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

Government to roll out new MSME policy to drive jobs and growth

Sacco ReviewJanuary 4, 202606 mins

The government is preparing to unveil a revised Micro, Small and Medium Enterprises (MSMEs) policy designed to transform the sector into a central pillar of job creation, economic growth and inclusive development under the Bottom‑Up Economic Transformation Agenda (BETA). Principal Secretary for MSMEs Susan Mang’eni said the sector has already registered progress under the current…

LBDA positions itself as driver of economic growth

Sacco ReviewJanuary 3, 202605 mins

The Lake Basin Development Authority (LBDA) has declared itself a key engine of economic growth, following a strong performance in 2025 that saw gains in revenue, agriculture and institutional ventures. Managing Director Wycliffe Ochiaga said the authority’s improved outlook was anchored on aligning its programmes with the national Bottom‑Up Economic Transformation Agenda, a move that…

PS Odede Urges youth to register SACCOs on E-GPS to access gov’t tenders

Sacco ReviewDecember 29, 202502 mins

Public Investments and Asset Management Principal Secretary Cyrill Odede has called on young people in Migori to register their Savings and Credit Cooperatives (SACCOs) with the Electronic Government Procurement System (E-GPS) to qualify for county and national government tenders. Speaking during the launch of the Migori County Young Professionals (MCYP) group at Migori Teachers Training…

Government sets aside KSh4.45bn to complete industrial parks in 24 counties by June 2026

Sacco ReviewDecember 23, 202504 mins

The national government has allocated KSh4.45 billion in the current financial year to fully fund County Aggregation and Industrial Parks (CAIPs) in 24 counties, targeting completion by June 2026. The government aims to accelerate stalled projects and advance its plan to promote local manufacturing and value addition through county-based industrial hubs launched in 2023. Earlier,…

Maendeleo Ya Wanawake Organization to launch National Sacco in January 2026

Sacco ReviewDecember 20, 202507 mins

The Maendeleo Ya Wanawake Organization (MYWO), Kenya’s largest grassroots women’s network, is gearing up for the official launch of its National Sacco in January 2026, a move poised to revolutionize financial inclusion for women across the country. This initiative comes at a pivotal time as MYWO intensifies efforts to unify, nurture, and empower women socially,…

KUSPAW calls for nationwide strike over KSh1.9 billion unpaid arrears at leased sugar mills

Sacco ReviewDecember 20, 202504 mins

The Kenya Union of Sugarcane Plantation and Allied Workers (KUSPAW) has announced a nationwide strike from Monday, citing the government’s failure to settle salary and terminal benefits arrears owed to workers at leased state-owned mills, estimated at about KSh1.9 billion. Union Secretary General Francis Wangara said employees at Muhoroni, Chemelil, Nzoia and Sony Sugar will…

KWS banks on new technology to secure wildlife and boost tourism

Sacco ReviewDecember 20, 202508 mins

The government has intensified the use of advanced technology and elite ranger units to strengthen wildlife protection and safeguard tourism, as Kenya Wildlife Service (KWS) rolls out extensive reforms aimed at improving security, conservation outcomes and visitor confidence. Speaking on Friday during the passing-out parade of KWS cadet officers at the KWS Law Enforcement Academy…

CEOs and CFOs to sign SACCOs audited accounts as SASRA tightens accountability

Sacco ReviewDecember 20, 2025December 20, 202506 mins

Chief Executive Officers (CEOs) and Chief Finance Officer or Finance Manager (CFO or FM) of Savings and Credit Cooperative Organisations (SACCOs) must now sign audited financial statements alongside authorized board signatories, a move aimed at cementing personal and collective responsibility for financial reporting in the cooperative sector. The Sacco Societies Regulatory Authority (SASRA) announced the…

Kenya Sugar Board moves to avert strike with pledge on workers’ arrears

Sacco ReviewDecember 20, 202505 mins

The Kenya Sugar Board (KSB) has stepped in to ease mounting labour unrest in the sugar sector, promising prompt payment of arrears to cane workers after the Kenya Union of Sugarcane Plantation and Allied Workers (KUSPAW) threatened a nationwide strike. KSB Chief Executive Officer Jude Chesire said the government is working to ensure that workers…

Equity Bank launches enhanced digital platform to streamline business payments

Sacco ReviewDecember 17, 202504 mins

Equity Bank has launched an upgraded digital banking platform for enterprises, marking a significant step in the sector’s shift toward faster, technology-driven financial services as Kenya’s economy becomes increasingly digital. The platform, Equity Online for Business, replaces the former EazzyBiz system and is designed to improve how businesses manage payments, cash flow and account administration….