Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
In the midst of a growing leadership struggle within the Kenya Union of Savings and Credit Cooperatives (KUSCCO), former directors who were recently ousted from office are protesting the decision and the official removal order. The former directors who are now directors and executives in various SACCOs were removed from the KUSCCO office after the…
Deputy President Prof. Kithure Kindiki has confirmed that the government has developed policies to rescue the economy and ensure farmers get the highest earnings from their produce. Speaking at a Thanksgiving mass at Riiji Catholic church service in Central Imenti constituency, Meru, the deputy President said Kenya Kwanza administration has already developed strategies and policies to…
The government is expected to settle arrears owed to both farmers and workers before the handover of the four sugar milling factories to private millers. According to a statement released by Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe; the government last year paid out over Ksh. 1.7 billion to sugarcane farmers to clear arrears…
The National Treasury is slashing the three per cent levy on digital assets trade introduced in 2023 by half to 1.5 per cent in the 2025 Finance Bill. A digital asset is anything identifiable that is created and stored digitally and has or provides value. The tax has targeted people dealing in crypto currencies and non-fungible tokens…
The Meru County Assembly has vowed to introduce stringent measures to enhance revenue collection to hit the targeted Ksh. 550 million in the next financial year. Led by the Chairperson Select Committee on County Budget and Appropriation Martin Koome Makasi, the MCAs regretted that during the past regime, despite targets being set they were never…
The national government has launched a countrywide public participation and stakeholder engagement campaign to review the draft Micro, Small and Medium Enterprises (MSME) Policy 2025 and the amended MSE Act. The review is meant to eliminate barriers hindering the growth of small businesses across the country. The forum which was held at Lowland Hotel in…
The Ministry of Mining, Blue Economy and Maritime Affairs and the Council of Governors (CoG) have agreed to jointly petition Parliament to withdraw the Fisheries Management and Development Bill (2023) and initiate a fresh, inclusive review process in a major win for fisheries stakeholders across Kenya. The decision was reached following a high-level presentation made…
The National Assembly has passed the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Bill, 2025. The bill will see amendment of the Sacco Societies Act (Cap. 490B), empowering the Sacco Societies Regulatory Authority (SASRA) in regulating the Saccos, the societies have mobilized deposits of members to the tune of more than ksh 1…
The National Construction Authority’s (NCA) Nyanza Regional Coordinator Festus Mariera has revealed that the body has begun enforcing the newly enacted Building Code 2024, which took effect on 1st March 2025. He said the new arrangement will replace the outdated 1968 building regulations. Mariera said the new code introduces stricter safety measures, sustainable building practices,…
In a strategic move to foster business growth and reduce unemployment, the Kenyan government, through the Central Bank of Kenya (CBK), has implemented a reduction in interest rates. From 11.25% in 2024, the rates have been lowered by 75 basis points to 10.75% in 2025, with an additional 50 basis point cut anticipated. This move…
