Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The National Assembly has passed the Anti-Money Laundering and Combating of Terrorism Financing Laws (Amendment) Bill, 2025. The bill will see amendment of the Sacco Societies Act (Cap. 490B), empowering the Sacco Societies Regulatory Authority (SASRA) in regulating the Saccos, the societies have mobilized deposits of members to the tune of more than ksh 1…
Imenti Central Member of Parliament Moses Kirima has disbursed Kshs 6.9 million Uwezo Fund to over 80 local groups comprising youth and women in a bid to promote self-reliance and small-scale entrepreneurship. Speaking after disbursing cheques to groups, the law maker emphasized that the money is interest-free and meant for development-focused groups. Kirima also noted…
Meru Governor Isaac Mutuma has assented to the Cooperative Societies Amendment Bill aimed at strengthening governance of the cooperative movement. The assentment ceremony, held at the county headquarters, was attended by members of the County Assembly, representatives of cooperative societies, and various stakeholders from finance and agricultural sectors. Governor Mutuma, while speaking at the ceremony,…
The Kenya Sugar Board (KSB) is moving into the next phase of subsidiary legislation to enforce the Act following a series of public participation meetings designed to gather insights from cane farmers about the proposed Sugar Act of 2024, This next step involves conducting a comprehensive Regulations Impact Assessment (RIA), guided by the Statutory Instruments…
Kenya Bureau of Standard (KEBS), Mount Kenya Regional Manager Jacqueline Kang’iri urged members of the public to be vigilant when purchasing goods by checking out for the KEBS standardization Mark. “We urge residents to always verify that the products they buy have the KEBS standardization mark. This is one of the surest ways to protect…
Agriculture and Livestock Development Cabinet Secretary, Mutahi Kagwe, has issued a two week ultimatum to all miraa traders and exporters to comply with the government’s set minimum prices or face delisting. Speaking during a Farmers’ Day event in Meru, CS Kagwe warned that non-compliant traders will be required to reapply for licenses and clearly state…
Kisii County Matatu Owners Association has called for road safety from all drivers and bodaboda riders. The Association’s Chairman Simeon Nyamwaro said that most drivers compete for money and carry excess passengers for profit making especially at this time students are closing school a practice he says leads to accidents that could be avoided. “We…
Land belonging to the former Kenya Cashew Nuts Factory in Kilifi County is occupied by squatters, the National Assembly Committee on Implementation has been informed. The committee found out that the squatters have occupied 300 acres out of a total 350 acres. During a site visit to the factory by the committee led by MP…
Ministry of Co-operatives and Micro, Small & Medium Enterprises (MSMEs) Development, State Department for Cooperatives has highlighted major coffee reforms achievements a head of Mt Kenya region five days tour, the region has majority coffee farmers. Among the major reforms by the Kenya Kwanza government include placing coffee reforms under the Office of the President…
Women are increasingly taking the reins of entrepreneurship, driving innovation and economic growth in the country. Globally according to the World Bank, one-third of businesses worldwide have a woman among their principal owners. This number is steadily rising, with the number of startups with female founders doubling globally. Studies also suggest that women-led businesses are…
