Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Members of the public have been urged to verify auctioneers’ credentials before engaging them and report suspected imposters to the board or police. The Auctioneers Licensing Board has called for urgent reforms to Kenya’s auctioneering laws, citing outdated legislation, rising operational costs, and persistent public misunderstanding of the profession. Speaking during a regional workshop in…
Kenyans have been urged to verify any claims about the SACCO reforms through official government communication before sharing them further PS Kilemi reaffirmed that SACCO funds remain the property of their respective societies and are managed exclusively by elected officials The National Treasury has dismissed as false and malicious claims circulating on social media alleging…
Unlike the first tranche, which was rolled out in phased clusters across the regions, the second disbursement would reach all eligible beneficiaries at the same time.. the beneficiaries have already completed a mandatory business development skills training programme, a requirement under the initiative before qualifying for the start-up capital. The government will on Friday roll…
KWFT reopens Nanyuki branch to expand financial services, empower women entrepreneurs, farmers, and households across Laikipia County, strengthening its national network of 190 branches and 125 agents. The Kenya Women Microfinance Bank (KWFT) has reopened its Nanyuki branch which aims to strengthens its presence around MT Kenya region, expand its financial services and empower women,…
Kericho County Governor Dr. Erick Mutai has identified cooperative societies as integral aspects of rural industrialization, value addition and the development of Micro, Small, and Medium Enterprises (MSMEs), positioning them as the county’s main vehicle for delivering the Bottom-Up Economic Transformation Agenda (BETA) Speaking during the International Day of Cooperatives (Ushirika Day) celebrations held at…
The absence of young people in SACCOs means many are missing out on the chance to learn financial discipline, savings culture and investment principles that have sustained the sector for decades. The widening age gap in leadership and participation raises uncertainty over succession. Kenya’s cooperative movement is staring at a leadership vacuum in the next…
The government has urged investors to prioritize vertical developments in Kiambu County to curb the rapid loss of agricultural land to residential construction. Cabinet Secretary for Investments, Trade, and Industrialization Lee Kinyanjui made the call during a signing ceremony at Tatu City marking a foreign direct investment from Saudi Arabia’s Mabani Aljazeera Holding Group into…
National Assembly Speaker Moses Wetang’ula has called on boda boda operators to join savings and credit cooperatives (SACCOs) and channel their earnings into income‑generating ventures, saying this will secure their livelihoods and promote long‑term financial stability. Speaking during a boda boda empowerment forum at Mungatsi Primary School in Nambale Sub‑County on Saturday, Wetang’ula highlighted the…
The ministry will issue comprehensive response later in the day as Jimi Wanjigi’s warning over SACCO funds stirs public anxiety Cooperatives and MSMEs Development Principal Secretary (PS) Patrick Kilemi has dismissed claims that the government intends to divert members’ savings from Saccos to finance the national infrastructure fund. In a statement posted on his social…
Meru County has been hailed as a national role model in the cooperative movement, with Cooperatives and and Micro, Small & Medium Enterprises (MSMEs) Development, Principal Secretary Patrick Kiburi Kilemi praising the region’s leadership for milestones achieved in strengthening societies and empowering communities. Speaking at Kaaga Methodist Church grounds during Meru’s Ushirika Day celebrations, Kilemi…
