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

Co-operatives and MSMEs Ministry Tops Public Service Performance Awards

Sacco ReviewJune 20, 2026June 20, 202603 mins

The Ministry of Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development has been ranked first in the Ministerial Best Improved Performance Category for the 2024/25 financial year, earning national recognition during the Public Service Performance Awards ceremony officiated by President William Ruto on 19 th June, 2026. The ministry received a Certificate of Excellence…

ADC opposes subdivision of 250,000 acres in Tana River, citing food security and ongoing probes

Sacco ReviewJune 20, 202604 mins

The Agricultural Development Corporation (ADC) has rejected proposals to subdivide and allocate 250,000 acres of public land under its management in Garsen Constituency, Tana River County, warning that the move would undermine national food production and contravene constitutional safeguards. Appearing before the National Assembly’s Departmental Committee on Lands at Bunge Tower, Agriculture Principal Secretary Dr….

Gov’t Launches KSh1.47 trillion AgriConnect Plan to modernise farming and create jobs

Sacco ReviewJune 19, 202604 mins

The government has unveiled an ambitious KSh1.47 trillion programme aimed at transforming agriculture into a modern, technology‑driven sector that generates jobs, boosts exports, and strengthens food security. Speaking in Nairobi, Agriculture Cabinet Secretary Mutahi Kagwe introduced the Kenya AgriConnect Compact (2025–2030), a five‑year initiative developed in partnership with the World Bank. The programme seeks to…

Prolonged drought sparks fears of maize losses in North Rift Region

Sacco ReviewJune 19, 202604 mins

Maize farmers in the North Rift Region are raising alarm over possible massive losses in this year’s harvest following a prolonged dry spell that has left crops withering in the fields. The situation has been worsened by the late disbursement of fertilizers, which affected crops during critical growth stages. Farmers say the four‑week drought has…

Kenya’s investment climate strengthened through IFC collaboration and transformational agenda 2026-2028

Sacco ReviewJune 19, 202608 mins

Kenya has intensified its drive to position itself as a premier investment destination in Africa following a high-level Donor, Development Partner, and Private Sector Roundtable convened by Invest Kenya in collaboration with the International Finance Corporation. The forum brought together development partners, private sector leaders, and investment stakeholders to explore strategic collaboration opportunities aimed at…

SACCO assets surpass Ksh1.2 trillion in first quarter of 2026

Sacco ReviewJune 18, 2026June 18, 202603 mins

SACCO assets exceeded Ksh1.2 trillion following a 12.28 per cent year-on-year increase. Gross loans reached Ksh951 billion, underscoring growing member borrowing and SACCO confidence Land and housing attracted the highest SACCO lending, followed by education and agriculture. By Mercy Kokwon Regulated Savings and Credit Cooperative Societies (SACCOs) recorded strong growth in the first quarter of…

Mwalimu National Sacco, NCBA roll out Salo Xpress to cut payroll delays

Sacco ReviewJune 17, 202604 mins

Mwalimu National DT Sacco has partnered with NCBA Bank Kenya to unveil a digital payroll solution that promises to slash salary processing times from hours or even days to mere minutes. The platform, branded Salo Xpress, was launched on Wednesday at Mwalimu Towers in Nairobi as part of the Sacco’s wider digital transformation agenda aimed…

County Assembly motion fails as Machakos proceeds with land rate collection under approved valuation roll

Sacco ReviewJune 17, 2026June 17, 202603 mins

The County Government of Machakos will continue collecting land rates under the existing law, despite a motion by the County Assembly seeking to suspend the process. Lands Executive Committee Member Nathaniel Nganga said the Assembly had already approved the valuation roll — the legal basis for the new rates — and cannot reverse the process…

KNBS urges Saccos, financial institutions to launch affordable investment products

Sacco ReviewJune 17, 202604 mins

A report by the Kenya National Bureau of Statistics (KNBS) has urged Savings and Credit Cooperative Societies (SACCOs) to develop simple, reliable, and affordable investment products that can attract and channel remittances into productive investments. The report, titled 2025 Remittances Household Report, also urged financial institutions and county governments to develop simple, reliable and affordable…

Ollin Sacco marks 50 years, shifts focus to young members

Sacco ReviewJune 16, 202603 mins

By Jane Mugambi Ollin Sacco marked its 50th anniversary on Saturday, June 13, 2026, unveiling an expanded growth strategy targeting young members and other professionals as it seeks to deepen financial inclusion and scale its asset base. The Sacco, which began in 1976 as a small teachers’ savings initiative in Kerugoya with just five members,…