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

Global economic slowdown, rising trade tensions pose risks to financial stability, CBK Report

Sacco ReviewNovember 21, 202506 mins

The global economy is expected to slow in 2025, expanding between 2.8% and 3.0%, down from 3.3% in 2024, according to the Central Bank of Kenya’s Financial Sector Stability Report. The projected deceleration comes despite inflation returning to target levels, with the CBK citing escalating trade tensions, protectionist policies, and heightened policy uncertainty as key…

SASRA Acting Chief Executive Officer, David Sandagi,

SASRA CEO underscores key sector reforms at Cooperative Stakeholders’ Forum

Sacco ReviewNovember 21, 202503 mins

The Sacco Societies Regulatory Authority (SASRA) Chief Executive Officer, David Sandagi, has outlined major reforms aimed at strengthening Kenya’s cooperative sector during a high-level panel discussion at the 4th Annual Cooperative Movement Stakeholders’ Forum held at Lake Naivasha Resort. The forum, themed “Shaping the Future of Co-operatives: Leadership, Innovation and Sustainable Growth,” brought together cooperative…

CS Oparanya calls for merger of small SACCOs to boost their competitiveness

Sacco ReviewNovember 21, 202507 mins

The Cabinet Secretary for Cooperatives and MSMEs Wycliffe Oparanya has called for the merger of small Savings and Credit Cooperative Organizations (SACCOs) as part of boosting their competitiveness both locally and internationally. Spaeking during the 4th annual Cabinet Secretary’s Cooperative Movement Stakeholders’ Forum, CS Oparanya said that small cooperatives cannot endure local and global emerging competitive…

Nyati Sacco CEO Dr. Julius Bett resigns

Sacco ReviewNovember 20, 202502 mins

The Nyati Sacco Society Ltd Chief Executive Officer, CEO Dr. Julius Bett has officially resigned. His resignation was announced by the sacco’s board of directors through a public notice published on one of the local dailies. “The Board of Directors of Nyati Sacco Society Ltd wishes to notify the members, stakeholders, and the general public…

Over 100 Uasin Gishu MSMEs informed on business support opportunities

Sacco ReviewNovember 19, 202506 mins

Over 100 Micro and Small Enterprises entrepreneurs from Turbo Sub County, Uasin Gishu have been trained on business policies so as to empower them with knowledge on existing regulations and support services. The program manned by the Micro and Small Enterprises Authority (MSEA) aims to foster a more informed, compliant, and competitive MSME ecosystem in…

Cooperatives urged to expand credit provision to members to enhance capital retention

Sacco ReviewNovember 19, 202507 mins

Cooperatives have been asked to expand credit provision to members and fast-track strategies to enhance capital retention to enable them be productive. Director-In-Charge of the Cooperative Banking Division at the Cooperative Bank of Kenya, Vincent Marangu said the loan provision to members in the Sacco subsector currently stands at between 10 per cent and 11…

Stakeholders push for better business environment to boost SMEs growth and jobs

Sacco ReviewNovember 19, 202505 mins

The government has been urged to establish a more supportive environment for small and medium-sized enterprises (SMEs) to enable them to thrive and contribute to national economic growth. During an award ceremony organized by Starbrands, stakeholders from various sectors called for lower taxes, including a review of stamp duty charges, saying the move would ease…

NBA to open two new offices to boost GMO monitoring and surveillance

Sacco ReviewNovember 18, 202504 mins

The National Biosafety Authority (NBA) has announced plans to open two new border offices as it intensifies monitoring and surveillance of genetically modified organisms (GMOs) products across the Country. Speaking during new staff capacity building exercise at KALRO Kandara, acting Chief Executive Officer Nehemiah Ngetich said the new will be in Moyale and Isebania. “In…

Agricultural sector mourns Aak-Grow/CropLife Kenya CEO Eric Kimunguyi

Sacco ReviewNovember 18, 202503 mins

The agricultural fraternity in Kenya is mourning the sudden death of Eric Kimunguyi, the Chief Executive Officer of Aaak-Grow/CropLife Kenya, who passed away after a short illness. Industry leaders have paid glowing tribute to Kimunguyi, praising his leadership, integrity, and unwavering dedication to promoting sustainable and science-driven agriculture across the country. In a statement, Aak-Grow/CropLife…

Senate committee, taxpayers group seek stronger oversight in agriculture sector

Sacco ReviewNovember 17, 202503 mins

The Senate Standing Committee on Agriculture, Livestock and Fisheries has held a consultative meeting with the National Taxpayers Association (NTA) to explore avenues for enhancing accountability, transparency and value for money in Kenya’s agriculture sector. The session brought together senators and officials from the NTA to discuss practical ways of strengthening public participation and oversight…