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

CS Kagwe launches Orthodox Tea Trading Window to boost export and production

Sacco ReviewSeptember 24, 202505 mins

Agriculture and Livestock Development Cabinet Secretary, (CS)Mutahi Kagwe has officially launched the Orthodox Tea Trading Window at the Mombasa Tea Auction, signifying the Government’s commitment to enhancing the production and export of specialty teas. The 2,925 packages, which are equivalent to 91,798 kilos of Orthodox tea is the first of many that will see tea…

Hope for former KCC workers as gov’t commits timeline to clear unpaid benefits

Sacco ReviewSeptember 24, 202505 mins

Former employees of the defunct Kenya Cooperative Creameries (KCC), who have spent almost three decades fighting for their unpaid benefits, have received renewed hope after the government committed to resolving their claims within a clear timeline. Appearing before the Senate Committee on Labour and Social Welfare on Tuesday, Cabinet Secretary for Cooperatives and MSMEs Development,…

MPs debates motion to zone agricultural and built land use in rural areas

Sacco ReviewSeptember 24, 202503 mins

Members of Parliament, MPs are considering motion seeking the formulation of a national Land Use Policy to guide the zoning of land for agriculture and built development. The motion, sponsored by Westlands MP Timothy Wanyonyi, proposes a policy framework that will ensure effective land use in rural areas to prevent further loss of arable land…

Can early retirement plans, Saccos save retirees from poverty in old age?

Sacco ReviewSeptember 24, 2025010 mins

When Rebecca Kendi retired from her job as a County Revenue Officer at one of the country’s largest devolved units two years ago, she had no clue what she would do in her retirement. Since the mid-1980s when she left college and got the job at the then local authority, her life had been a…

Youth Fund disburses Ksh 200M to Kenyan youth working abroad

Sacco ReviewSeptember 23, 202503 mins

The Youth Enterprise Development Fund (YEDF) has reiterated its critical role in empowering young Kenyans through access to affordable financing, entrepreneurship training, market linkages, and labour mobility programs, aligning with the constitutional commitment to youth advancement. YEDF Corporate Communications Manager Benson Muthendi has highlighted the Fund’s recent achievements, including the disbursement of Ksh 200 million…

MSME lending jumps to ksh153 Billion surpassing Ksh150B banks’ target

Sacco ReviewSeptember 23, 202503 mins

Kenya’s banks have surpassed their annual lending target to Micro, Small and Medium Enterprises (MSMEs), exceeding the Ksh150 billion target by 2% to a total of Ksh153 billion. This was announced by Raimond Molenje, the Chief Executive Officer of the Kenya Bankers Association (KBA), during the launch of the Nature Positive Financing Assessment Report. Molenje…

Stima DT SACCO, Mwalimu National CEO shine at 2025 SBLA awards

Sacco ReviewSeptember 23, 202506 mins

The cooperative sector in Kenya earned top recognition at the 2025 Strategic Business & Leadership Awards (SBLA) when Stima DT Sacco was named Corporate of the Year in the SACCOs and Microfinance Institutions category. By winning the coveted award, Stima DT Sacco reaffirmed its place among Kenya’s most dynamic financial cooperatives. Organizers praised it as…

CBK orders Banks and SACCOs to comply with new cyber security guidelines

Sacco ReviewSeptember 22, 202504 mins

The Central Bank of Kenya (CBK) has ordered banks and Savings And Credit Cooperative Organisations (SACCOs) to comply with new guidelines on cyber security that mandate stricter protection for financial systems in order to protect themselves against cyber insecurities. To support this, the CBK has established the Banking Sector Cybersecurity Operations Centre (BS-SOC), a hub…

Majority of Kenyans borrowing Ksh 1,000 or less default on loans — CBK report reveals

Sacco ReviewSeptember 22, 202505 mins

A new report by the Central Bank of Kenya (CBK) has revealed that a majority of Kenyans borrowing small digital loans particularly those of Ksh 1,000 or less are defaulting, raising concerns over the sustainability and impact of digital credit in the country. The Kenya Financial Sector Stability Report released on September 2025, shows that…

Nandi unveils reforms to protect coffee farmers from exploitation, fake seedlings

Sacco ReviewSeptember 21, 202504 mins

The Nandi county government has unveiled bold reforms in the coffee sector, aimed at protecting farmers from exploitation, restoring order in the value chain and positioning local coffee as a premium global brand. The County Executive for Agriculture and Cooperative Development, Dr. Kiplimo Arap Lagat announced nine directives touching on marketing, licensing, cooperative governance and…