Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The government is intensifying efforts to shift the tea industry from bulk exports of raw produce to higher‑value processed and branded products, even as political and legislative hurdles threaten to slow the pace of reform. Speaking at the China‑Africa Forum on Agritech and Industrial Cooperation in Nairobi, Tea Board of Kenya (TBK) Chief Executive Officer…
The Central Bank of Kenya (CBK) has opened bidding for two reopened fixed-coupon Treasury bonds with a combined value of Ksh60 billion, offering Kenyans, including Sacco members and individual investors, an opportunity to earn stable long-term returns with a minimum investment of Ksh 50,000. The bonds, issued under prospectus numbers FXD1/2018/020 and FXD1/2021/025, carry coupon…
Kenya has surpassed Egypt to become the largest producer of milk in Africa, according to Principal Secretary for Livestock Production Jonathan Mueke. Speaking in an interview with NTV, Mueke revealed that Kenya’s milk output has risen from 4.6 billion litres to 5.4 billion litres, placing the country ahead of Egypt in continental rankings. “We always…
The Central Bank of Kenya (CBK) has retained the Central Bank Rate (CBR) at 8.75 percent for the second consecutive time, following its Monetary Policy Committee (MPC) meeting on June 9, 2026. The regulator said the move is aimed at anchoring inflation expectations in the face of rising global and domestic price pressures. Kenya’s inflation…
The National Social Security Fund (NSSF) has announced unaudited assets worth Ksh715 billion as of March 30, 2026, attributing the growth to increased trust and collaboration among Kenyan employees in securing their retirement plans. In a statement released on its official X (formerly Twitter) account, the Fund said the expansion reflects confidence from both formal…
The Food and Agriculture Organization (FAO) and Local Governments for Sustainability (ICLEI) are set to host an all-day workshop in Nairobi focused on designing nutrition-sensitive investment strategies for wholesale food markets. Kicking off on Wednesday, June 10, at 8:00 a.m. at the Argyle Grand Hotel, the event will gather city and county officials from Nairobi,…
Hundreds of members of the collapsed Kenknit Savings and Credit Cooperative Society (SACCO) in Eldoret may finally see a path to justice after the County Government of Uasin Gishu pledged support for the cooperative’s revival and called for accountability over the alleged mismanagement of millions of shillings belonging to members. Speaking during a consultative meeting…
Panic has gripped Kenya’s tea sector following the implementation of a Sh2.28 per kilogram levy at the Mombasa Tea Auction, with farmers and factories warning of reduced bonuses and mounting unsold stock. Producers in the Mt Kenya region say the levy has disrupted the market, forcing buyers to shift to cheaper alternatives from Burundi, Rwanda,…
Kenya’s Ksh1,000 note has surged to dominate the country’s cash economy, accounting for nearly 80 percent of all notes in circulation, according to new data from the Central Bank of Kenya (CBK). The CBK report shows that total notes in circulation rose by 7 percent, climbing from Ksh 360.46 billion in 2025 to Ksh 388.41…
Cabinet Secretary for Agriculture and Livestock Development, Mutahi Kagwe, has called for international action to eliminate hazardous agricultural chemicals, urging that substances deemed unsafe in some countries should not be allowed in markets with weaker regulations. Speaking at the opening of the 2026 World Farmers’ Organisation (WFO) General Assembly in Nairobi, Kagwe emphasized that farmers…
