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SASRA releases new policy to address Sacco members’ complaints

Sacco ReviewSeptember 14, 2025010 mins

The Sacco Societies Regulatory Authority (SASRA) released a new Model Complaints Handling Policy for regulated Saccos to strengthen the complaints management framework within the sector, ensuring alignment with best practices and regulatory requirements. According to SASRA the policy will provide a standardized and adaptable approach for Saccos to address member complaints effectively, transparently, and fairly….

Gov’t to buy maize directly from farmers for NSFR restocking as bumper harvest looms

Sacco ReviewSeptember 13, 202504 mins

The government will directly purchase maize from farmers to restock the National Strategic Food Reserve, (NSFR) to secure the national food security and stabilize the market. Speaking on September 11, during the official opening of the 2025 A.S.K. Central Kenya National Show at Kabiruini Showgrounds in Nyeri, Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe…

KRA announces executive appointments to enhance service delivery

Sacco ReviewSeptember 12, 202503 mins

The Kenya Revenue Authority (KRA) has made key leadership appointments as part of its ongoing efforts to strengthen institutional capacity, enhance service delivery and drive organizational excellence. The KRA Board and Management have announced it is committed to ensuring that executive roles are substantively filled while maintaining continuity and accountability across the organization. Effectively, Nancy…

Port towns urged to rump up transport around L.Victoria to spur economic growth

Sacco ReviewSeptember 12, 202505 mins

Port towns around Lake Victoria have been urged to rump up transport and related activities around the lake in order to spur economic growth for the social economic welfare of the residents. This call was made the leaders drawn from Kisumu, Kampala, Jinja and Homa Bay who were attending the inaugural Africa Smart Cities and…

MPs push for accountability and budget discipline to benefit Kenyans

Sacco ReviewSeptember 12, 202504 mins

Members of Parliament, (MPs) have emphasized that Kenyans must benefit fully from the digital economy through timely reforms, accountability, and prudent use of public resources. The National Assembly’s Committee on Communication, Information and Innovation had concluded an intensive oversight meeting with the Ministry of Information, Communication and the Digital Economy, scrutinizing budget implementation, stalled projects,…

SACCOs advised to adopt sustainable reporting to tackle climate, build trust

Sacco ReviewSeptember 11, 202505 mins

Savings and Credit Cooperative Organizations (SACCOs) have been advised to adopt sustainable reporting as part of efforts to strengthen climate risk management, improve transparency, and enhance customer confidence. Speaking during the opening of one week forum on audit, governance, and risk management for cooperatives at Voi yesterday, the Cooperative Alliance of Kenya (CAK) Chief Executive…

Kagwe encourages global investors to package tea in Kenya for market appeal

Sacco ReviewSeptember 11, 202504 mins

Agriculture Cabinet Secretary Mutahi Kagwe has called on global investors to package tea in Kenya for export to guarantee a higher value for their clientele. Speaking at the North America Tea Conference in South Carolina, Kagwe heaped praise on the Kenyan government for expunging taxes on packaging materials for agricultural products, hence making it affordable….

Machakos County lauded for digitized revenue gains

Sacco ReviewSeptember 11, 202506 mins

The Senate Standing Committee on Information, Communication and Technology (ICT) has commended Machakos County for its successful automation of revenue and financial management systems, which have significantly boosted local income. During an oversight visit led by Committee Chairperson Senator Allan Kiprotich Chesang (Trans Nzoia), the senators praised Governor Wavinya Ndeti for driving substantial reforms that…

Banks now prefer automation over upskilling, says KPMG Report

Sacco ReviewSeptember 11, 202505 mins

A new report by global advisory firm KPMG has revealed that banks across the world are prioritizing automation and digitization over up skilling their staff as they seek to cut costs and boost profits. According to the report, 38% of banks are focusing on automating processes, while 37% are digitising key functions to improve profitability….

Gov’t to lock out Hustler Fund loan defaulters from bank, SACCO loans

Sacco ReviewSeptember 11, 2025September 11, 202503 mins

The government has announced its intention to lock out Kenyans who have failed to repay Hustler Fund loans from accessing credit from banks, SACCOs, and other financial institutions. This was announced by the Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya in Mombasa during the Kenya Public-Private Sector MSMEs Dialogue, which brought together more than…