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

Kisii Youth Bunge Sacco Chairman Dr. Asha Moronya.

Kisii Sacco chair urges youth to embrace farming as profitable business

Sacco ReviewMay 14, 202603 mins

Kisii Youth Bunge Sacco chairman Dr. Asha Moronya has urged young people in the county to venture into agriculture, describing it as one of the most profitable opportunities currently available. Speaking to Sacco members, Dr. Moronya challenged the perception that farming is outdated, saying agriculture should instead be viewed as a viable business venture. He noted…

Kenya Highlands Sacco announces internship opportunity for young graduates

Sacco ReviewMay 14, 202603 mins

Kenya Highlands Sacco Society Limited has announced an internship opportunity as part of its mission to improve the quality of life of its members through the provision of quality products and services. The Sacco is seeking to recruit a qualified intern to support its operations and growth agenda. Interested applicants must be between 25 and…

Kagwe defends 0.8 % tea export levy, says measure will protect farmers and expand markets

Sacco ReviewMay 14, 202606 mins

Agriculture Cabinet Secretary Mutahi Kagwe has warned against attempts to roll back the newly introduced 0.8 per cent tea export levy, insisting the charge is vital to finance marketing, research, and value‑addition programmes aimed at revitalising Kenya’s tea industry. Appearing before the National Assembly Departmental Committee on Agriculture and Livestock, Kagwe defended the Tea Levy…

Government push to revive cotton industry, aims at job creation and local fashion growth

Sacco ReviewMay 13, 2026May 13, 202604 mins

The Agriculture and Food Authority (AFA) has identified the cotton value chain as a critical engine for job growth, particularly for the youth, and is urging Kenyans to embrace locally produced fabrics over imports. Speaking during a stakeholders’ meeting in Lamu, AFA Chairman Cornelly Serem challenged citizens to rethink their consumption habits. “When you are…

2NK Sacco allocates Ksh80 million for new headquarters in Nyeri

Sacco ReviewMay 12, 2026May 13, 202602 mins

2NK Sacco has unveiled plans to acquire its own building in Nyeri at a cost of KSh 80 million, a move aimed at cutting operational expenses and consolidating its services under one roof. The investment follows a resolution passed during the 2025 Annual General Meeting (AGM) Chairman Ephraim Karimi confirmed that the Sacco has already…

Bestrock Sacco strengthens governance with delegate induction drive

Sacco ReviewMay 12, 2026May 14, 202604 mins

Bestrock Savings and Credit Cooperative Society Limited is strengthening its governance, empowering its leadership, and positioning itself for sustained growth through an intensive delegate induction programme held in Kitui. The Sacco brought together 150 delegates for a comprehensive training at the Kitui Multipurpose Development Training Institute, underscoring its commitment to transparency, accountability, and member-driven leadership….

TNT Sacco sets KSh4.5 billion asset target in new growth plan

Sacco ReviewMay 12, 2026May 14, 202604 mins

Trans‑National Times (TNT) Sacco delegates have endorsed a three‑year strategic plan aimed at expanding the cooperative’s asset base to KSh 4.5 billion. The plan, adopted during the annual delegates’ meeting, is designed to strengthen financial stability while enhancing service delivery to members. Speaking at the launch, Sacco Chairman Dr Evans Sichangi said the blueprint goes…

Kenyan Purple Tea secures direct entry into premium French markets through landmark pact

Sacco ReviewMay 11, 202605 mins

Kenyan tea farmers are set to access high‑value international buyers following the signing of a landmark export and promotional agreement between French tea company Palais des Thés, Gatanga Industries Limited, and Equity Group Holdings Plc. The deal was signed in Nairobi on the sidelines of the Africa Forward: Africa–France Partnerships for Innovation and Growth Summit,…

Imarisha Sacco sets stage for delegate elections as nomination process begins

Sacco ReviewMay 10, 202604 mins

The members of Imarisha Sacco Society Limited have been officially notified of upcoming elections for delegates, in a process aimed at strengthening representation and enhancing governance within the cooperative society. In a notice issued to all members and delegates, the Sacco confirmed that the election exercise will be conducted soon, with the specific dates and…

SASRA flags rising asset concentration as large SACCOs dominate industry

Sacco ReviewMay 10, 2026May 10, 202605 mins

The SACCO Societies Regulatory Authority (SASRA) has raised concern over the ever‑increasing concentration of assets within Kenya’s regulated SACCO industry, warning that a small cluster of large institutions continues to dominate the sector. According to SASRA, by 2024, a total of 60 large‑tiered regulated SACCOs controlled 77.07 per cent of the industry’s total assets, amounting…