Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Kenya’s flagship Galana-Kulalu Food Security Project has received a major boost through a Sh12.5 billion private sector investment under a Public-Private Partnership (PPP) model, signaling renewed momentum in the country’s quest for agricultural transformation. Spanning 1.5 million acres across Kilifi and Tana River counties, the initiative is designed to enhance food production, create jobs, and…
A promising miraa export deal between Kenya and Djibouti is facing early uncertainties, as Kenyan traders struggle to meet certification requirements thus delaying access to a market worth over KSh20 million daily. The Agriculture and Food Authority (AFA) recently announced that Kenya had secured approval to supply up to 20 tonnes of miraa per day…
The Kenyan Shilling has stayed within a narrow range of about Ksh129 to the US dollar for more than 11 months. It has defied global economic turbulence and high debt obligations. The Central Bank of Kenya (CBK) attributes this stability to strong foreign exchange inflows, healthy reserves and prudent economic management. Governor of CBK, Kamau…
An audit on the Agricultural Finance Corporation (AFC) has revealed systemic mismanagement, fraud, and operational failures that could cost taxpayers and farmers hundreds of millions. The findings, released by Auditor General Nancy Gathungu, paint a picture of a government agency in disarray, struggling to recover loans, manage payroll, and safeguard public funds. The review, covering…
The Sacco Societies Regulatory Authority (SASRA) has launched a recovery effort targeting over KSh550 million allegedly misappropriated by the management of Afya Sacco Society Ltd. The regulator’s intervention follows a damning inspection report that uncovered a trail of unaccounted withdrawals, excessive allowances, and undocumented cash transactions spanning more than two years. According to a letter…
Kenya has shipped 54 tonnes of macadamia nuts to Hunan Province in China, marking the first batch of such exports to the region this year. The consignment is part of the government’s plan to increase macadamia shipments to the Chinese market, which is expected to reach 2,000 tonnes by the end of 2025. The delivery…
Energy and Petroleum Cabinet Secretary Opiyo Wandayi has downplayed concerns that the partial divestment of Kenya Pipeline Company (KPC) could lead to fuel price hike. Speaking before the National Assembly as they examined Sessional Paper No. 2 on KPC’s planned privatization, Wandayi emphasized that existing regulatory frameworks remain intact. “We believe privatization of the company…
President William Ruto has signed into law the County Allocation of Revenue Bill 2025, and the County Public Finance Laws (Amendment) Bill 2023, marking a significant boost for devolution and county governance. The legislation, sponsored by Meru Senator Kathuri Murungi, paves the way for the establishment of a County Assembly Fund in all 47 counties,…
The Meru County Government in collaboration with the National Agricultural Value Chain Development Project (NAVCDP) has expressed commitment in enhancing agricultural productivity and promoting sustainable agribusiness practices. The initiative focuses on equipping lead farmers with essential skills and knowledge in Technologies, Innovations, and Management Practices (TIMPs). County officers led by Jasper Muthomi, a Liaison Officer…
President William Ruto has disclosed that the government has transferred KSh4 trillion to counties in the last 12 years, fostering inclusivity through fair resource distribution and addressing marginalisation. Speaking on Wednesday during the official opening of the Devolution Conference 2025 running from 12th – 15th August 2025 in Homa Bay County, the president said the…
