Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
In a major boost to financial inclusion and agricultural transformation, the County Government of Busia has disbursed a Ksh. 24.5 million cooperative inclusion grant to 35 Savings and Credit Cooperative Organizations (SACCOs). The grant aims to enhance production and value addition, empowering farmers and agripreneurs across the county. As part of this initiative, the government…
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…
The Cooperative Bill (National Assembly Bill No. 7 of 2024) has been introduced in the Senate. In a public notice by Senate Clerk J.M. Nyegenye, the public has been asked to participate and share their views on the bill. This bill seeks to establish a legal framework that supports a sustainable and competitive cooperative sector…
In a new bid to boost trade in East Africa, the East African Business Council (EABC) has organized a consultative meeting on the development of the regional services policy advocacy agenda. According to EABC board member Mr. Emmanuel Butare, the platform is key in providing a space for service sector actors to shape a game-changing…
Small and Medium Enterprises (SMEs) in the country are set to benefit from multibillion-dollar warehousing facilities that have opened doors at Tatu City in Ruiru, Kiambu County. The Link Warehousing & Logistics Park is a joint initiative between Tatu City Limited, Chandaria Properties, Mahesh & Tirth Construction, and Steel Structures. It is expected to provide…
The County Government of Kisumu has officially handed over the old Ondiek Estate to the National Housing Corporation (NHC) for a major redevelopment project. The announcement, made by Governor Anyang’ Nyong’o, marks the settlement of a long-standing Sh900 million debt owed by the county to NHC. This debt, inherited from the defunct Kisumu Municipal Council,…
Calls have been made to the Government and the private sector to support young innovators, entrepreneurs and creatives to commercialize their products. Key players in the education sector observe that there’s a batch of next generation innovators in learning institutions across the country who have transformative ideas that will shape the future through creativity and…
The Kisumu Sugar Belt Union is now calling for greater representation of cane farmers in decision-making processes that affect them. Union members have expressed concerns that the current composition of farmers in various committees is too minimal to make any meaningful impact. Union chairman Zedekiah Otene emphasized that more farmers should be included in the…
Farmers in cane-growing areas have been urged not to elect misguided individuals in the upcoming Kenya Sugar Board zonal elections. Samuel Ongou, a board member at the Agriculture and Food Authority (AFA) and an aspirant for the Central Zone, stated that farmers have endured hardships for many years, and it is crucial to elect individuals…
The Kisumu Medical and Education Trust (KMET) has assured its stakeholders that the latest round of sanctions imposed by United States President Donald Trump will not affect it in any way. Dr. Ogutu said they have been able to mobilize resources over the years, unlike their colleagues who solely depend on donor funds. She mentioned…
