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

Govt unveils Ksh 650 Million project to boost rice farming in Ahero

Sacco ReviewMarch 12, 202606 mins

Rice farmers in Ahero have received a major boost after the national government h unveiled a Ksh650 million project to rehabilitate and expand pumping station in Nyando Sub County under an initiative being undertaken by the National Irrigation Authority in partnership with Hungary . The project financed by Hungary includes installation of a 500 kilowatt-peak…

KRA introduces body cameras for customs officers

Sacco ReviewMarch 12, 202605 mins

Kenya Revenue Authority (KRA) has introduced 350 body-worn cameras for customs officers, placing Kenya among the first African countries to deploy the cameras, a move aimed at enhancing transparency, accountability and professionalism in operations at the country’s border entry points. The 350 devices will be used by customs officers operating at airports, seaports, inland container…

Kenya’s insurance sector in crisis as regulator takes over three firms.

Sacco ReviewMarch 11, 202604 mins

The Insurance Regulatory Authority (IRA) has placed three insurance companies under statutory management in a sweeping crackdown that signals deepening distress in Kenya’s insurance sector. Trident Insurance Company Limited (TIC), KUSCCO Mutual Assurance Limited and Corporate Insurance Company Limited (CIC) were all placed under statutory management on March 10, 2026, in a move that affects…

President Ruto assenting to the National Infrastructure Fund Bill.

President Ruto assent to the National Infrastructure Fund Bill

Sacco ReviewMarch 10, 202603 mins

President William Ruto has assent to the National Infrastructure Fund Bill, marking a significant milestone in strengthening Kenya’s capacity to finance strategic national development. Speaking in statehouse Ruto said the fund marks a new chapter in financing Kenya’s transformation, making Kenyans the architects of their future. The law seeks to establish the National Infrastructure Fund…

Bandari Sacco Board Chair, Ken Sungu, receiving award for Best Cooperative Movement ,Sacco Stand from President William Ruto at 2025 Mombasa ASK Show.

Bandari DT SACCO posts higher profit as assets and lending grow in 2025

Sacco ReviewMarch 10, 202603 mins

Bandari DT Savings and Credit Cooperative Society Limited has reported improved financial performance for the financial year ended on December 31, 2025, with growth in profit, assets, dividends, and its loan portfolio. According to the latest financial results, the society’s profit for the year rose to Ksh 322 million in 2025, up from Ksh 263…

Women hail Equity’s Fanikisha Programme for enhancing business growth, financial inclusion

Sacco ReviewMarch 9, 2026March 10, 202605 mins

Women have hailed Equity Bank’s Fanikisha programme for transforming their financial fortunes, saying the initiative has helped them overcome barriers such as limited access to credit and lack of tailored financial products. Beneficiaries said the programme has enabled them to grow businesses, create jobs, and improve their living standards through access to affordable financing and…

Egg prices rise amid high feed costs and cold weather in Nairobi

Sacco ReviewMarch 8, 2026March 8, 202603 mins

Egg prices in Nairobi and its environ have risen by more than 30 percent in recent weeks, with traders citing reduced supply, high poultry feed costs, and cold weather caused by ongoing rains. A spot check by Sacco Review in several shops and egg outlets within Nairobi city and Ongata Rongai town revealed that the…

Stima DT Sacco to pay members interest at 11 per cent

Sacco ReviewMarch 8, 2026March 8, 202603 mins

The Stima Deposit Taking Savings and Credit Cooperative Organization (DT SACCO) has announced payment of members at a return of 11 per cent on deposits for the year ended December 2025. “The Board of Directors of Stima DT Sacco is pleased to announce the audited results for the year ended December 31, 2025 and recommend…

GTBank Kenya cuts charges on digital transfers

Sacco ReviewMarch 7, 2026March 7, 202602 mins

The Guaranty Trust Bank (Kenya) Limited (GTBank Kenya) has revised its Pesalink transaction charges, introducing zero transaction fees for transfers below Ksh1,000 as part of its ongoing commitment to customer-centric banking. The revised charges, which took effect on March 1, 2026 will see transactions between Ksh1,001 and Ksh5,000 attract Ksh5, while transactions between Ksh5,001 and…

Mogo,Boda Boda Safety Association train 800 riders on road safety in Kisumu

Sacco ReviewMarch 7, 202606 mins

Mogo Kenya, a vehicle and smartphone financie in partnership with the Boda Boda Safety Association of Kenya (BAK), has trained over 800 boda boda riders in Kisumu County on road safety as part of efforts to reduce deaths and injuries caused by road traffic accidents. The training forum which brought together riders from across Kisumu…