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SACCO industry defies economic pressures, records robust Q3 growth

Sacco ReviewDecember 14, 202509 mins

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…

Land, school fees and agriculture loans drive SACCO lending surge in Q3 of 2025

Sacco ReviewDecember 12, 202506 mins

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…

KRA announces key executive appointments to drive digital and policy reforms

Sacco ReviewDecember 12, 202506 mins

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…

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

KRA warns businesses to vet suppliers after court upholds Ksh773M missing‑trader tax case

Sacco ReviewDecember 12, 202505 mins

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…

Taita Taveta, Kajiado and Makueni Residents to Wait Longer for Park Revenue Share

Sacco ReviewDecember 12, 202509 mins

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…

KALRO partners with stakeholders to support livestock trade and export in EA

Sacco ReviewDecember 8, 202508 mins

The Kenya Agricultural and Livestock Research Organisation (KALRO) has partnered with stakeholders in the livestock sector to come up with a project proposal aimed at supporting livestock trade and export in the Eastern Africa region. The project, funded by the Standards and Trade Development Facility (STDF) will be implemented by KALRO and the Food and…

How KRA is protecting tax administrators from intimidation in the digital age

Sacco ReviewDecember 8, 202507 mins

Recent online allegations concerning the Kenya Revenue Authority’s (KRA) newly established Micro and Small Taxpayers Department have attracted significant public attention. Yet a closer review of the Authority’s structural reforms, accountability systems, and the track record of its integrity framework shows that these claims are not only unfounded but also part of a troubling pattern….

NCBA, HEVA Fund partner to offer financing solutions for creative artists

Sacco ReviewDecember 7, 202507 mins

NCBA and HEVA Fund have officially signed a groundbreaking Memorandum of Understanding (MoU) to address challenges facing the creative economy sector by unveiling a suite of financial products that allow creative artists and entrepreneurs to access tiered financing solutions. The announcement was made during the NCBA Creative Economy Summit and Elev8 LIVE album launch, an…

Stakeholders urge Govt to create conducive business environment, reduce taxes to promote investments

Sacco ReviewDecember 7, 202508 mins

Stakeholders in the private sector have urged the government to create an enabling environment for businesses to thrive and eventually spur the country’s economy. They are also pleading with the Kenya Kwanza administration to go slow on taxes so as to promote investments in the country. Some of the stakeholders in the Real Estate Sector…

Stakeholders urge Govt to invest and support MSMEs to unlock business growth

Sacco ReviewDecember 5, 202508 mins

Stakeholders in the Micro, Small and Medium Enterprises (MSMEs) and industry have called on the Governments and other development partners to invest more in the business sector in order to unlock the next phase of business growth in Kenya. Speaking during the launch of the inaugural three-day Business Ecosystems Summit (BES) 2025 in Kisumu on…