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

Flower exporters move to court over Nakuru export levy

Sacco ReviewJune 15, 2026June 15, 202605 mins

Kenya Flower Council opposed Nakuru County’s Ksh400-per-tonne cess on exported flowers, calling it illegal and unconstitutional. Flower exporters moved to court, arguing a 2018 High Court ruling had already barred the county from collecting the levy. Exporters warned that delays at roadblocks risk damaging flower quality and disrupting international markets. Nakuru County officials defended the…

Shirikiana Sacco Launch set to drive grassroots Wealth Generation in Western Kenya

Sacco ReviewJune 14, 202608 mins

Savings and Credit Cooperative Societies (Saccos) have been cited as a strategic vehicle for driving investment, savings, and a culture of entrepreneurship to help create wealth at Kenya’s grassroots. Speaking at the official launch of Shirikiana Sacco at Masinde Muliro University in Kakamega County, President William Ruto, who was the guest of honor, described the…

IG SACCO wins top award at Kakamega Agricultural Show

Sacco ReviewJune 14, 202603 mins

IG SACCO has been named the Best Financial Institution Other Than Bank at the Kakamega Agricultural Show, earning first prize in a category that highlights institutions driving financial inclusion and community growth. The award was presented by Kakamega County Governor Fernandes Barasa, who commended the cooperative for its role in offering impactful financial solutions to…

Wetang’ula urges MPs to seal loopholes in cooperative laws to protect members’ savings

Sacco ReviewJune 13, 2026June 13, 202604 mins

National Assembly Speaker Moses Wetang’ula has called on Members of Parliament to urgently review Kenya’s cooperative laws and close loopholes that expose members’ savings to mismanagement and loss. Speaking during the launch of Shirikiana Sacco, Wetang’ula warned that weak governance systems continue to endanger resources in cooperative societies, stressing the need for stronger oversight and…

Ruto launches Shirikiana Sacco, hails cooperative model as key to economic transformation

Sacco ReviewJune 13, 202604 mins

President William Ruto has launched Shirikiana Sacco, a new cooperative financial institution designed to expand access to savings, affordable credit and investment opportunities, in what he termed a landmark initiative set to transform livelihoods across Western Kenya and beyond. The launch, held at Masinde Muliro University of Science and Technology in Kakamega County, brought together…

President Ruto commits KSh50 million to Shirikiana Sacco at launch

Sacco ReviewJune 13, 202605 mins

President William Ruto has committed KSh50 million to Shirikiana Sacco, pledging personal membership and investment in the newly launched cooperative at its unveiling at Masinde Muliro University of Science and Technology in Kakamega County on Saturday, June 13, 2026. In his address, President Ruto said he had agreed with Cooperatives and MSMEs Development Cabinet Secretary…

Why more women need to join the cooperative movement, CS Oparanya

Sacco ReviewJune 13, 202607 mins

Socio-cultural norms, lack of information, and male-dominated management in key sectors also limit participation. Martin Gichangi, an economist in Nairobi says women mostly shun Saccos in Kenya due to low disposable Incomes. By Mwiti Mukunga Fewer women join Savings and Credit Cooperative Societies (Saccos) in Kenya compared to men which is detrimental to the overall…

President Ruto to grace the launch of Shirikiana SACCO in Kakamega

Sacco ReviewJune 13, 202604 mins

President William Ruto will preside over the official launch of Shirikiana SACCO at Masinde Muliro University of Science and Technology (MMUST) in Kakamega County on Saturday, June 13, 2026. The event, hosted by Cabinet Secretary for Co‑operatives and MSMEs Development, Wycliffe Oparanya, marks a significant milestone in advancing financial inclusion and strengthening the cooperative movement…

Mbadi: Hustler Fund disburses KSh 87bn, reaches 28 million accounts since launch

Sacco ReviewJune 12, 202605 mins

The National Treasury has announced that the Hustler Fund has disbursed Sh87 billion since its launch in 2022, reaching 28 million accounts and extending formal financial services to millions of Kenyans who previously had little or no access to credit. Treasury Cabinet Secretary John Mbadi revealed the figures while presenting the 2026/27 Budget Statement in…

Nandi County joins Heifer International in rollout of dairy fodder project targeting 50,000 farmers

Sacco ReviewJune 12, 202605 mins

Tens of thousands of smallholder dairy farmers in Nandi County stand to benefit from improved feed access and higher milk yields following the launch of a major agriculture initiative backed by Heifer International. The County Government of Nandi has officially joined Heifer International in rolling out the Transforming Yield Through Feed and Fodder Access in…