Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
High Court ruled EACC cannot investigate KTDA’s private tea factory loan deals. Judge found the loans involved no public funds, public officers or bribery. Court said such cases fall under the DCI, not EACC. A High Court judge has stopped EACC from digging into loan arrangements at two tea factories run by the Kenya Tea…
Kenya National Police DT Sacco’s Simon Tanui has earned the global I-CUDE credential, joining just 15 professionals recognised in 2026. The award was presented during the 2026 World Credit Union Conference in Sydney. The recognition highlights Kenya’s growing influence in the global Sacco movement. Simon Kiprotich Tanui, General Manager of Operations and Strategy at Kenya…
EACC has sued to recover 7.6 acres of Kenya Prisons land in Kisumu allegedly acquired illegally by private developers. The disputed land is valued at Ksh790 million excluding developments and Ksh4.3 billion including developments. The Commission seeks cancellation of 92 land titles and restoration of the land to the Kenya Prisons Service. Hundreds of private…
KUSCCO and KRA will hold the second National Taxation Dialogue for Saccos on 30 and 31 July in Nairobi. The forum will address Sacco taxation, compliance and policy reforms. The dialogue aims to promote a fairer and more predictable tax framework for Saccos. The Kenya Union of Savings and Credit Co-operatives Ltd (KUSCCO) will convene…
KJET has opened applications for MSME clusters under cohorts 3 and 4, with submissions closing on 21 August 2026. Eligible cooperatives, associations and cluster based entities in 10 priority value chains will receive business development support, with some qualifying for co investment funding. The World Bank funded programme aims to boost MSME productivity, private sector…
Saccos disbursed Ksh33.7 billion for land and housing, an 18% increase from Q1 2025. Total Sacco lending rose to Ksh115.7 billion, with education and agriculture among the top sectors financed. Sacco assets grew to Ksh1.21 trillion, while member deposits reached Ksh870 billion in Q1 2026 A large portion of credit disbursed by Savings and Credit…
KEPSA will host its third SME Conference, Awards and Exhibition on July 23 to 24 in Nairobi. The event will address SME financing, governance, market access and business competitiveness. KEPSA says SMEs employ 15 million people and contribute 40 per cent of Kenya’s Gross Domestic Product (GDP). The Kenya Private Sector Alliance (KEPSA) is set…
MSEA and partners are training women and youth traders on AfCFTA opportunities during a two day programme running on July 20 and 21. The training focuses on market access, digital trade, finance and the AfCFTA Protocol on Women and Youth in Trade to help traders expand across Africa. An exhibition is showcasing products by Kenyan…
SASRA showcased Kenya’s cyber resilience strategy for SACCOs at the 2026 ICURN Annual Conference in Mumbai. CEO David Sandagi outlined the regulator’s response to cyber threats, digital risks and incident preparedness. The SACCO Societies Regulatory Authority (SASRA) has detailed its supervisory response to a live cyber crisis, in a presentation by its Chief Executive Officer(CEO),…
SASRA says secondary Saccos will not offer retail services. Bill seeks to protect member savings through a Deposit Guarantee Fund. Reforms also strengthen liquidity management and interbank access The Sacco Societies Regulatory Authority (SASRA) has pushed back against widespread misinformation surrounding the proposed Sacco Societies (Amendment) Bill, 2025, clarifying that the bill will not allow…
