Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The agriculture sector recorded the highest proportion of investor exits across Africa in the first quarter of 2026 (Q1), underscoring shifting dynamics in private capital flows. According to the latest report by African market intelligence firm Stears, nearly 30 per cent of agriculture‑related transactions during the period involved investors pulling out. At the same time,…
The Commissioner for Cooperatives Development, David Obonyo, has sounded a stern warning to cooperatives and savings and credit societies (Saccos) that resort to borrowing money to declare dividends and rebates. Speaking during the launch of a four‑year strategic plan for Mhasibu Sacco, Obonyo said such practices amount to deception and will attract punishment under tightened…
The Kenya National Chamber of Commerce and Industry (KNCCI) has sounded the alarm over escalating fuel and logistics costs, warning that the burden is already weighing heavily on transport operators, small and medium-sized enterprises (SMEs), and export sectors. In a statement, the chamber noted that the latest surge in fuel-related expenses is driving up food…
Airport Sacco is grappling with a massive loan default amounting to KSh49.96 million, owed by former board members and employees, according to a Supervisory Committee report presented ahead of the institution’s Annual General Meeting. The report reveals that the former Chief Executive Officer alone owes KSh27 million, while the former chairman is indebted to the…
Women from Mjini informal settlement in Meru are set to acquire business equipment under the government’s Bottom-Up Economic Transformation Agenda after undergoing training on how to access enterprise funding through the Micro and Small Enterprises Authority (MSEA). The women, organised in more than 30 table-banking groups, said they are preparing to benefit from machines such…
Shirika DT Sacco Society Limited has continued to position itself as a key player in providing accessible and affordable credit, offering some of the most competitive loan products in the SACCO sector. The cooperative is recognized for its low interest rates, minimal processing fees, and flexible repayment periods, making it an attractive option for members…
Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya wants women to prioritise savings, financial literacy and smart investments in order to gain financial independence. According to the CS, fewer women join savings and credit cooperative societies (Saccos) in Kenya compared to men which is detrimental to the overall national economic development of the country. “Saccos…
Youth in Vihiga County are embracing fish value-addition initiatives aimed at boosting incomes and creating jobs in the agriculture sector. The shift from traditional fish farming to processing and marketing is enabling young people to produce higher-value products such as fillets, samosas, and smoked fish. The initiative is being implemented under the Aquaculture Business Development…
The Central Bank of Kenya (CBK) has announced the licensing of 32 new Digital Credit Providers (DCPs), bringing the total number of licensed providers to 227. This follows the licensing of 42 DCPs in December 2025, signaling a continued effort to regulate and monitor the digital lending space in Kenya. In a statement released on…
Walimu Solidarity Sacco can now allow teachers outside union leadership to join the Sacco, following approval of the long-awaited check-off system by the Teachers Service Commission (TSC). The system allows for direct salary deductions of member contributions, a major step forward since the Sacco previously only served union officials due to the absence of a…
