Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Tea and coffee auctions earned farmers Ksh2 billion, up from Ksh1.816 billion. Tea sales earned Ksh890.4 million, while coffee fetched Ksh1.168 billion. Improved tea prices attracted strong buyer interest. Two agriculture markets generated Ksh 2 billion at the weekly auctions that attracted local and international buyers, compared to Ksh 1.816 billion of the previous week,…
PCPB warns agrovets against selling illegal, counterfeit or unregistered pesticides. 51 cases are under investigation, with four convictions recorded last financial year. Illegal pesticides pose risks to people, livestock, wildlife and the environment. Agrovet operators found selling unregistered, counterfeit or prohibited pesticides risk arrest and prosecution, the Pest Control Products Board (PCPB) has warned. The…
High Court suspends Treasury approval requirement for banks seeking to raise loan interest rates. Order follows a legal challenge by the Kenya Bankers Association over Section 44 of the Banking Act. Borrowers are not automatically facing higher rates, but customers with variable rate loans should monitor lender communications. Thousands of Kenyan borrowers face fresh uncertainty…
Saccos are turning to young people to address an ageing membership base, with youth demanding faster, mobile driven financial services. Officials are urging Saccos to offer youth friendly products, digital services, financial education and clear pathways into leadership. Experts say mentorship, transparency and support for youth enterprises are key to making young people feel included…
450 youth and women to receive skills training and livelihood support across five counties. Training will focus on local opportunities including ICT, tourism, aquaculture, beekeeping and handicrafts. Government will link beneficiaries to financing, mentorship, markets and enterprise support. The government has launched a skills development and livelihood programme targeting 450 vulnerable youth and women in…
Njeru dismisses Ksh322.5m payment claims as divisive allegations. DCI probe underway over the disputed fertiliser payment. KTDA expects farmers’ fertiliser consignment early next month KTDA Chairman Enos Njeru has urged tea farmers and directors to stay united and ignore allegations circulating on social media platforms this week. Njeru spoke on Friday during the closure of…
KALRO Coffee Research Institute has graduated farmers trained in modern coffee farm management practices. The training covered farm establishment, crop management, good farming practices and harvesting. KALRO says continued training will help farmers improve productivity and support the revival of Kenya’s coffee sector A new cohort of farmers has completed coffee farm management training at…
Sacco dividends fell or were scrapped in 2026 as Saccos retained more earnings to strengthen capital and liquidity. SASRA rules, KUSCCO losses and provisions for non performing loans reduced funds available for dividend payouts. Despite lower dividends, the sector grew strongly, with total Sacco assets rising 12.4 per cent to Ksh1.21 trillion. Kenyan Sacco members…
Kenya has granted ACCOSCA diplomatic status through a new Host Country Agreement. The agreement was signed by Prime Cabinet Secretary Musalia Mudavadi and ACCOSCA Head of Mission George Ombado. The status is expected to strengthen ACCOSCA’s operations and its role in promoting the Sacco movement across Africa. The Government of Kenya has signed a Host…
Rozaah Buyu proposes a bill to protect borrowers from predatory microfinance lending. The bill seeks to cap interest rates and curb unfair debt recovery practices. Non-compliant lenders could face penalties or licence revocation. Kisumu West MP Rozaah Buyu has written to the Speaker of the National Assembly proposing a bill that would tighten protections for…
