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

Youths to receive NYOTA project funds in September, Ruto says

Sacco ReviewAugust 13, 2025August 13, 202503 mins

President William Ruto has announced that the government will release National Youth Opportunities Towards Advancement (NYOTA) Project, funds starting September this year. Ruto who was speaking in During the International Youth Day celebrations in Kakamega County said the government is expanding opportunities for young people across the country. The President announced that the first cohort…

Mwalimu National Sacco Nyahururu Branch. Photo/ File

Mwalimu National SACCO opens newly relocated office in Nyahururu

Sacco ReviewAugust 13, 2025August 13, 202503 mins

Nyahururu residents and members of Mwalimu National Sacco have welcomed the opening of the Sacco’s newly relocated satellite office on August 11, 2025. The office, now situated at Double N Plaza beside Davis & Shirtliff along Olkalau Road, was unveiled in a colorful ceremony attended by the Sacco’s branch leadership and staff. The relocation is…

Kilifi women urged to diversify investments, boost income

Sacco ReviewAugust 13, 202505 mins

Women group members in Malindi and Magarini Sub-counties in Kilifi County have been advised to diversify their investment to raise income that can enable them meet their financial responsibilities more effectively and efficiently. Speaking to Sacco Review in his office in Malindi town recently, Mtana Mwahunga, Malindi and Magarini Sub-counties Youth Development Officer revealed that…

The Meru County Government approves KShs14.6 Billion budget

Sacco ReviewAugust 12, 202504 mins

The Meru County Government has approved its budget for the 2025/2026 financial year. Governor Isaac Mutuma assented to the Sh14.6 billion budget at his office on Monday. Mutuma noted that the health sector received the lion’s share, with Sh1.9 billion allocated for development and procurement of medical supplies. Roads were allocated Sh1.6 billion, water and irrigation…

Kenya’s affordable housing gets big boost with Sh120b treasury allocation

Sacco ReviewAugust 11, 202505 mins

The National Treasury and Economic Planning Cabinet Secretary (CS), John Mbadi has said the National Treasury has set aside Sh120.2 billion to the housing and settlement sector in the 2025/26 financial year. Mbadi said the move is aimed at bridging the widening gap in home ownership, particularly in urban areas. Speaking during the 4th Kenya…

President Ruto defends Hustler Fund amid claims of high default rates

Sacco ReviewAugust 9, 202503 mins

President William Ruto has strongly defended the Hustler Fund against mounting criticism over its repayment performance, asserting that the initiative has transformed access to credit for millions of Kenyans. Speaking at the Presidential Private Sector Roundtable in Nairobi Wednesday, Ruto dismissed claims from opposition leaders and experts that the fund is plagued by high default…

CS Wahome calls for Affordable Housing Programme support amid financial shortfall

Sacco ReviewAugust 8, 202508 mins

Lands, Housing and Urban Development Cabinet Secretary (CS) Alice Wahome has called on private sector players to actively support Kenya’s Affordable Housing Programme, amid a massive Ksh326 billion annual financing shortfall. The CS announced that the government was exploring partnerships with commercial banks, retirement benefit schemes, mortgage schemes, SACCOs, development partners, and the wider business…

Senate committee approves affordable housing regulations

Sacco ReviewAugust 8, 202503 mins

The Senate Committee on Delegated Legislation has consented to the Affordable Housing Regulations 2025 to facilitate seamless implementation of the Affordable Housing Programme. Chaired by Senator Mwenda Gataya (Tharaka Nithi), the committee was taken through the objectives and key components of the proposed Regulations, which are set to guide the implementation of the Affordable Housing…

Fire destroys 54 stalls at Kisumu Bus Park, affecting 112 traders

Sacco ReviewAugust 7, 2025August 7, 202503 mins

A fire outbreak in the early hours of August 6, 2025, razed down 54 business stalls at the Kisumu Bus Park, directly affecting 112 traders and leaving behind massive destruction. The inferno, which began around 2:00 am, spread quickly before being contained by the Kisumu County Fire Brigade. The stalls destroyed included those dealing in…

Kisumu County acquires modern waste collection truck

Sacco ReviewAugust 7, 202505 mins

County Government of Kisumu has acquired a high-capacity modern waste collection truck to strengthen organic waste management efforts. The truck, launched at City Hall, is fitted with a 290-horsepower engine and a safety cabin to limit human contact with garbage. It can collect up to 15 tonnes of waste, equivalent to four conventional truckloads, and…