Legislation – Page 4 – Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Parliament passes Equalisation Fund Bill that will see release of Ksh16.8 billion to marginalized areas

Sacco ReviewJuly 31, 202504 mins

Parliament has passed the Equalisation Fund Appropriation Bill (National Assembly Bill No. 21 of 2025), setting in motion the release of Ksh. 16.8 billion to support the delivery of basic services in Kenya’s marginalised areas during the 2025/2026 financial year. The Bill gives legal effect to Article 204(1) of the Constitution, which establishes the Equalisation…

MPs urge team tasked with modernizing SACCOs sector to speed up the process

Sacco ReviewJuly 30, 202504 mins

The National Assembly’s Departmental Committee on Trade, Industry, and Cooperatives has urged a new team tasked with modernizing the saving and Credit Cooperative Organizations (SACCOs) sector in Kenya to speed up the process. The committee pledged full support to the new team, as Chairperson Benard Shinali (Ikolomani) gave the assurance during a meeting with the…

Senate committee reviews submission on Cooperative Bill 2024

Sacco ReviewJuly 30, 202503 mins

The Senate Committee on Trade, industrialization and Tourism convened on Tuesday to review additional submissions by Ministry of Cooperative and MSMEs on the Cooperative Bill 2024. The bill seeks to provide a comprehensive legal framework for the registration, governance, and oversight of cooperative societies, with the objective of enhancing their sustainability, competitiveness, and contribution to…

Cooperative funds face legitimacy questions as MPs demand audit clarity

Sacco ReviewJuly 23, 202504 mins

The legitimacy of two key cooperative sector funds has come under parliamentary scrutiny, with Members of Parliament (MPs) demanding urgent reforms and full disclosure from the State Department for Co-operatives. The Special Funds Accounts Committee, chaired by Migori MP Fatuma Zainab, has directed the department to submit all outstanding audit documents to the Office of…

President Ruto refers Pensions (Amendment) Bill back to parliament for reconsideration

Sacco ReviewJuly 23, 202503 mins

President William Ruto has referred the Pensions (Amendment) Bill (National Assembly Bill No. 44 of 2022) back to the National Assembly for reconsideration in line with Article 115 of the Constitution. The Bill, which was sponsored by Kimilili Member of Parliament Didmus Barasa seeks to amend the Pensions Act (Cap 189) to provide statutory timelines…

Committee on Cooperatives question PS over delay in rollout of Nyota program

Sacco ReviewJuly 15, 202504 mins

Members of the National Assembly Committee on Trade, Industry and Cooperatives have questioned the delay in rolling out the National Youth Opportunities Towards Advancement (NYOTA) programme. The programme would have seen 70 Youths in all the wards in the country receive a grant of Sh50, 000 to either start or expand business. The MPs led…

Senate proposes fast-tract of Seeds and Plant Varieties Bill to boost climate-resilient farming

Sacco ReviewJuly 12, 202504 mins

The Senate has proposes fast-tracking of a bill that will enable farmers to benefit from quicker access to drought-tolerant and climate-smart seed varieties, a new legislative proposal aimed at reforming the country’s seed approval system. The Seeds and Plant Varieties (Amendment) Bill, 2025 sponsored by Narok Senator Ledama Olekina, seeks to establish a parallel registration…

Coffee farmers oppose Direct Payment System amid government directives

Sacco ReviewJuly 4, 2025July 9, 202508 mins

The government has accelerated coffee reforms, focusing on diverting payment points to the Direct Settlement System (DSS), which has met strong resistance. President William Ruto, during his Mt. Kenya Development tour two months ago, stirred controversy when he announced that from June, coffee proceeds would be remitted directly to farmers, bypassing cooperative society management committees….

Kirinyaga coffee farmers win first round in DSS legal battle

Sacco ReviewJuly 4, 2025July 4, 202502 mins

The battle between Kirinyaga county coffee farmers and the Nairobi Coffee Exchange (NCE) is now in the corridors of justice, as the high court extended conservatory orders barring the implementation of the Direct Settlement System (DSS) and new reforms in the coffee sector until July 28, 2025. The Cooperative Bank that operates the DSS also…

Govt, Equity Bank unveil bold reforms to propel SME growth

Sacco ReviewJuly 2, 202504 mins

In a bid to bolster Kenya’s economy, the government through the Ministry of Cooperatives and MSMEs Development has joined forces with Equity Bank to support Small and Medium-sized Enterprises (SMEs) in accessing capital, expanding markets, and building institutional capacity. Speaking at the second edition of the Annual SME Conference, Cabinet Secretary Wycliffe Oparanya emphasized that…