Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
2NK Sacco has unveiled plans to acquire its own building in Nyeri at a cost of KSh 80 million, a move aimed at cutting operational expenses and consolidating its services under one roof. The investment follows a resolution passed during the 2025 Annual General Meeting (AGM) Chairman Ephraim Karimi confirmed that the Sacco has already…
Bestrock Savings and Credit Cooperative Society Limited is strengthening its governance, empowering its leadership, and positioning itself for sustained growth through an intensive delegate induction programme held in Kitui. The Sacco brought together 150 delegates for a comprehensive training at the Kitui Multipurpose Development Training Institute, underscoring its commitment to transparency, accountability, and member-driven leadership….
Trans‑National Times (TNT) Sacco delegates have endorsed a three‑year strategic plan aimed at expanding the cooperative’s asset base to KSh 4.5 billion. The plan, adopted during the annual delegates’ meeting, is designed to strengthen financial stability while enhancing service delivery to members. Speaking at the launch, Sacco Chairman Dr Evans Sichangi said the blueprint goes…
Kenyan tea farmers are set to access high‑value international buyers following the signing of a landmark export and promotional agreement between French tea company Palais des Thés, Gatanga Industries Limited, and Equity Group Holdings Plc. The deal was signed in Nairobi on the sidelines of the Africa Forward: Africa–France Partnerships for Innovation and Growth Summit,…
The members of Imarisha Sacco Society Limited have been officially notified of upcoming elections for delegates, in a process aimed at strengthening representation and enhancing governance within the cooperative society. In a notice issued to all members and delegates, the Sacco confirmed that the election exercise will be conducted soon, with the specific dates and…
The SACCO Societies Regulatory Authority (SASRA) has raised concern over the ever‑increasing concentration of assets within Kenya’s regulated SACCO industry, warning that a small cluster of large institutions continues to dominate the sector. According to SASRA, by 2024, a total of 60 large‑tiered regulated SACCOs controlled 77.07 per cent of the industry’s total assets, amounting…
Nearly $5 billion in annual remittances from Kenyans abroad is being redirected to support climate solutions through a new program that channels diaspora savings into renewable energy, water access, climate‑smart agriculture, and green housing projects. According to the World Council of Credit Unions (WOCCU), the initiative creates a direct pathway for diaspora funds to finance…
Scientist and Environmentalist, PM Mokaya has petitioned the African Union to ban the use of toxic chemicals in agriculture, arguing that profit-driven farming is endangering human health, soil fertility, and the continent’s food security. Mokaya cited highly hazardous pesticides, or HHPs, that are still used across Africa despite being banned or restricted in the EU…
The Federation of Kenya Employers (FKE) has raised alarm over the escalating cost of doing business in Kenya, warning that the trend is undermining competitiveness, discouraging investment, and threatening job creation in the private sector. In a statement, FKE said enterprises across multiple industries are struggling under increased statutory obligations, regulatory burdens, and rising operational…
North Imenti Member of Parliament (MP) Rahim Dawood has called on the Kenya Revenue Authority (KRA) to review and reduce taxes, citing the tough economic conditions facing Kenyans and businesses. Speaking in Meru town during a KRA citizens’ engagement forum, Dawood said the high cost of living, compounded by multiple government levies, has made it…
