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

Kericho farmers abandon maize, embrace coffee cultivation as profits decline

Sacco ReviewMay 26, 202604 mins

Kericho County is rapidly establishing itself as a key coffee-producing hub, driven by hundreds of farmers in Kipkelion East’s Masambworik area who are turning to coffee cultivation. The shift comes as many farmers abandon maize farming and other traditional cash crops. Over the years, these crops have seen declining returns driven by rising production costs,…

Kenya turns to ethanol and green energy as sugar sector reforms gain momentum

Sacco ReviewMay 26, 202605 mins

Kenya is charting a new course for its sugar industry, shifting beyond raw sugar production to ethanol, renewable energy, and bio‑based products in a bid to cut fuel costs, create rural jobs, and restore confidence among farmers and investors. Deputy President Kithure Kindiki said the government has undertaken sweeping reforms since 2022 to revive a…

Metropolitan Sacco officials charged over alleged ksh14.4 billion fraud

Sacco ReviewMay 26, 2026May 26, 202603 mins

Nineteen current and former officials of Metropolitan National Sacco have been charged in court over an alleged KSh14.4 billion fraud scheme and a series of violations of Kenya’s Sacco regulations linked to the management of the institution between 2012 and 2021. According to court documents presented by the prosecution, the accused persons face a principal…

Finance Bill 2026: M-Pesa not targeted in proposed digital tax measures

Sacco ReviewMay 26, 202604 mins

Treasury Cabinet Secretary John Mbadi has moved to calm public fears over the Finance Bill 2026, insisting that Safaricom’s M-Pesa platform will not be affected by proposed tax changes on digital money transfer services. Speaking at a press conference on Monday, May 25, 2026, Mbadi said the government’s focus is on ICT-driven digital intermediaries rather…

Fortune Sacco rolls out member engagement drive at Nairobi branch

Sacco ReviewMay 26, 202603 mins

Fortune DT Sacco has launched an on‑ground member engagement and business activation campaign at its Nairobi Branch, targeting small and medium‑sized enterprises (SMEs) and existing members with tailored financial solutions. The initiative focuses on strengthening relationships through financial awareness sessions, deposit mobilisation, merchant account activation, and new member onboarding. Officials said the campaign is designed…

Kenya-Germany pact to unlock financing for youth and women-led enterprises

Sacco ReviewMay 26, 202603 mins

The Ministry of Co-operatives and MSME Development has signed a Memorandum of Understanding (MoU) with the German Cooperative and Raiffeisen Confederation (DGRV) that would open new financing opportunities for entrepreneurship, investment, and financial empowerment among young people and women-led enterprises. The deal, signed by Principal Secretary for Cooperatives Patrick Kilemi, aims to bridge the persistent…

Over 600 Muhoroni farmers to benefit from solar-powered milk coolers

Sacco ReviewMay 25, 202605 mins

More than 600 smallholder dairy farmers in Muhoroni Constituency are set to benefit from the installation of two solar‑powered milk coolers, part of a government programme designed to cut post‑harvest losses and expand market access in Kisumu County. The coolers, each with a capacity of 1,000 litres, were handed over through a partnership between the…

Governor Mutuma terms speeding in miraa transport ‘foolishness’, calls for reforms

Sacco ReviewMay 25, 2026May 25, 202604 mins

Meru Governor Isaac Mutuma has condemned the long‑standing culture of speeding among miraa transporters, describing it as “foolishness” that must be abandoned in favour of safer and more sustainable practices. Speaking during the inauguration of the Miraa Promotion Committee at the county headquarters, Mutuma said the reckless driving associated with miraa deliveries exposes both drivers…

Kenya Sugar Board opens grower registration for June 25 elections

Sacco ReviewMay 25, 202603 mins

The Kenya Sugar Board (KSB) has kicked off a grower registration exercise that will run from today, May 25, to June 1, 2026, paving the way for Grower Representative Elections scheduled for June 25, 2026. The elections, anchored in the Sugar Act No. 11 of 2024, will allow sugarcane growers across Kenya’s sugar catchment areas…

Kakamega Governor backs Likuyani ATM Sacco animal feeds processing plant

Sacco ReviewMay 25, 202603 mins

Kakamega Governor Fernandes Barasa has thrown his weight behind the Likuyani Afya, Taaluma na Maendeleo (ATM) Sacco’s bid to establish an animal feeds processing plant, pledging the county government’s full support for the initiative at a fundraising event held at Ivugwi Secondary School in Likuyani Ward. The project, which seeks to strengthen the agricultural value…