Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Morocco has overtaken Kenya as Africa’s largest avocado exporter. This is according to Tropical Fruits Market Review, the latest data released by the Food and Agriculture Organization (FAO). The FAO’s review shows that Morocco’s avocado exports surged by nearly 90 percent in 2025 to approximately 141,000 tonnes, pushing it ahead of Kenya’s avocado exports, which…
A government‑appointed team of experts has advised the Ministry of Co‑operatives and MSMEs Development to maintain the suspension on registering new Saccos until a stronger legal framework is established. This comes amid concerns over governance gaps, unregulated growth, and the safety of members’ deposits in Kenya’s expansive cooperative sector. The committee, formed by Cabinet Secretary…
The Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe has officially commissioned a Ksh 3 billion De Heus Kenya animal feed plant in Athi River aimed at boosting the livestock sector. Speaking during the launching, Kagwe said the investment marks a shift from increasing herd numbers to improving productivity per animal. He reaffirmed the government’s…
The Cabinet Secretary for Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Wycliffe Oparanya has raised concern over growing financial mismanagement within savings and credit co-operative societies (SACCOs), warning that some institutions are pressuring the ministry to allow them to declare interest on deposits and dividends without adequate revenues or cash flows to support the…
The Government has finally lifted the liquidation order on Moi University SACCO Society that restrained its survival for close to two decades. The move has rescued the SACCO from the shackles of Auctioneers’ wrath, who were determined to sell the societies assets to recover the accrued Ksh 600 million. This comes after the Cabinet Secretary…
The Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development Cabinet Secretary Wycliffe Oparanya has warned that dormant and non-compliant SACCOs face deregistration and liquidation in accordance with the law. Speaking during the opening of the 11th Annual SACCO Leaders Convention organized by Kenya Union of Savings and Credit Co-operatives (KUSCCO) Limitedd at the PrideInn Hotel…
The Cooperative Alliance of Kenya Limited (CAK) has announced a high level leadership forum aimed at strengthening strategic dialogue, peer learning, and leadership reflection within Kenya’s cooperative movement. The five day forum, scheduled to take place from April 6 to April 10, 2026, at Lake Naivasha Resort, will bring together cooperative leaders and industry experts…
Director of Public Prosecutions (DPP) Renson Ingonga has reaffirmed Kenya’s resolve to curb money laundering and safeguard the integrity of the financial system, as the country works to exit the Financial Action Task Force (FATF) Grey List. Ingonga joined senior government officials and heads of key agencies on Monday in a high-level meeting that reviewed…
The Imarisha Savings and Credit Cooperative Organization (SACCO) has announced plans to expand with the official opening of the Fort Ternan branch as a full-service FOSA outlet, along with marketing outlets in Migori and the planned Maralal branch to widen national presence. This was revealed during the Society’s 37th Annual Delegates Meeting at Kebo Plaza…
Detectives from the Directorate of Criminal Investigations (DCI) have arrested a former accountant accused of masterminding a multimillion-shilling fraud scheme that cost a Savings and Credit Cooperative Organization (SACCO) more than Khs16 million. In a social media statement issued earlier today, the DCI confirmed that officers from its Banking Fraud Investigation Unit (BFIU) apprehended Amos…
