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

Bodaboda riders urged to prioritize safety of their customers over money

Sacco ReviewApril 3, 202503 mins

Kisii County Matatu Owners Association has called for road safety from all drivers and bodaboda riders. The Association’s Chairman Simeon Nyamwaro said that most drivers compete for money and carry excess passengers for profit making especially at this time students are closing school a practice he says leads to accidents that could be avoided. “We…

Squatters occupies the former Kenya Cashew Nuts Factory land; MPs say

Sacco ReviewApril 3, 202504 mins

Land belonging to the former Kenya Cashew Nuts Factory in Kilifi County is occupied by squatters, the National Assembly Committee on Implementation has been informed. The committee found out that the squatters have occupied 300 acres out of a total 350 acres. During a site visit to the factory by the committee led by MP…

Govt highlights coffee reforms achievements a head of Mt Kenya tour

Sacco ReviewApril 1, 2025April 1, 202503 mins

Ministry of Co-operatives and Micro, Small & Medium Enterprises (MSMEs) Development, State Department for Cooperatives has highlighted major coffee reforms achievements a head of Mt Kenya region five days tour, the region has majority coffee farmers. Among the major reforms by the Kenya Kwanza government include placing coffee reforms under the Office of the President…

Women-led Enterprises hailed as transformative, key to unlocking a myriad of opportunities

Sacco ReviewMarch 30, 2025March 30, 202507 mins

Women are increasingly taking the reins of entrepreneurship, driving innovation and economic growth in the country. Globally according to the World Bank, one-third of businesses worldwide have a woman among their principal owners. This number is steadily rising, with the number of startups with female founders doubling globally. Studies also suggest that women-led businesses are…

Cooperators shoot down contentious clauses in Meru cooperative societies Bill 2025

Sacco ReviewMarch 29, 2025March 29, 202505 mins

Cooperators have shoot down the contentious clauses proposed through the Tribunal Act 2014 and forwarded to the Meru County assembly sectoral committee on Trade, Tourism and Cooperatives. The committee chaired by Nyaki West MCA Kirima Mubichi that held a public participation at Kamundi Hall on Thursday wanted to align the Meru County Cooperative Act, 2025…

Kisumu DG decries the dwindling potential of the fisheries sector

Sacco ReviewMarch 26, 202504 mins

Kisumu County deputy governor Dr .Mathews Owili has decried the dwindling fisheries sector, despite the efforts being made by the county government. Speaking during AQUAFEDHA project launch at Ogal Beach in Kisumu West Sub-County, Dr Owili said the fisheries sector still faces significant challenges despite interventions put in place to solve various challenges in order…

EPRA introduces draft regulations to enhance consumer protection

Sacco ReviewMarch 25, 2025March 25, 202504 mins

The Energy and Petroleum Regulatory Authority (EPRA) has introduced three comprehensive draft regulations to enhance safety, reliability, and consumer protection within Kenya’s energy sector. The proposals, currently undergoing public participation, aim to address critical aspects of energy management, from incident reporting to service quality and licensing protocols. EPRA Director in Charge of Electricity and Renewable…

SACCOs maintain Flat Dividend Payouts as Tough Times Bite

Sacco ReviewMarch 20, 202509 mins

A glance at the financial statements for the year ended 31st December 2024 for most deposit-taking SACCOs that have already published their accounts shows that many of these societies have maintained the rate of dividend and interest on members deposits or rebate payments to their members. These returns have been attributed largely to a harsh…

Ufanisi DT Sacco boss hangs up boots after 40 years legacy in the co-op movement

Sacco ReviewMarch 20, 2025014 mins

After a happy 40 years in the cooperative movement, where he rose through the ranks to become one of the renowned leaders, CPA Frederick Masoso Abuyabo, the immediate former Chief Executive Officer (CEO) of Ufanisi Deposit Taking Sacco, hang up his boots. His handwork and determination have seen him climb the career ladder from a…

Kitui County hosts major Investor Sensitisation Forum

Sacco ReviewMarch 19, 202506 mins

An estimated 4,000 people attended the two-day Kitui County Investors Sensitisation Forum, which took place on Thursday, March 13, and Friday, March 14, 2025. The event was held at the Kitui County Aggregation and Industrial Park (KCAIP), located in the Kanyonyoo Location of the Lower Yatta District in Kitui County. Officially opened by Kitui County…