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

Trade Expo opens in Machakos as Chamber calls for protection of local enterprises

Sacco ReviewMarch 6, 202604 mins

The Kenya National Chamber of Commerce and Industry (KNCCI) in conjunction with the County Government of Machakos on Thursday officially opened a three-day Trade Expo in Machakos with the KNCCI President Dr. Eric Ruto calling on the government to review taxes and protect small businesses from unfair competition. Dr. Ruto said protecting Small and Medium…

Senate Committee reviews bill on minimum guaranteed returns for farmers

Sacco ReviewMarch 6, 202603 mins

The Senate Standing Committee on Agriculture, Livestock and Fisheries has reviewed submissions on the proposed Agriculture Produce (Minimum Guaranteed Returns) Bill, Senate Bills No. 17 of 2025, as lawmakers move forward with plans to strengthen protections for farmers. The committee chaired Bungoma County Senator Wafula Wakoli examined views from stakeholders on the proposed legislation aimed…

Inclusion Fund Chief Executive Officer Henry Tanui when he appeared before the National Assembly's special Funds Accounts Committee

MPs demand recovery of Ksh 12 Billion from Hustler Fund defaulters

Sacco ReviewMarch 6, 202604 mins

The National Assembly’s Special Funds Accounts Committee has demanded the tracking down of defaulters of the Financial Inclusion Fund, popularly referred to as the Hustler Fund, to recover billions of unpaid loans. In a session held at Bunge Tower, the lawmakers engaged the Financial Inclusion Fund Chief Executive Officer, Henry Tanui, and other officials on…

Kimisitu DT SACCO reports strong financial growth with assets up to Ksh12.8 billion

Sacco ReviewMarch 5, 202603 mins

One of Kenya’s leading savings and credit cooperatives, Kimisitu DT SACCO, has reported strong financial performance and growth according to its latest statement of financial position. The SACCO’s total assets rose from Ksh12.0 billion in 2024 to Ksh 12.8 billion in financial year ended 31st 2025, reflecting steady expansion in its financial base and member…

Cooperative PS seeks USA alliances to revolutionise Sacco Sector at 2026 GAC conference

Sacco ReviewMarch 5, 202604 mins

The Principal Secretary (PS) for the State Department for Cooperatives Patrick Kilemi who led a high-powered African delegation at the 2026 Governmental Affairs Conference (GAC 2026), has continued to seek the United State of America USA alliances with credit union leaders to broker reforms that could redefine Kenya’s savings and Credit Cooperative Organizations (SACCOs). Addressing…

NSSF ordered to refund Ksh40M to Keiyo teachers Coop in illegal land sale

Sacco ReviewMarch 4, 202605 mins

The National Social Security Fund (NSSF) has been directed to refund over Ksh40 million to the Keiyo Teachers Co-operative Society after the Court of Appeal upheld a decision declaring that it unlawfully sold public land to the cooperative. In a judgment delivered on February 27, the appellate court affirmed an earlier High Court decision directing…

CS Mutahi Kagwe ( l) and PS Agriculture Dr.Kipronoh Ronoh Paul.

CS Kagwe pushes for bigger agriculture budget after Ksh75.5B allocation

Sacco ReviewMarch 3, 202603 mins

The Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe, has urged Parliament of Kenya to increase the Ministry’s budget to at least 5% of the national budget approximately Ksh140B, warning that the current allocation under the 2026 Budget Policy Statement (BPS) is insufficient to secure Kenya’s food future. Appearing before the National Assembly Departmental Committee…

State team opposes Sacco shares trading on NSE, cites confusion and steep loss

Sacco ReviewFebruary 27, 202605 mins

The State-appointed team has opposed trading of Savings and Credit Cooperative Organization (SACCO) shares between members or on the National Securities Exchange (NSE), warning that the practice compromises the spirit of ownership and long-term participation. This comes on the back of a push by NSE for listing of Saccos on the stock market to boost…

Govt to establish new regulator for non-SACCO cooperatives to sort oversight gap

Sacco ReviewFebruary 27, 202603 mins

The government is planning to establish a new regulatory authority to safeguard billions of shillings in non-Sacco cooperatives, a move aimed at addressing critical oversight gaps that have left thousands of Kenyans, especially farmers, vulnerable to financial loss. This was revealed by the Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development Cabinet Secretary Wycliffe…

SASRA Acting Chief Executive Officer, David Sandagi,

SASRA report: SACCO total assets hit Ksh 1.21 Trillion mark

Sacco ReviewFebruary 26, 202606 mins

Sacco Societies Regulatory Authority (SASRA) has released the Quarterly Statistical and Soundness Report for the period October to December 2025, providing a comprehensive overview of the performance, growth and financial stability of Regulated SACCOs in Kenya The report indicated that by December 2025, total assets of regulated SACCOs had grown to Ksh 1.21 trillion, up…