News - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

CS Oparanya reaffirms Cooperatives as drivers of shared prosperity, poverty reduction

Sacco ReviewJuly 4, 202603 mins

Cabinet Secretary (CS) for Cooperatives and MSMEs Development Dr. Wycliffe Oparanya has reaffirmed the government’s commitment to strengthening Kenya’s cooperative movement, as the country marked the 104th Ushirika Day celebrations at Uhuru Park, Nairobi County, under the global theme “Cooperatives for a Peaceful World.” Speaking at the event, Oparanya said the occasion reaffirmed the vital…

Kindiki roots for deeper Cooperative reforms as Kenya marks 104th Ushirika Day

Sacco ReviewJuly 4, 2026July 4, 202604 mins

Deputy President Kithure Kindiki has called for the deepening of ongoing reforms in Kenya’s cooperative movement, saying the changes are aimed at building institutions that are more transparent, better governed and technology-driven, as the country marked the 104th National Ushirika Day celebrations in Nairobi on Saturday. Speaking during the event, Kindiki said the sector remains…

Ushirika Day 2026: Growth and reforms in the Co-operative Sector

Sacco ReviewJuly 4, 202609 mins

The Sacco movement recorded strong growth in 2025, with regulated assets rising to KSh1.21 trillion, membership surpassing 7.8 million, and Kenya ranked ninth globally in Sacco membership, making it Africa’s leading cooperative economy. Gov’t reforms, including the Sacco Societies (Amendment) Bill 2025, propose a Central Liquidity Facility, deposit guarantee fund, stricter registration rules, and mandatory…

Stima Sacco unveils new credit policies to boost member financial flexibility

Sacco ReviewJuly 3, 2026July 3, 202604 mins

Stima Sacco has revised its credit policy to introduce a wider range of financing options tailored to members’ cash‑flow cycles. New repayment structures now align with key sectors: school loans can be repaid termly, crop loans match harvesting seasons, and construction loans include a six‑month grace period to ease repayment pressure. Stima Sacco has announced…

Gov’t bets on cooperatives to unlock agricultural financing, revive coffee sector

Sacco ReviewJuly 3, 2026July 3, 202605 mins

CS Oparanya has urged financial institutions to design products around the realities of farming, recognizing alternative forms of security while aligning repayment schedules with production cycles. The government has moved to place cooperative societies at the centre of its plan to widen smallholder farmers’ access to affordable credit and speed up the transformation of Kenya’s…

Members urged to safeguard cooperative movements by electing credible leaders

Sacco ReviewJuly 3, 202604 mins

Kenyans have been urged to safeguard the growth of cooperative movements by electing credible leaders capable of championing farmers’ welfare at both the national and local levels. The call was made by Gideon Kimathi, Head of Protocol in the Office of the Deputy President, during the Meru Ushirika Day celebrations held at Kaaga Methodist Church…

Property developers face years-long wait for approvals, KPDA handbook reveals

Sacco ReviewJuly 3, 202607 mins

According to KPDA, bureaucratic procedures, overlapping regulations and corruption are among the key challenges delaying projects and increasing construction costs. Nearly two in three property developers in Kenya have projects stuck in the approval process, with some waiting more than two years for permits, according to a newly launched industry handbook. The Kenya Property Developers…

Governor Mutuma urges security agencies to curb coffee theft in Meru factories

Sacco ReviewJuly 3, 202605 mins

Governor Mutuma has urged police to intensify investigations into rampant coffee theft in factories which has inflicted heavy losses on farmers and undermined the local economy Meru Governor Isaac Mutuma M’Ethingia has called on security agencies to intensify efforts to curb rampant coffee theft in factories across the county, saying the vice has inflicted heavy…

Nyeri cooperatives honoured for excellence and strong member returns at 2026 Ushirika Day

Sacco ReviewJuly 3, 202605 mins

Coffee societies, SACCOs, housing and dairy cooperatives were honoured for delivering strong member returns during the 104th International Day of Cooperatives, as Governor Mutahi Kahiga urged transparency, accountability, digital innovation and youth leadership to sustain the sector Cooperative societies in Nyeri County were honoured for delivering some of the highest returns to members during the…

CS Mbadi credits government reforms for reviving local sugar industry

Sacco ReviewJuly 3, 202603 mins

Treasury CS John Mbadi says government reforms have revived local sugar production, urging policies to lower consumer costs, protect farmers from cheap imports, and highlighting initiatives like the Hustler Fund and Nyota Programme to support small businesses. Treasury Cabinet Secretary (CS) John Mbadi has credited government reforms in the sugar industry with reviving local production,…