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

MP Kailemia urges youth to embrace saving culture to benefit from government funding

Sacco ReviewJuly 28, 202603 mins

Kailemia urged youth to embrace saving and join registered groups. She said even small savings can build long term financial security. She encouraged table banking to access government funding and investment opportunities. Meru Woman Representative Elizabeth Kailemia has urged the youth to embrace a saving culture by enrolling in registered groups to benefit from government…

KEPSA joins launch of Kenya Tree Economy Initiative to drive corporate ESG agenda

Sacco ReviewJuly 27, 202607 mins

KEPSA joined the launch of the Kenya Tree Economy Initiative to mobilise corporate investment in ESG, nature restoration and green growth. The initiative unveiled a Tree Economy and ESG Investment Platform and a charter to promote collaboration on sustainability, carbon markets and biodiversity conservation. Partners said KETEI will support Kenya’s 15 Billion Tree Growing Programme…

Pest control industry disputes pesticide residue report on Kenyan vegetables

Sacco ReviewJuly 27, 202606 mins

Pest control industry says pesticide residue report lacks scientific context on food safety. Agrochemicals Association of Kenya argues detectable residues do not automatically mean vegetables are unsafe if they remain within Maximum Residue Limits. Industry urges reliance on Codex standards, responsible pesticide use and accurate public communication to avoid unnecessary alarm and protect Kenya’s agricultural…

EBC warns Kenya’s Ksh995.7B domestic borrowing plan could tighten credit for small businesses

Sacco ReviewJuly 27, 202607 mins

EBC warns Kenya’s Ksh 995.7 billion domestic borrowing plan could push banks towards government securities, tightening credit terms for small businesses. The brokerage says increased demand for government debt may lead to stricter collateral requirements, shorter repayment periods and reduced lending flexibility for MSMEs. Despite private sector credit growth, EBC cautions that smaller businesses may…

Falling global coffee prices threaten Kenya’s export earnings, UN warns

Sacco ReviewJuly 27, 202606 mins

UNCTAD warns falling global coffee prices are hurting international trade and threatening Kenya’s coffee earnings. Lower prices could reduce incomes for farmers, cooperatives and exporters. Analysts urge greater coffee value addition to cushion the sector from price volatility. Kenya’s coffee sector could face renewed pressure after the United Nations (UN) warned that declining global coffee…

Gov’t payment delays push Kenyan SMEs to alternative financing

Sacco ReviewJuly 27, 202604 mins

Government pending bills rose to Ksh 465.87 billion by March 2026, worsening cash flow challenges for SMEs supplying public institutions. Delayed payments are forcing many SMEs to rely on trade finance and short term borrowing to meet payroll, pay suppliers and sustain operations. Kenya’s rising government pending bills are pushing small and medium-sized enterprises (SMEs)…

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SASRA spells out how Saccos should appoint, rotate external auditors

Sacco ReviewJuly 27, 2026July 27, 202605 mins

Sacco boards must nominate at least three eligible external auditors for members to vote on during the Annual General Meeting (AGM). The selected auditor’s appointment must be submitted to SASRA within 30 days, together with certified AGM minutes. External auditors should rotate after three years unless SASRA grants a waiver, while any midterm removal requires…

Court dismisses appeal over missing Ksh7 million in Murang’a farmers Co-op case

Sacco ReviewJuly 27, 2026July 27, 202606 mins

High Court dismissed an appeal by three former Murang’a Farmers Cooperative Union officials over a Ksh7 million dispute. The court upheld the magistrate’s finding that the appellants failed to comply with court conditions. The case stems from the alleged unauthorised handling of Ksh7 million from the sale of company land. The High Court has dismissed…

Business stakeholders call for political tolerance ahead of 2027 elections

Sacco ReviewJuly 27, 202608 mins

Business leaders warn political tensions are hurting investor confidence. They urged peaceful politics to protect businesses and jobs. Stakeholders also called for tax relief to spur business growth. Stakeholders in the business sector have sounded alarm over confrontational politics being witnessed across the country, saying the country’s economic stability is at peril ahead of next…

Kisumu County reaffirms commitment to climate resilient agriculture at ASK Show

Sacco ReviewJuly 25, 2026July 25, 202609 mins

ASK leadership praised the organisation and strong exhibitor turnout at the Kisumu National Show. Kisumu County reaffirmed its commitment to climate smart, commercial agriculture and food security. Deputy Governor Mathew Owili urged youth to embrace agribusiness and climate resilient farming. The top leadership of the Agricultural Society of Kenya (ASK) has praised the high level…