Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Union challenges Faith Bett Boinett’s appointment as KPC board chair in court. Seeks to stop key board decisions, including hiring a managing director. Wants all KPC Board resolutions since April 22, 2026, declared invalid. The Kenya Petroleum Oil Workers Union has moved to the High Court seeking to overturn the appointment of Faith Bett Boinett…
CBK raises Ksh30.62 billion in oversubscribed Treasury bills auction 91 day Treasury bill records strongest investor demand Government secures Ksh11.52 billion in net new borrowing The Central Bank of Kenya (CBK) raised Ksh 30.62 billion in a Treasury bills auction that attracted strong demand from investors, even as appetite varied across the three tenors on…
CEO urges Kenyans to safeguard savings and use fuel prudently amid Gulf crisis. Rising fuel prices are shrinking household savings, business profits and borrowers’ creditworthiness. Financial institutions say they can only advise members as they await government intervention. Kenyans have been urged to utilize their savings and fuel reserves prudently to navigate the economic hardships…
Hazina Sacco has assured members their deposits remain safe and are protected under the Sacco Societies Act and SASRA regulations. The Sacco dismissed rumours that members’ savings would be used to finance the National Infrastructure Fund, urging members to remain calm. The National Treasury and State Department for Cooperatives have also denied the claims, saying…
High Court stops AGOL from expanding into protected Kilindini Bay mangrove forest. Existing AGOL operations may continue, but no new major construction is allowed. Case challenging the legality of the forest land allocation set for priority hearing. The High Court in Mombasa has ordered a halt to any further expansion or new construction by African…
eCitizen payments suspended from 7 PM to midnight on July 18. Maintenance aims to improve the payment system. Users should complete payments before 7 PM or after midnight. The Directorate of eCitizen Services has notified the public that all payment services on the eCitizen platform will be temporarily suspended for system maintenance on Saturday, July…
Registration for the 2026 SACCA Congress in Dar es Salaam is now open, with early bird rates available until August 17, 2026. Kenya is expected to send one of the largest delegations, backed by its strong ties with ACCOSCA and growing role in Africa’s cooperative movement. Registration has opened for the 26th Savings and Credit…
NSE congratulates Carole Kariuki on joining the Equity Bank Kenya Board. Kariuki has led KEPSA since 2010. NSE says her leadership will strengthen Equity Bank. The Board of the Nairobi Securities Exchange (NSE) PLC has congratulated Carole Kariuki following her appointment as an independent non-executive director to the Equity Bank Kenya Board. The NSE described…
Boresha Sacco appoints Philemon Chebii acting CEO as Jacob Mengich retires. Chebii, a over 20-year Boresha Sacco veteran, takes over as acting CEO. Board names Philemon Chebii acting CEO pending substantive appointment Boresha Sacco has appointed Philemon Chebii as the Acting Chief Executive Officer (CEO) following the retirement of Jacob Mengich who has been holding…
Kisumu National Show will host a record 200 exhibitors from 22 to 26 July. The rebranded event will showcase climate smart agriculture, innovation and trade. Organisers have assured security and a wide range of exhibitions and arena events. Preparations for this year’s Kisumu National Show are now complete, with officials reporting that the event will…
