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CAK chair Malonza elected chairperson International Cooperative Alliance Africa

Sacco ReviewJune 9, 202604 mins

Kenya has reinforced its standing as a leading force in Africa’s cooperative movement following the election of Macloud Malonza as Chairperson of International Cooperative Alliance Africa(ICA-Africa). Malonza, who also serves as Chairman of Co-operative Bank Holdings and Chairman of the Co-operative Alliance of Kenya (CAK) secured a decisive victory during elections held by the Cooperative…

SASRA confirms appointment of David Sandagi as substantive CEO

Sacco ReviewJune 9, 202602 mins

The Sacco Societies Regulatory Authority (SASRA) has announced the appointment of David Sandagi as its substantive Chief Executive Officer (CEO) effective June 2026, following a decision by the Board after consultations with the Head of the Public Service and the Cabinet Secretary for Co-operatives and MSME Development. Sandagi has been serving in an acting capacity…

Gov’t pushes for SACCO digital and governance overhaul as sector reform talks intensify

Sacco ReviewJune 8, 202603 mins

The Government has stepped up efforts to overhaul the Savings and Credit Cooperative (SACCO) sector, with a strong focus on digital transformation and improved governance as reform discussions gain momentum. This came up during a high-level stakeholder engagement convened by Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya, together with Principal Secretary Patrick Kilemi that…

Cooperative leaders propose advisory council to strengthen governance and policy engagement

Sacco ReviewJune 7, 202604 mins

Leaders in Kenya’s cooperative movement are considering the establishment of an Economy Advisory Council of Chairpersons to enhance governance, coordination and policy engagement across the sector. The proposal was tabled during a two‑day meeting convened by the Cooperative Alliance of Kenya (CAK), which brought together chairpersons and vice‑chairpersons from savings and credit cooperatives (Saccos), as…

Scale down tax on digital transactions and phones to support small businesses, MPs urged

Sacco ReviewJune 7, 2026June 7, 2026011 mins

Residents of Taita Taveta County have called on the National Assembly to scale down proposed taxes on digital transactions and mobile phones, warning that the Finance Bill, 2026, could stifle innovation, entrepreneurship, and youth employment in the digital economy. Led by representatives from the National Youth Council (NYC) Taita Taveta chapter, the residents who were…

AFA recognizes top Coffee Cooperatives and stakeholders in Embu

Sacco ReviewJune 5, 202603 mins

The Agriculture and Food Authority (AFA) has recognized outstanding coffee cooperative societies and stakeholders for their contribution to promoting quality, productivity, transparency and value addition within Kenya’s coffee value chain. The recognition was made during the Coffee Stakeholders Awards Ceremony held in Embu County, bringing together farmers, cooperatives, processors and industry leaders to celebrate excellence…

President William Ruto and South African President Cyril Ramaphosa after witnessing the signing of six new agreements.

Kenyan tea, coffee and spices regain duty-free access to South Africa

Sacco ReviewJune 5, 202603 mins

South Africa has lifted suspended duties on Kenyan tea, coffee, and spices, restoring preferential market access under the Southern African Customs Union (SACU) tariff offer. The announcement was made by the State Department for the Ministry of Investments, Trade and Industry on Friday ending a suspension that had been in place since November 2025. “South…

PS Kilemi urges Saccos to prioritize affordable loans over dividend payouts

Sacco ReviewJune 5, 2026June 5, 202604 mins

Principal Secretary for Co‑operatives and Micro, Small and Medium Enterprises (MSMEs) Development, Patrick Kilemi, has called on Savings and Credit Cooperative Societies (Saccos) to strengthen their institutional capital and shift focus from competing through high dividend declarations to offering affordable loans that directly benefit members. Speaking during an interview on a local station on Thursday,…

Govt lifts SACCO registration ban, sets Ksh 1.2M capital requirement

Sacco ReviewJune 3, 202603 mins

The Ministry of Co-operatives and MSMEs Development, through the Commissioner for Co-operatives, has lifted the suspension on the registration of new SACCO societies, effective immediately. The decision follows the completion of a review of the legislative and regulatory framework governing SACCOs by a Committee of Experts appointed by Cabinet Secretary Wycliffe Oparanya. The committee, which…

Govt withdraws application to review electricity tariffs, current tariffs to remain

Sacco ReviewJune 3, 202603 mins

The Ministry of Energy and Petroleum has withdrawn an application seeking a review of retail electricity tariffs, citing the need to balance the sustainability of the energy sector with consumer protection. announced the decision at a press briefing at Kawi House, Nairobi, on Wednesday. He explained that the move followed extensive consultations within government and…