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

Nyong’o advocates for year-round agricultural show to boost innovation

Sacco ReviewJuly 14, 202605 mins

Governor Nyong’o wants the ASK Kisumu Show to become a year round event to boost agricultural innovation. The show has been elevated to national status and will run from July 22 to 26. This year’s exhibition will focus on climate smart agriculture and sustainable economic growth. Kisumu Governor Peter Anyang’ Nyong’o has called for the…

Turkana County strengthens ties with development partners through new MoU

Sacco ReviewJuly 13, 202605 mins

Turkana County signed an MoU with TDT and Cavalry Development Organization to better coordinate development projects. Deputy Governor Dr. John Erus said the partnership will align donor programs with county priorities and reduce duplication. The two organizations said the MoU strengthens their role in supporting development across key sectors. County Government of Turkana has strengthened…

Mining licence delays cost Kenya billions as investors pull back

Sacco ReviewJuly 13, 202609 mins

Licence delays are stalling mining projects and costing Kenya billions in potential investment. Industry leaders warn regulatory bottlenecks are driving investors to competing markets. MESK is urging faster, more transparent licence approvals to unlock the sector’s growth. Kenya’s ambition to transform its mining industry into one of the country’s leading economic pillars is increasingly coming…

Machakos County government hands over Sh12.5 million to fire victims as market rebuild begins

Sacco ReviewJuly 11, 2026July 11, 202603 mins

Machakos County gave Ksh12.5 million to over 250 traders affected by the Mitumba Market fire, with each receiving Ksh50,000 to restart their businesses. Reconstruction of the market has begun, with the county promising modern stalls and a space for every affected trader. More than 250 traders left counting losses after a fierce fire razed the…

National Assembly dismisses misinformation on Sacco Amendment Bill, says legislation still open for public input

Sacco ReviewJuly 11, 202606 mins

The National Assembly has dismissed what it called widespread misinformation surrounding the proposed Sacco Societies (Amendment) Bill, 2025, saying claims that the legislation would create a government controlled “super Sacco” or hand the President power over Sacco leadership are false. In a public statement, the Assembly said the Bill, which seeks to amend the Sacco…

Massive turnout in West Pokot as CS Oparanya launches NYOTA fund drive

Sacco ReviewJuly 11, 202604 mins

As early as 7:00 a.m. the road leading to the famous West Pokot County Showground in Kapenguria was busy as youth streamed to the venue of the NYOTA Fund Disbursement. By 11:00 a.m. the showground was full to capacity as Cabinet Secretary (CS) for Cooperatives and Micro, Small and Medium Enterprises (MSMEs) Development Wycliffe Oparanya…

Kenyans receiving services at the Kenya Revenue Authority headquarters. PHOTO/KRA

KRA falls short of 2025/2026 revenue target despite double-digit growth

Sacco ReviewJuly 10, 202605 mins

The Kenya Revenue Authority (KRA) missed its revenue collection target for the 2025/2026 financial year, falling short by KSh 124 billion. The taxman collected KSh 2.844 trillion against a target of KSh 2.968 trillion, a deficit of 4.2 percent. Despite the miss, the performance marks a 10.6 percent improvement over the 2024/2025 financial year, when…

CAK reassures public over false infrastructure funding reports

Sacco ReviewJuly 10, 202604 mins

CAK dismisses claims that the government plans to use Sacco savings to fund infrastructure projects. Cooperative apex body says the proposed Sacco law contains no provisions allowing members’ funds to be diverted to the National Infrastructure Fund. The Cooperative Alliance of Kenya (CAK) has refuted claims that the government plans to raid Sacco funds to…

President Ruto announces 60,000 jobs as Lamu oil refinery project takes off

Sacco ReviewJuly 10, 2026July 11, 202605 mins

Ruto confirms Lamu oil refinery project expected to create about 60,000 youth jobs. Government to use Ksh350 billion National Infrastructure Fund to finance major infrastructure projects. President William Ruto has announced thousands of new job opportunities for young Kenyans following the confirmation that a monumental oil refinery will be constructed in Lamu. Speaking on Friday,…

Key sectors push revenue to Sh2.8 trillion as KRA records strongest growth in recent years

Sacco ReviewJuly 10, 2026July 11, 2026016 mins

KRA posts strong revenue growth: The Kenya Revenue Authority collected KSh2.844 trillion in FY 2025/2026, a 10.6 percent increase from the previous year, with manufacturing, energy, finance, ICT, and wholesale and retail sectors driving 62 percent of total revenue. Customs exceed target: Customs revenue grew 12.4 percent to KSh988.8 billion, surpassing its target, while exchequer…