Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The Sacco Societies Regulatory Authority (SASRA) has expressed concerns that while credit scoring has immense value, SACCOs has been slow to adopt credit referencing fully, creating gaps in credit decision-making. The regulator also points to challenges in implementing effective credit-scoring systems, which have hampered responsible lending and long-term financial stability. But a section of top…
Credit unions around the world, including in Kenya, have joined in celebrating the 77th International Credit Union (ICU) Day, marked annually on the third Thursday of October. This year’s theme, “Cooperation for a Prosperous World,” echoes the United Nations’ 2025 declaration of the International Year of Cooperatives, which carries the broader theme “Cooperatives Build a…
Small-scale farmers across Kenya are hopeful that the government’s ongoing review of the Seed and Plant Variety Act of 2012 will end years of restrictions that have hindered the exchange and use of indigenous seeds. The issue took centre stage at the 4th Indigenous Seeds and Food Harvest Fair 2025 held in Nanyuki, Laikipia County,…
The Ministry of Agriculture and Livestock Development has partnered with Fahari Aviation, a subsidiary of Kenya Airways, to implement drone-based precision agriculture across the country. The initiative, aligned with the Ministry’s Strategic Plan 2023–2027 and the Government Agenda, places technology at the heart of agricultural transformation. It aims to tackle key challenges facing the sector,…
When a monumental financial scandal rocked the Kenya Union of Savings and Credit Co-operatives (Kuscco), perhaps the hardest hit by the financial losses were Small-Tiered Regulated SACCOs that had looked upon Kuscco as the proverbial hen’s wing under which the small chicks could hide. Most of the small Saccos had put up at least Ksh22…
Farmers’ Saccos have recorded a tremendous growth in membership and liquidity despite the tough economic times which has affected other saccos. According to the Sacco Supervisory Report 2024 by the Sacco Societies Regulatory Authority (SASRA), agriculture based Regulated Saccos continued to have the highest proportion of membership at about 41% of all members representing 3…
The International Monetary Fund, IMF has urged members of parliament MPs, to enhance fiscal sustainability, and strengthen Public Finance Management (PFM) Act to boost revenue mobilization. Speaking during the parliamentary caucus on network on the World Bank and IMF consultative meeting, IMF Mission Chief, Haimanot Teferra highlighted that the IMF expects the country to focus…
The fifth edition of the African Inclusive Finance Week (SAM 2025) officially opened on Monday in Nairobi, bringing together more than 1,000 delegates from across the continent. The high-profile event, running from October 13 to 17 at the Kenyatta International Convention Centre (KICC), was officially inaugurated by the Cabinet Secretary for Cooperatives and SMEs, Wycliffe…
Biashara DT Sacco Society Limited is set to roll out online digital loans beginning early next year as part of efforts to embrace technology and expand financial inclusion, particularly among the youth. The Sacco’s Treasurer, Dr. Peter Macharia, said the move is in line with the country’s evolving financial sector where digital platforms are increasingly…
Kenyan farmers are set to benefit from a new tractor financing scheme launched to ease access to modern farming equipment and boost agricultural productivity. The initiative, unveiled on Monday in Kimana, Loitokitok Sub-county, Kajiado County, is a joint effort between Equity Bank Kenya and Inchcape Kenya Ltd, the official distributor of New Holland agricultural machinery….
