…
The Tier one lender Co-operative Bank of Kenya (Co-op Bank) has been recognised for its pioneering work in small business finance, winning the “Product Innovation of the Year (Africa)” award at the Global SME Finance Awards 2025. The award, hosted by the International Finance Corporation (IFC) and the SME Finance Forum, endorses the lender’s strategy…
A prominent Miraa farmer from Kinisa Amwathi in Igembe North Subcounty, Meru County is counting huge losses after his Miraa farm was set ablaze by unknown people. The owner of the farm Kamakia Arunga said he was shocked and devastated after his 3-acre miraa farm, which a source of livelihood is for many, was reduced…
Savings and Credit Cooperative Organizations (SACCOs) have long been heralded as engines of financial empowerment, particularly in underserved and emerging markets. They provide a lifeline for millions by offering affordable credit, encouraging savings, and promoting economic inclusion. Yet, like any other financial or corporate institution, SACCOs are not immune to the inherent cycles of growth,…
