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Imarika DT Sacco headquarters in Kilifi County on

Imarika Sacco assets hit Ksh16.1 billion as performance surpasses targets

Sacco ReviewApril 8, 2026May 7, 202605 mins

Imarika Sacco, one of Kenya’s fastest-growing cooperatives, has once again recorded strong financial performance, posting total assets of Ksh16.1 billion in the year ended 31st December 2025. The Sacco also reported increased member deposits, which rose to Ksh10.5 billion against a target of Ksh10.6 billion falling short by Ksh100 million. In contrast, loans and advances…

NBA Board Chairman Hon. David Wamatsi in a group photo during a visit to Malaba and Busia border offices

New NBA offices in Moyale, Isebania to boost GMO monitoring drive

Sacco ReviewApril 8, 2026April 8, 202604 mins

The National Biosafety Authority (NBA) has expanded its operational footprint with the opening of new offices in Moyale and Isebania, in a strategic move aimed at strengthening surveillance and monitoring of Genetically Modified Organisms (GMOs) across the country. The operationalisation of the two offices is expected to enhance regulatory oversight, particularly at key entry points,…

Machogu urges youth to join SACCOs for financial security and national growth

Sacco ReviewApril 7, 202603 mins

Former Education Cabinet Secretary Ezekiel Machogu has called on school leavers and university graduates to embrace Savings and Credit Cooperative Organisations (SACCOs) as a pathway to financial stability and empowerment. Speaking during a youth empowerment forum hosted by the Kisii Youth Bunge Sacco, Machogu said young people must harness their education, creativity, and talents to…

Stima SACCO assets hit Ksh75.3 Billion, post Ksh10.8 Billion revenue

Sacco ReviewApril 7, 202609 mins

Kenya’s second largest Savings and Credit Co-operative (SACCO) and second-largest in Africa in asset base, Stima DT SACCO Society Limited, posted impressive financial results for the year ending December 31, 2025 after it recorded an increase in revenue by 4.9% from Ksh10.3 billion in 2024 to Ksh10.8 billion in 2025, even as its total assets…

KUSCCO pushes for tax relief on SACCO transactions in 2026/27 budget submissions

Sacco ReviewApril 6, 202604 mins

Members of Savings and Credit Cooperative Organisations (SACCOs) could soon enjoy significant tax relief if proposals presented to the National Treasury are adopted in the upcoming 2026/27 national budget. The Kenya Union of Savings and Credit Co-operatives (KUSCCO) has urged the Treasury to scrap excise duty on member-based transactions, arguing that the levy unfairly penalises…

Kisumu to host 2026 Africa Smart Cities and Townships Alliance (ASCA) summit in August

Sacco ReviewApril 1, 202606 mins

Kisumu will host the Africa Smart Cities and Townships Alliance (ASCA) Week in August 2026, an international summit expected to bring together leaders from Africa and Asia. The announcement comes after the lakeside City was selected to play the host, positioning it at the centre of a growing continental push to integrate healthcare, technology and…

KRA defends proposal to expand VAT coverage as beneficial to small businesses

Sacco ReviewMarch 29, 2026March 29, 202606 mins

The Kenya Revenue Authority (KRA) has defended its proposal to expand value-added tax (VAT) coverage, insisting that the reform will not harm small businesses but instead ease the burden on a few compliant firms while boosting domestic revenue. The plan, which seeks to raise VAT’s contribution to gross domestic product (GDP) by two percentage points,…

IG SACCO takes members education programme online in final session

Sacco ReviewMarch 25, 202604 mins

Invest and Grow (IG) SACCO in Kakamega County will hold its final members’ education program virtually this Saturday, in a move aimed at widening access and boosting participation among its members. In a notice to members, the Sacco said the session will take place on March 28, 2026, starting at 10 a.m., and will be…

Stakeholders okay KEWASCO to raise tariffs to finance its operations

Sacco ReviewMarch 25, 2026March 25, 202605 mins

The Kericho Water and sanitation Company (KEWASCO) limited has been given the greenlight by its stakeholders to raise tariffs to enable it finance its operations. During a stakeholder engagement held at its water treatment plant at Toror, the leadership led by its Chairman Sirkelly Cheruiyot and the Chief Executive Officer Reuben Korir, said the water…

Molo Sub County Cooperative Officer Haron Muraya (centre)

Cooperatives supervisory committee and board of directors urged to work together to support members’ growth

Sacco ReviewMarch 24, 202605 mins

The Cooperative Movement Supervisory Committee and Board of Directors have been urged to work closely to ensure they improve the status of their cooperative movement for the benefit of members and delegates. This was said by Molo Sub County Cooperative Officer Harun Muraya, who said that both supervisory committee and board of directors should perform…