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

What President William Ruto’s administration has done for agriculture sector

Sacco ReviewNovember 22, 202507 mins

President Dr William Samoei Ruto has laid out what his Kenya Kwanza administration has done for the Agriculture sector, the main turbine in the engine that is driving his ambitious 10-year Bottom Up Transformation Agenda blueprint. This is as the countdown for his momentous first term in office draws to a close. In his second…

Digital lenders overtake microfinance banks with ksh 76.8bn in June 2025

Sacco ReviewNovember 22, 202505 mins

The number of licensed Digital Credit Providers (DCPs) in Kenya rose to 126 as of July 2025, reflecting rapid growth in the digital lending sector following the implementation of stricter regulatory requirements by the Central Bank of Kenya (CBK). According to according to the Central Bank of Kenya’s Financial Sector Stability Report DCPs advanced KSh…

Jack Ranguma, SASRA Board Chairman. Photo/File

Joint Financial Regulators forum focus on stability amid rapid tech adoption

Sacco ReviewNovember 21, 202505 mins

The Joint Financial Sector Regulators Forum concluded its 16th Annual Board Retreat in Naivasha, centering its discussions on “Fostering Financial Stability and Resilience Amid Emerging Risks and Regulatory Reforms.” Held against the backdrop of rapid technological transformation in the financial industry, the retreat brought together key regulators to assess the evolving landscape shaped by innovations…

Afya SACCO delegates approve key resolutions on dividends, borrowing powers and audits during SDM

Sacco ReviewNovember 21, 202503 mins

The Afya Cooperative Savings and Credit Society Limited has announced a series of major resolutions following its Special Delegates Meeting (SDM) held on November 7, 2025. The meeting, chaired by Chief Executive Officer Lwanga Mbeche, addressed critical financial and governance matters affecting members and the society’s future operations. Delegates approved the non-payment of dividends on…

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…