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EAC Affairs PS Dr. Caroline Karugu (centre) before National Assembly’s Departmental Committee on Finance and National Planning. Photo Courtesy.jpg

EAC affairs PS urges parliament to amend tax laws to align with EAC partner states

Sacco ReviewJune 11, 202606 mins

The State Department for East African Community (EAC) Affairs has urged the National Assembly to fast-track amendments to Kenya’s tax laws to align them with regional frameworks, warning that failure to do so could trigger retaliatory trade measures from neighbouring countries. Appearing before the National Assembly’s Departmental Committee on Finance and National Planning, Principal Secretary…

DCI arrest 3 suspects in connection with Ksh22.4 M SACCO fraud

Sacco ReviewJune 11, 202603 mins

Detectives from Directorate of Criminal Investigations (DCI) have arrested three individuals suspected of orchestrating a sophisticated fraud scheme that siphoned over Ksh22.4 million from a local savings and credit cooperative society (SACCO). Investigations revealed a complex network in which the suspects exploited the SACCO’s computerized financial systems to illegally transfer funds for personal gain. At…

Sacco leaders push for unified Cooperative movement to strengthen governance and investor confidence

Sacco ReviewJune 10, 202604 mins

Leaders in the Savings and Credit Cooperative (Sacco) sector are seeking to establish a unified cooperative movement aimed at enhancing governance, strengthening advocacy, and influencing policy discussions on agriculture, housing, and consumer affairs to improve the country’s economic well-being. The proposed movement is expected to address persistent management and governance challenges that have contributed to…

CPA Samuel Ndung’u confirmed as NCPB CEO

Sacco ReviewJune 10, 202603 mins

The Board of Directors of the National Cereals and Produce Board (NCPB) has confirmed CPA Samuel Karogo Ndung’u as the organization’s substantive Chief Executive Officer (CEO). In a notice, the Board stated that Ndung’u’s appointment followed a competitive recruitment process that received concurrence from the parent ministry. Before his confirmation, he had been serving as…

Oparanya leads Shirikiana Sacco delegates training ahead of presidential launch

Sacco ReviewJune 10, 202604 mins

The Cabinet Secretary for Cooperatives and MSME Development Wycliffe Oparanya on Wednesday presided over a training session for delegates of Shirikiana Sacco at Masinde Muliro University of Science and Technology (MMUST), as preparations intensify for the Sacco’s official launch later this week. The training programme, held ahead of the Sacco’s launch by President William Ruto…

CAK chair Malonza elected chairperson International Cooperative Alliance Africa

Sacco ReviewJune 9, 202604 mins

Kenya has reinforced its standing as a leading force in Africa’s cooperative movement following the election of Macloud Malonza as Chairperson of International Cooperative Alliance Africa(ICA-Africa). Malonza, who also serves as Chairman of Co-operative Bank Holdings and Chairman of the Co-operative Alliance of Kenya (CAK) secured a decisive victory during elections held by the Cooperative…

SASRA confirms appointment of David Sandagi as substantive CEO

Sacco ReviewJune 9, 202602 mins

The Sacco Societies Regulatory Authority (SASRA) has announced the appointment of David Sandagi as its substantive Chief Executive Officer (CEO) effective June 2026, following a decision by the Board after consultations with the Head of the Public Service and the Cabinet Secretary for Co-operatives and MSME Development. Sandagi has been serving in an acting capacity…

Gov’t pushes for SACCO digital and governance overhaul as sector reform talks intensify

Sacco ReviewJune 8, 202603 mins

The Government has stepped up efforts to overhaul the Savings and Credit Cooperative (SACCO) sector, with a strong focus on digital transformation and improved governance as reform discussions gain momentum. This came up during a high-level stakeholder engagement convened by Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya, together with Principal Secretary Patrick Kilemi that…

Cooperative leaders propose advisory council to strengthen governance and policy engagement

Sacco ReviewJune 7, 202604 mins

Leaders in Kenya’s cooperative movement are considering the establishment of an Economy Advisory Council of Chairpersons to enhance governance, coordination and policy engagement across the sector. The proposal was tabled during a two‑day meeting convened by the Cooperative Alliance of Kenya (CAK), which brought together chairpersons and vice‑chairpersons from savings and credit cooperatives (Saccos), as…

Scale down tax on digital transactions and phones to support small businesses, MPs urged

Sacco ReviewJune 7, 2026June 7, 2026011 mins

Residents of Taita Taveta County have called on the National Assembly to scale down proposed taxes on digital transactions and mobile phones, warning that the Finance Bill, 2026, could stifle innovation, entrepreneurship, and youth employment in the digital economy. Led by representatives from the National Youth Council (NYC) Taita Taveta chapter, the residents who were…