Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Kindiki has sounded an early warning over El Nino rains expected from October through January. Government agencies and counties are being mobilised to tackle flooding, landslides, road damage and other risks. Early preparations could help protect schools, farmers, communities and public resources from weather related disruptions. Deputy President Prof. Kithure Kindiki has issued an early…
Traders plan nationwide shutdown over rising business costs Higher customs values spark fresh concerns among importers SMEs demand predictable taxes and fairer business conditions Kenya’s small traders are stepping up their fight against rising taxes and import costs, with traders planning a nationwide business shutdown and demonstrations on August 28 under the banner “Businesses Under…
Kenya prepares for heavy OND rains affecting up to 1.5 million people Government plans evacuation centres, supplies and rescue operations Counties at risk of floods and landslides placed under close watch Kenya has intensified preparations for potentially heavy October, November and December (OND) rains, with authorities warning that up to 1.5 million people could be…
Ruto orders new government payment system by November Payroll reforms target irregular payments and weak controls Government plans tighter payroll verification and cybersecurity President William Ruto has directed the government to establish and roll out a new government payment system by November 2026. The directive signals a major overhaul of how public funds, salaries and…
KUSCCO set for rebranding as KEFESCO under restructuring plan Government moves to address union’s financial crisis Shareholders to discuss KUSCCO’s future on August 28 The Government is planning to rename the Kenya Union of Savings and Credit Cooperatives (KUSCCO) to the Kenya Federation of Savings and Credit Cooperatives (KEFESCO) as part of efforts to restructure…
Mt Kenya tea farmers continue plucking despite planned strike Farmers demand clarity on factory loans and sector finances KTDA says factories reported normal tea harvesting operations Tea farmers in the Mt Kenya region proceeded with plucking their green leaf, ignoring the planned countrywide presentation of a petition castigating unexplained loans. The farmers said the matter…
Digital lenders are becoming a bigger part of how Kenyan farmers meet urgent farm costs. Farmers continue to borrow heavily for inputs and labour as production expenses remain high. The shifting credit patterns highlight the growing need for affordable and sustainable agricultural financing. Digital lenders are increasingly becoming an important source of financing for Kenyan…
Kenyan CEOs want the government to cut business costs, make credit cheaper and clear pending bills owed to firms. High operating expenses, weak purchasing power and policy uncertainty remain major concerns for businesses. Despite the challenges, firms see technology adoption, stronger demand and market expansion as key growth opportunities. Kenya’s private-sector leaders have intensified calls…
Metropolitan Sacco faces possible winding up after a fresh inquiry found continued financial distress. Authorities are weighing three options as members seek access to their savings. Nearly all of the Sacco’s loan book was reportedly in default, deepening concerns over its survival. The government is considering winding up Metropolitan Sacco after a fresh inquiry found…
A fresh dispute is brewing in Kenya’s tea sector, with allegations of a campaign to destabilise KTDA. A leaked audit on factory loans has intensified tensions as farmers weigh calls for action. The controversy comes as tea growers push for better returns and question proposed changes in the sector. Interested parties are allegedly bankrolling a…
