Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The Kenyan shilling has climbed to its strongest level in 17 months, opening at 128.96 against the US dollar. The shilling has been trading around the 129 mark for over a year, marking a rare stretch of stability after a turbulent period that saw it touch record lows. The shilling began pulling back from the…
The Kenya Revenue Authority (KRA) has intensified efforts to nurture a culture of tax compliance among young people, saying early awareness is key to building a responsible and informed taxpayer base. Current data shows that individuals aged between 21 and 30 years make up 42 per cent of registered taxpayers. Speaking during a public lecture…
Business leaders are calling on the government to prioritize the payment of pending bills, warning that delays have worsened the cash crunch affecting companies and slowed economic activity across the country. They argue that settling outstanding dues owed to contractors and suppliers would inject much‑needed liquidity into the economy and help struggling enterprises recover. Speaking…
The Cabinet has approved a KSh9.7 billion Livestock Value Chain Support Project (LVSP), a new programme aimed at improving dairy productivity, reducing post-harvest losses, and increasing farmer incomes across the country. The project is funded by the Government of Kenya and supported by a tied-aid credit agreement from the Polish Government. According to the Ministry…
The Micro and Small Enterprises Authority (MSEA) has completed nationwide classroom training for the first cohort of its Business Development Services (BDS) programme, marking a major milestone in efforts to strengthen small businesses under the Kenya Jobs and Economic Transformation (KJET) Project. The five‑week training, which began on November 10, 2025, reached 94 MSME clusters…
According to the latest Sacco Industry Quarterly Statistical and Soundness Report for Quarter Three (Q3)- September 2025, released by the Sacco Societies Regulatory Authority (SASRA), the regulated Savings and Credit Cooperative (SACCO) industry has maintained strong growth, showcasing notable improvements across key performance indicators. This comprehensive report highlights the sector’s resilience, with total assets reaching…
Data from the SACCO Societies Regulatory Authority (SASRA) shows that SACCOs channelled most of their lending toward land purchases, school fees and agriculture in the three months to September 2025, making the three sectors the biggest beneficiaries of credit demand among members. This accounted for more than 65 per cent of all loans issued by…
The Kenya Revenue Authority (KRA) has announced two major executive appointments approved by its Board, marking a significant step in the agency’s ongoing organisational transformation, technology modernisation, and evidence‑driven tax policy agenda. The appointments, which take effect on 12th January 2026, are expected to strengthen KRA’s leadership capacity as it accelerates reforms across its operational…
The Kenya Revenue Authority (KRA) has urged businesses across the country to strengthen their due diligence processes and transact only with credible suppliers, following a recent High Court ruling that reinforced efforts to dismantle the growing missing‑trader scheme. Speaking during a leadership forum, Commissioner General Humphrey Wattanga said the fraudulent scheme continues to undermine fair…
Residents of Taita Taveta, Kajiado and Makueni counties will have to wait longer to benefit from revenue sharing arrangements with Tsavo National Park. President William Ruto disclosed this on Tuesday during the launch of what is now the world’s largest rhino sanctuary. The President revealed that an earlier promise to share park revenues with local…
