Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The former CEO of Eco Pillar SACCO, Linus Lokira, has been arrested in connection with a major financial fraud that allegedly resulted in a loss of over KSh 100 million to the institution. The suspect was taken into custody on April 26 by police in Kapenguria. OCS Evans Mose confirmed the arrest , stating that…
A section of Savings and Credit Cooperative Societies (Saccos) has come out strongly against the proposed Sacco Societies Amendment Bill 2025, warning that the legislation could undermine the survival of smaller institutions and trigger job losses across the country. Speaking during the launch of a new branch of Ammar Sacco in Mathioya, leaders and officials…
Farmers and cooperative societies in Lamu West Sub-county are set to transform their agricultural operations after the County Government of Lamu disbursed over Ksh 12.4 million in inclusion grants under the Food Systems Resilience Program (FSRP), marking a significant step toward strengthening food security in the region. Lamu Governor Issa Timam presided over the phase…
Members of Kishushe Ranching Cooperative Society Limited (KRCSL) have approved a projected budget of KSh46 million for the year, setting the stage for what the leadership described as a decisive push toward economic growth and stability. The budget was among the key resolutions passed during the society’s Annual General Meeting held on Friday at its…
Since 2023, Kenyans, especially those working in formal employment, have faced tough times with increased taxation and new statutory deductions eating into their payslips. Over the last three years, the government has increased deductions among salaried Kenyans with the Social Health Insurance Fund (SHIF), requiring a mandatory contribution of 2.75% of an employee’s gross monthly salary….
Mhasibu Sacco has unveiled its 2026-2030 strategic plan, outlining ambitious growth targets that include expanding membership to 100,000, tripling its asset base, and adopting artificial intelligence (AI) to modernise operations. Speaking during the launch, Chief Executive Officer Eunice Kanyi said the Sacco is confident of achieving the membership target well ahead of schedule. “Our target…
Jomo Kenyatta University of Agriculture and Technology (JKUAT) is hosting a series of advanced professional training workshops under the Italia Academia with Africa (ITACA) project, aimed at strengthening entrepreneurship and innovation ecosystems across Africa. The programme, themed “Building Sustainable Entrepreneurial Futures,” brings together entrepreneurs, startup founders, and ecosystem actors for intensive courses designed to harness…
The Ministry of Cooperatives, Micro, Small and Medium Enterprises (MSME) has disbursed KSh13.6 million under the Uwezo Fund and KSh10.2 million from the Youth Development Fund to women, youth, and Persons with Disabilities (PWDs) in Lugari constituency. Presiding over the issuance of cheques at Chevaywa Vocational and Training Centre, Cabinet Secretary Wycliffe Oparanya urged beneficiaries…
Macadamia farmers in Kenya may finally get relief from exploitative brokers after Agriculture Cabinet Secretary (CS) Mutahi Kagwe issued a tough ultimatum to processors, warning that failure to pay fair prices will force the government to reopen raw in-shell exports. Speaking in Nyeri on Thursday, April 23, Kagwe said processors must buy all locally produced…
The Micro and Small Enterprises Authority (MSEA), in partnership with SNV Netherlands Development Organisation, has launched the fifth phase of business awareness forums aimed at strengthening policy uptake and improving access to support services among micro, small and medium enterprises (MSMEs) across Kenya. The latest phase builds on four previous engagements and targets a more…
