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

How Hazina Sacco’s CSR activities is changing lives a mid-growth and expansion

Sacco ReviewJuly 14, 202608 mins

Hazina Sacco is transforming communities through clean water projects in Kwale and West Pokot. In 2025, assets grew to Ksh18.7 billion as membership, deposits and loans all increased. The Sacco continues to expand its services and community impact across Kenya. Hazina Sacco has been on the frontline in transforming lives through its robust Corporate Social…

SACCOs reject claims State can dictate investment of members’ savings

Sacco ReviewJuly 14, 202604 mins

SACCOs say the State cannot dictate how members’ savings are invested. Mwalimu DT Sacco CEO says investment decisions are made independently by members. The remarks follow debate over proposals involving Sacco funds and the National Infrastructure Fund. Savings and Credit Cooperative Organizations (SACCOs) have dismissed claims that the government can dictate how members’ savings are…

Taita Taveta launches Gaye Rural SACCO to tackle farmers’ credit access woes

Sacco ReviewJuly 13, 202605 mins

Taita Taveta launched Gaye Rural SACCO to expand affordable credit for farmers. The SACCO will receive a Ksh3 million matching grant under NAVCDP. Leaders say the initiative will strengthen farming and boost rural incomes. Farmers in Taita Taveta County have for years turned to informal lenders and middlemen for credit, often at the cost of…

Kitui co-operators mark 104th International Co-operatives Day, Univision DT Sacco named best overall

Sacco ReviewJuly 13, 2026July 13, 2026010 mins

Kitui County marked the 104th International Co-operatives Day under the theme Co-operatives for a Peaceful World. The county now has 463 registered co-operatives with 136,675 members and a capital base of Ksh17.3 billion. Univision DT Sacco was named the overall best Sacco after winning three other top awards. Kitui County marked the 32nd International Co-operatives…

KIE, Kiambu County signs MoU to boost MSME growth and industrialization

Sacco ReviewJuly 10, 2026July 10, 202604 mins

KIE and Kiambu County signed an MoU to promote industrialization and support the growth of Micro, Small and Medium Enterprises (MSMEs). The partnership aims to boost enterprise development, improve access to business support and create more economic opportunities for entrepreneurs in Kiambu. Kenya Industrial Estates (KIE) has signed a Memorandum of Understanding (MoU) with the…

Government flags online misinformation over Sacco Societies Bill

Sacco ReviewJuly 10, 202604 mins

The government has cautioned the public against misinformation and propaganda circulating online regarding the Sacco Societies (Amendment) Bill, 2025. The government has cautioned the public against misinformation and propaganda circulating online regarding the Sacco Societies (Amendment) Bill, 2025. In a public notice seen by Sacco Review, the state dismissed claims that the proposed legislation is…

Government sets up taskforce to draft regulations for upcoming Cooperative Act

Sacco ReviewJuly 10, 202603 mins

Cooperatives Principal Secretary Patrick Kilemi has announced that the State Department has constituted a taskforce to spearhead the development of regulations that will operationalise the proposed Cooperative Bill once it is enacted into law. The move comes as the Bill enters the final stages of consideration in Parliament. In a statement shared on his Facebook…

Saccos warned against chasing dividends at expense of cheap loans

Sacco ReviewJuly 10, 202608 mins

Managements of Savings and Credit Cooperative Societies (SACCOS) have been warned against an over-obsession with huge end-of-year dividends at the expense of their core mandate of issuing low-interest loans to members. Symon Mburia, the Assistant Commissioner for Cooperatives Development, director at the Hustler Fund, and a leading authority in the cooperative movement, challenged Saccos to…

Saccos are financial shock absorbers, says Stima Sacco CEO

Sacco ReviewJuly 9, 202604 mins

Stima DT Sacco Chief Executive Officer Dr. Gamaliel Hassan has highlighted the vital role Savings and Credit Cooperative Societies (SACCOs) play in shielding members from economic shocks amid rising living costs. Speaking during an interview with Radio Generation on Thursday, July 9, Dr. Hassan said persistent inflation, both locally and globally, has significantly reduced people’s…

Kenyans receiving services at the Kenya Revenue Authority headquarters. PHOTO/KRA

KRA retains 8 per cent rate across fringe benefit, deemed and low-interest taxes

Sacco ReviewJuly 9, 202605 mins

The Kenya Revenue Authority (KRA) has retained the prescribed interest rate at 8 per cent across three separate tax categories; the Fringe Benefit Tax, deemed interest and low interest benefit. In a public notice issued on July 8, 2026, the tax man said that the three categories will run on different timelines through the rest…