Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The Tier one lender Co-operative Bank of Kenya (Co-op Bank) has been recognised for its pioneering work in small business finance, winning the “Product Innovation of the Year (Africa)” award at the Global SME Finance Awards 2025. The award, hosted by the International Finance Corporation (IFC) and the SME Finance Forum, endorses the lender’s strategy…
In the intricate landscape of Kenya’s financial ecosystem, the Sacco Societies Regulatory Authority (SASRA) Supervision Report 2024 emerges as a pivotal barometer of the cooperative banking sector’s vitality. Released on September 25, 2025, by Cabinet Secretary for Cooperatives and MSMEs Wycliffe Oparanya, this annual statutory document—mandated under Section 22 of the Sacco Societies Act—chronicles the…
Savings and Credit Co-operative Societies (SACCO) are busy redesigning their financial products, policies and strategies so as to compensate for low loan disbursements as a tough economy erodes household incomes and thrown many out of jobs. For players like Mwalimu National SACCO, the plan is to generate Non-funded income, away from its core activity of…
Principal Secretary for Diaspora Affairs Roseline Njogu has revealed that many qualified Kenyan youth have lost the opportunity to be employed in the diaspora due to the inappropriate skiza tunes in their phones. PS Njogu regretted that a simple rough or rowdy skiza tune has cost many skilled Kenyans opportunities under the Kazi Majuu program….
The Director General of the Micro and Small Enterprises Authority (MSEA), Mwenda Rithaa, together with three Principal Secretaries have urged youth in Meru County to take advantage of the National Youth Opportunities Towards Advancement (NYOTA) Project to access business start-up capital to improve their lifes. Speaking during a packed sensitization forum at Kamunde Hall in…
The National Government has deployed all Principal Secretaries (PSs) to counties to spearhead the official rollout of the National Youth Opportunities Towards Advancement (Nyota) programme The Ksh5 billion initiative aimed at empowering vulnerable young Kenyans through start-up capital, training, and mentorship. Each PS is expected to preside over the launch ceremonies in their counties as…
The government will soon launch a Good Quality Milk certification programme to set clear benchmarks for hygiene and safety, a programme which will also protect milk exports and boost quality. This was revealed by the Agriculture Cabinet Secretary, Mutahi Kagwe who added that farmers who deliver high-quality milk will earn premium payments, while those supplying…
The latest food security report by the global financier, World Bank paints a worrying picture for consumers especially to the developing nations. The lender estimates that domestic food price inflation remains stubbornly high in many parts of the world, signalling renewed pressure on both consumers and policymakers. The update shows the benchmark agricultural, export and…
Deputy President Kithure Kindiki has assured tea farmers that the government is rolling out comprehensive reforms aimed at ensuring they reap maximum benefits from their hard work. Speaking during a visit to Londiani in Kericho County, Kindiki revealed that Kenya’s tea industry posted impressive earnings of Ksh 215 billion in 2024, a significant increase from Ksh 138…
The Cooperatives and MSMEs Cabinet Secretary Wycliffe Oparanya and Saccos Societies Regulatory Authority, SASRA have raised concern over growing exploitation of Kenya’s sacco sector by influential individuals securing massive unsecured loans by bypassing lending thresholds. CS Wycliffe Oparanya warned that prominent figures are infiltrating saccos with minimal savings yet leveraging their status to pressure officials…
