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Kenya moves to put its tea on the London Marathon table in multimillion dollar UK deal

Sacco ReviewApril 30, 202603 mins

The agriculture and livestock development Cabinet Secretary (CS) Mutahi Kagwe has held high level talks with a leading United Kingdom (UK) based tea distributor, exploring bold new ways to market Kenyan tea to the world, including serving it to athletes at the prestigious London Marathon. Kagwe met with Nadeem Ahmed, Chairman of Global Tea and…

Daima Sacco annual members’ education forum

Daima Sacco trains members on financial literacy

Sacco ReviewApril 29, 202603 mins

Daima Sacco Society Limited has intensified efforts to promote financial literacy among its members, with a strong focus on empowering young people to build secure financial futures. The recent annual members’ education session attracted significant engagement, with over 70 percent of participants drawn from the youth demographic. The session centered on practical approaches to saving…

New KPCU, Nyamira County seal partnership to revitalize coffee farming

Sacco ReviewApril 28, 202604 mins

The New Kenya Planters Co-operative Union (New KPCU) and the County Government of Nyamira have sealed a new partnership to breathe fresh life into coffee farming in Nyamira County, signaling renewed efforts to restore the crop as a cornerstone of the local economy. The agreement, formalized through a Memorandum of Understanding (MOU) signed on Tuesday,…

Business players urge govt to create conducive environment for economy growth

Sacco ReviewApril 28, 202606 mins

As the country gears towards 2027 general elections and leaders jostle for votes, the business fraternity is faced with uncertainties on the fate of their ventures. Historical trends indicate that while some sectors might see temporary boosts from political spending, the overall business environment usually experiences a “wait-and-see” approach. Investors, both local and foreign, typically…

Co-op Bank plans shift to holding company, eyes regional expansion

Sacco ReviewApril 25, 202605 mins

Co-operative Bank of Kenya has announced plans to restructure into a non-operating holding company, a move that will separate its core banking operations from the broader group and position the lender for regional expansion. The development carries direct implications for Kenya’s 15 million member cooperative movement, which controls the bank through Co-op Holdings Co-operative Society…

IRA warns public against unlicensed operators

Sacco ReviewApril 24, 202604 mins

The Insurance Regulatory Authority (IRA) has cautioned members of the public against seeking insurance-related services from unlicensed operators. Speaking during the conclusion of the four-day grassroots engagement forum dubbed Bima Mashinani at the Kisii Agricultural Training Centre, IRA Corporate Communications and Public Relations Officer Evans Kibagendi noted the existence of illegal entities posing as insurance…

Kenyan Coffee fetches record prices at 2026 African Trade Fair

Sacco ReviewApril 24, 202605 mins

The Kenyan coffee has posted an impressive record prices at the 2026 African Coffee Trade Fair (ACT), fetching up to USD 120 per kilogram in a landmark direct auction that linked farmers to international buyers. The event, a premier platform for trading high-quality Kenyan micro-lot coffees held on Thursday April 23, brought together producers and…

Gov’t moves to reform SACCO sector amid push for growth and trust

Sacco ReviewApril 23, 202604 mins

The government has stepped up efforts to reform Kenya’s cooperative movement, with Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya leading a renewed push for structural changes aimed at strengthening the sector. Oparanya said the proposed reforms are designed to make Savings and Credit Cooperative Organizations (SACCOs) more self-sustaining while safeguarding members’ savings. Central to…

Public has until April 24, to submit views on Sacco Amendment Bill

Sacco ReviewApril 23, 202603 mins

The public has until 5:00 p.m. on April 24, 2026, to submit their views on the proposed Sacco Societies (Amendment) Bill, No. 32 of 2025. The National Assembly, in a notice issued on April 10, invited citizens, stakeholders, and organizations to present their views in line with Article 118 of the Constitution of Kenya 2010,…

Mobile money agent transactions hit 3-year low amid rising living costs

Sacco ReviewApril 22, 202604 mins

Kenyans are cutting back on the use of mobile money agents, with transaction values dropping to their lowest level in nearly three years as households grapple with rising living costs and shrinking disposable incomes. According to data from the Kenya National Bureau of Statistics (KNBS), the total value of transactions handled by telco and bank-linked…