Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Del Monte Kenya supports an average of 19,820 jobs annually, with nearly 80,000 livelihoods sustained through its direct and indirect employment ecosystem. The company paid average annual wages of Ksh462,240 between 2015 and 2024, about 32 per cent higher than the formal private agricultural sector average. Its economic impact extends through transport, logistics, suppliers and…
Kapsuswa is transforming through the Affordable Housing Programme, bringing modern homes, better infrastructure and new economic opportunities. Population growth is increasing demand for schools and healthcare, creating a need to expand education and medical services. The project shows how affordable housing can improve livelihoods, education, health and sustainable urban development. For many years, Kapsuswa was…
247 Saccos cut or skipped dividends after regulators directed them to retain earnings and strengthen capital reserves. The move aims to improve liquidity, protect members’ savings and support affordable lending despite strong sector growth. Regulated Saccos grew assets to Ksh727.1 billion, while the wider sector’s assets surpassed Ksh1.2 trillion in 2025. Kenya’s Savings and Credit…
Stima SACCO onboarded 20,674 members and disbursed Ksh29.19 billion in loans in FY2025, expanding financial inclusion. The SACCO is advancing sustainability through green financing, ESG integration, and alignment with key UN Sustainable Development Goals. Innovation and climate action are driving long term growth through digital transformation and environmentally responsible operations Stima DT Sacco, Africa’s second…
Finance Act 2026 introduces stricter tax compliance, faster reporting deadlines, and expanded KRA enforcement powers affecting Saccos. Saccos warn the changes could strain liquidity, increase compliance costs, and disrupt lending and member access to savings. KUSCCO is pushing for tax law amendments to protect co operative members and harmonise taxation with the Co operative Societies…
Families have moved from poverty and despair to stability and dignity through savings, affordable credit, and cooperative support. Cooperatives have enabled farmers to expand production, women to gain financial independence, and youth to start businesses and secure employment. The movement fosters community support, discipline, and innovation, despite challenges such as mismanagement, making cooperatives vital tools…
Cucumber farming has become a highly lucrative venture for farmers in Kiambu County, offering a rapid return on investment due to the high demand in urban markets, hotels and supermarkets. Farmers say that cucumbers are slowly turning into green gold noting that they are generating high proceeds from the crop that has a short maturity…
SACCOs (Savings and Credit Cooperative Organisations) are founded on a simple promise—members pool savings, trust leadership, and share in financial growth through affordable credit and annual dividends. In their ideal form, SACCOs represent discipline, transparency, and collective progress. But when governance weakens, and accountability fades, that promise can slowly transform into mismanagement, inequality, and eventually…
A legislative proposal by Kikuyu Member of Parliament (MP) Kimani Ichung’wah to establish a “Mega Sacco” that would pool funds from existing Savings and Credit Cooperative Organizations (SACCOs) has ignited intense public debate, exposing deep tensions between state-driven financial consolidation and the foundational philosophy of the cooperative movement. At the heart of the proposal lies…
Peter Waitumu,56, has been a coffee farmer in Meru all his life. He has educated his six children from coffee proceedings, built his enviable house and created for himself a relatively comfortable life all through his coffee farm. He inherited the farm from his late father. Peter says in an interview that part of the…
