Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Pest control industry says pesticide residue report lacks scientific context on food safety. Agrochemicals Association of Kenya argues detectable residues do not automatically mean vegetables are unsafe if they remain within Maximum Residue Limits. Industry urges reliance on Codex standards, responsible pesticide use and accurate public communication to avoid unnecessary alarm and protect Kenya’s agricultural…
EBC warns Kenya’s Ksh 995.7 billion domestic borrowing plan could push banks towards government securities, tightening credit terms for small businesses. The brokerage says increased demand for government debt may lead to stricter collateral requirements, shorter repayment periods and reduced lending flexibility for MSMEs. Despite private sector credit growth, EBC cautions that smaller businesses may…
UNCTAD warns falling global coffee prices are hurting international trade and threatening Kenya’s coffee earnings. Lower prices could reduce incomes for farmers, cooperatives and exporters. Analysts urge greater coffee value addition to cushion the sector from price volatility. Kenya’s coffee sector could face renewed pressure after the United Nations (UN) warned that declining global coffee…
Government pending bills rose to Ksh 465.87 billion by March 2026, worsening cash flow challenges for SMEs supplying public institutions. Delayed payments are forcing many SMEs to rely on trade finance and short term borrowing to meet payroll, pay suppliers and sustain operations. Kenya’s rising government pending bills are pushing small and medium-sized enterprises (SMEs)…
Sacco boards must nominate at least three eligible external auditors for members to vote on during the Annual General Meeting (AGM). The selected auditor’s appointment must be submitted to SASRA within 30 days, together with certified AGM minutes. External auditors should rotate after three years unless SASRA grants a waiver, while any midterm removal requires…
High Court dismissed an appeal by three former Murang’a Farmers Cooperative Union officials over a Ksh7 million dispute. The court upheld the magistrate’s finding that the appellants failed to comply with court conditions. The case stems from the alleged unauthorised handling of Ksh7 million from the sale of company land. The High Court has dismissed…
Business leaders warn political tensions are hurting investor confidence. They urged peaceful politics to protect businesses and jobs. Stakeholders also called for tax relief to spur business growth. Stakeholders in the business sector have sounded alarm over confrontational politics being witnessed across the country, saying the country’s economic stability is at peril ahead of next…
ASK leadership praised the organisation and strong exhibitor turnout at the Kisumu National Show. Kisumu County reaffirmed its commitment to climate smart, commercial agriculture and food security. Deputy Governor Mathew Owili urged youth to embrace agribusiness and climate resilient farming. The top leadership of the Agricultural Society of Kenya (ASK) has praised the high level…
NAKKONS Sacco unveiled seven new zero mileage vehicles to modernise its fleet. New vehicles are expected to cut maintenance costs and improve members’ earnings. Equity Bank financed the fleet expansion to strengthen transport operations and savings discipline. NAKKONS Sacco has flagged off seven brand-new, zero-mileage vehicles in Othaya, Nyeri County, marking a major step in…
Kagwe defended the Tea Levy, saying it funds tea marketing, research and value addition, not farmers. Tea uptake has risen to 93 per cent, which he said disproves claims the levy has hurt sales. Gov’t handed over a Ksh360 million Sencha tea factory to Kangaita Tea Factory to boost value addition and farmer incomes. Agriculture…
