Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Agriculture CS Mutahi Kagwe has ordered tea factories to reject poor quality green leaf that does not meet the two leaves and a bud standard. The government has allocated Ksh 7.1 billion to modernise tea factories, with Ksh 44.6 million going to Kapsara Tea Factory for a new withering plant. Kagwe said improving leaf quality,…
Kenya plans to import maize from Comesa countries as drought threatens domestic production. Agriculture CS Mutahi Kagwe said 25 to 30 per cent of the seed crop could be lost, but stocks for the next planting season remain sufficient. The government is developing flexible measures to address climate shocks, while sugar production has doubled, reducing…
Mary Awino appointed acting CEO of IG Sacco from August 2026. She previously served as Finance Manager, improving revenue, costs, liquidity and compliance Invest and Grow (IG) Sacco has appointed Mary Awino as acting Chief Executive Officer (CEO) with effect from August 2026, after Dr CPA Peter A. Vuhya proceeded on terminal leave pending his…
CMA has licensed Rubiani Capital as an Intermediary Service Platform Provider to offer digital investment services. The platform connects users to regulated capital markets products while licensed institutions handle execution and asset custody. CMA urged investors to use only licensed and approved capital markets intermediaries. Capital Markets Authority (CMA) has granted an Intermediary Service Platform…
Kapsara Tea Factory has received a Ksh44.6 million government grant to upgrade processing machinery. The investment aims to improve tea quality, efficiency and value addition for farmers. The grant is part of a wider government programme to modernise tea factories across Kenya. The government has presented a Ksh 44.6 million grant to Kapsara Tea Factory…
Kenya’s macadamia production value rose 73 per cent to Ksh8.6 billion in 2025. Output increased to 53,968 tonnes as macadamia acreage expanded by 849 hectares. Government is targeting India as a new export market to diversify Kenya’s macadamia trade Kenya’s macadamia industry recorded a sharp rise in the value of production last year, as higher…
NGEC has urged greater youth participation in Kenya’s economy, with Saccos seen as a key source of savings and credit. Youth businesses still face limited capital, markets and procurement opportunities. The commission called for stronger implementation of youth empowerment programmes and policies. National Gender and Equality Commission (NGEC) has renewed calls for young Kenyans to…
Coffee farmers earned Ksh1.168 billion from 21,223 bags sold at the Nairobi Coffee Exchange, with prices averaging Ksh45,730 per bag. Karii factory recorded the highest Grade AA price at Ksh55,289 per bag, up from Ksh52,964 last week. Since October 1, 637,444 bags have been traded, earning farmers more than Ksh38.3 billion. Coffee farmers earned Ksh…
Lamu is set to host a Ksh15 billion palm oil project backed by CPF Group and Witu Nyongoro Ranch. The project is expected to create jobs and business opportunities in production, processing, logistics and value addition. Palm trees are expected to mature within three to five years, supporting long term economic activity in the region….
Kenya faces a projected maize shortfall of 5.4 million bags by the end of September, prompting plans to import one million bags for strategic reserves. Drought in the North Rift is threatening maize production as crops dry up amid inadequate rainfall. The supply gap could push maize prices higher, with a 90 kilogramme bag currently…
