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

Coffee farmers to reap big once Cooperative Bill is implemented, CS Oparanya reveals

Sacco ReviewJuly 12, 202508 mins

Coffee farmers are set to reap big once government led coffee reforms take effect and the Cooperative bill is implemented to the letter. Co-operatives and Micro and Small Enterprises Cabinet Secretary Wycliffe Oparanya said the reforms will cut off farmer’s exploitation by cartels and brokers, strictly enforcing governance and leadership term limits to avoid mismanagement…

Government pilots Smart Chip System to revolutionize livestock traceability

Sacco ReviewJuly 12, 202504 mins

The government is in the process of rolling out an advanced chip-based identification system aimed at transforming livestock traceability and productivity across the country. Unveiled during the launch of the upgraded Nambale livestock sale yard in Busia County, the Animal Identification and Traceability System (ANITRAC) marks a bold step toward modernizing livestock management. At the…

NCE halts implementation of direct payment model to farmers

Sacco ReviewJuly 11, 202503 mins

Nairobi Coffee Exchange (NCE) has put on hold implementation of the direct payment models to the coffee farmers on a weekly basis. The move to transition to the farmer direct payment model from the Direct Settlement Systems, (DSS) that remitted the coffee proceeds through the cooperative societies, was ordered to be suspended by the NCE Acting…

National Ushirika Day celebrations council announces change of venue for the 2025 celebration

Sacco ReviewJuly 10, 202504 mins

The National Ushirika Day Celebrations council through the chairman Macloud Malonza has announced a change of venue for their upcoming festivities. Originally scheduled to take place at the Kenyatta International Convention Centre (KICC), the celebrations will now be held at Uhuru Park Grounds on Saturday, July 12, 2025. This crucial update was communicated through a…

Kenya launches SITPA to drive SACCOs’ digital transformation

Sacco ReviewJuly 10, 202504 mins

Kenya has officially launched the Sacco IT Professionals Association (SITPA), a new initiative aimed at strengthening the digital capabilities of Savings and Credit Cooperative Organizations (SACCOs). The launch took place on July 9,  2025, at the Mwalimu National DT SACCO Building in Nairobi. SITPA brings together IT professionals working in SACCOs across the country. Its goal…

KUSCCO to hold SACCO Societies Act Review Workshop in Naivasha

Sacco ReviewJuly 9, 202502 mins

Kenya Union of Savings and Credit Co-operatives (Kuscco) will hold Savings and Credit Cooperatives (SACCOs) SACCO Societies Act Review Workshop from 29h July to 1st August 2025. In a statement, KUSCCO indicated that the workshop will be held in Naivasha town, Nakuru County will be attended by Saccos Chief Executive Officers, committee of experts and…

SACCOs defy digital trend, expand physical branches across Kenya

Sacco ReviewJuly 9, 202508 mins

Despite rapid advancements in digital banking, Kenya’s Savings and Credit Cooperative Societies (SACCOs) continue to prioritize opening brick-and-mortar branches—especially in rural areas where a significant number of their members, such as peasant farmers, reside. Annual reports for the year ending December 31, 2024 and outlooks for 2025 reveal that several dynamic deposit-taking SACCOs plan to…

USAID freeze to hurt Kenya’s Coop sector

Sacco ReviewJuly 7, 202509 mins

Ramifications of a move by Donald Trump’s administration to cut off financial assistance by the United States Agency for International Development (USAID) to developing countries including Kenya, will begin to be felt in the coming months. To be hit hard are key sectors of the Kenyan Economy, including the Cooperative sector that has in the…

Tea farmers reap big at Mombasa auction as tea sales climb to Ksh 904 million

Sacco ReviewJuly 5, 2025July 5, 202503 mins

Tea farmers have a reason to smile after earnings from this week’s Mombasa auction rose slightly. According to data from Tea Brokers East Africa Ltd, tea factories earned Ksh 904.1 million, up from Ksh 902 million last week, following the sale of 3.72 million kilos of tea. The sale, held in Mombasa, saw increased demand and participation…

Annual Ksh3 billion SACCO losses raise alarm over weak oversight

Sacco ReviewJuly 5, 202505 mins

The cooperative finance sector in Kenya is under growing scrutiny as fresh revelations expose extensive financial mismanagement and fraud across savings and credit cooperatives (SACCOs), with annual losses exceeding Ksh3 billion. According to the Sacco Societies Regulatory Authority (SASRA), these massive losses are attributed to poor governance, unremitted member contributions, liquidity challenges and a widespread…