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

Milk vanishes from shelves as COFEK warns of price surge

Sacco ReviewSeptember 1, 202605 mins

Milk brands are disappearing from shelves as shortages push prices higher. Falling formal milk intake is putting pressure on supplies and farmers. COFEK wants urgent government action to stabilise production and prices. Popular milk brands have grown scarce on supermarket shelves across Kenya as an intensifying shortage pushes prices higher, the Consumers Federation of Kenya…

KAWU calls off aviation strike after government deal

Sacco ReviewSeptember 1, 202604 mins

KAWU has called off its airport strike after reaching a deal with the government. Workers will resume duties as negotiations on pay and a CBA begin. The strike had disrupted operations at major Kenyan airports. Aviation workers under the Kenya Aviation Workers’ Union (KAWU) called off their strike on Tuesday after reaching a return-to-work agreement…

Kenyans receiving services at the Kenya Revenue Authority headquarters. PHOTO/KRA

KRA links eTIMS with IFMIS for government supplier invoices

Sacco ReviewAugust 31, 202604 mins

Government suppliers must now meet eTIMS requirements before seeking payment. KRA will electronically validate supplier invoices submitted through IFMIS. The integration aims to improve tax compliance and transparency in government payments. Government suppliers in Kenya will now have to ensure their invoices meet Kenya Revenue Authority (KRA) eTIMS requirements before they can be submitted for…

KUSCCO shareholders approve dissolution, back new cooperative body

Sacco ReviewAugust 29, 202609 mins

KUSCCO shareholders have approved the union’s dissolution as debts far outweigh its assets. Members have backed a new umbrella body, KEFESCO, focused on advocacy, training, research and consultancy. A creditor has moved to court to challenge the transition, putting the new federation’s future in question. Shareholders of the Kenya Union of Savings and Credit Cooperatives…

KUSCCO shareholders approve liquidation, new body

Sacco ReviewAugust 28, 202604 mins

KUSCCO shareholders approve full liquidation as debts hit Ksh 17 billion against Ksh 5.4 billion in assets. New national Sacco association approved to take over advocacy, training and research roles. Commissioner David Obonyo to oversee asset recovery and payouts to Saccos and depositors. KUSCCO shareholders have approved a structured liquidation after liabilities topped Ksh 17…

Saccos set to adopt full-file credit information sharing system

Sacco ReviewAugust 28, 202606 mins

Saccos are set to share both positive and negative credit data. New system could strengthen lending and curb multiple borrowing. Saccos face IT and data protection upgrades before rollout. Saccos are set to adopt a bank-like full-file credit information sharing system that will enable them to share both positive and negative credit information, in a…

SACCOs are putting more focus on what happens behind the numbers

Sacco ReviewAugust 27, 202602 mins

KUSCCO has spent the week training SACCO leaders on budgeting, liquidity management and cost control, while Supervisory Committee members have been sharpening their oversight skills. The combination is telling: financial performance is not just about raising more money. It is also about how SACCOs plan, control costs, manage liquidity and keep management accountable. READ MORE: …

Firms absorb rising costs in a bid to retain customers

Sacco ReviewAugust 27, 2026August 27, 202603 mins

Kenyan businesses are increasingly absorbing rising production and operational costs as they seek to retain customers amid growing price sensitivity and weakening purchasing power. The strategy is intended to protect sales volumes and prevent customers from switching to cheaper alternatives, but it is putting pressure on firms’ profit margins as fuel, transport, energy and raw…

DP Kindiki: First eight county industrial parks nearly complete

Sacco ReviewAugust 26, 202604 mins

Government moves to fast track completion of the first eight County Aggregation and Industrial Parks Meru, Embu, Kirinyaga and five other counties are nearing completion of their CAIPs Parks expected to create jobs, boost manufacturing and open new markets for farmers The Government has stepped up efforts towards the finalisation of the construction and operationalisation…

Bill proposes 7.5% pension deduction for county workers

Sacco ReviewAugust 26, 202605 mins

County workers could face a new 7.5 per cent pension contribution under proposed legislation County governments may be required to match employee contributions by up to 15 per cent Bill proposes stronger safeguards for pension remittances and limited early access to benefits County government employees could see a new 7.5 per cent deduction from their…