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Cabinet Secretary, Ministry of Cooperatives and Micro, Small and Medium Enterprises Development Wycliffe Oparanya

Oparanya asks women to join Saccos for financial freedom

Sacco ReviewApril 17, 202607 mins

Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya wants women to prioritise savings, financial literacy and smart investments in order to gain financial independence. According to the CS, fewer women join savings and credit cooperative societies (Saccos) in Kenya compared to men which is detrimental to the overall national economic development of the country. “Saccos…

Vihiga youth embrace fish value-addition for job creation and income boost

Sacco ReviewApril 16, 202603 mins

Youth in Vihiga County are embracing fish value-addition initiatives aimed at boosting incomes and creating jobs in the agriculture sector. The shift from traditional fish farming to processing and marketing is enabling young people to produce higher-value products such as fillets, samosas, and smoked fish. The initiative is being implemented under the Aquaculture Business Development…

The Governor of the Central Bank of Kenya-Dr. Kamau Thugge-Photo|Courtesy

CBK licenses 32 additional digital credit providers, bringing total to 227

Sacco ReviewApril 16, 202604 mins

The Central Bank of Kenya (CBK) has announced the licensing of 32 new Digital Credit Providers (DCPs), bringing the total number of licensed providers to 227. This follows the licensing of 42 DCPs in December 2025, signaling a continued effort to regulate and monitor the digital lending space in Kenya. In a statement released on…

Edward Obwocha, Walimu Solidarity Savings and Credit Co-operative Chairman and KUPPET National Secretary, Secondary.

TSC approves Walimu Solidarity Sacco for more membership

Sacco ReviewApril 15, 202602 mins

Walimu Solidarity Sacco can now allow teachers outside union leadership to join the Sacco, following approval of the long-awaited check-off system by the Teachers Service Commission (TSC). The system allows for direct salary deductions of member contributions, a major step forward since the Sacco previously only served union officials due to the absence of a…

CS Oparanya unveils Deposit Guarantee Fund in SACCO sector shake-up

Sacco ReviewApril 15, 2026April 15, 202604 mins

Cabinet Secretary for Cooperatives and SMEs, Wycliffe Oparanya, has announced the introduction of a Deposit Guarantee Fund aimed at protecting members’ savings in SACCOs in the event of a SACCO collapse. Oparanya assured members that their deposits would be safeguarded, ensuring that they can recover their money even if their SACCOs fail. Speaking about the…

PS Irrigation, Ephantus Kimotho during a press briefing about Run for Oloolua conservation initiative. Photo by Obegi Malack

Govt, stakeholders launch initiative to boost forest conservation efforts in Kajiado

Sacco ReviewApril 14, 2026April 14, 202604 mins

A major conservation initiative aimed at protecting Oloolua Forest is set to take place on April 25, 2026, at the Oloolua forest in Kajiado North constituency. The event, dubbed “Run for Oloolua,” will bring together government agencies, stakeholders, and members of the public to support forest conservation efforts. The initiative is being organized in partnership…

Jack Ranguma, SASRA Board Chairman. Photo/File

High stakes as stakeholders review experts’ report on Sacco reforms

Sacco ReviewApril 14, 2026010 mins

Stakeholders in the savings and credit co-operative sector are reviewing a report by a team of experts proposing far-reaching reforms that could reshape regulation, governance and operations of Saccos in Kenya. The proposals, which are now at the validation stage, come amid growing pressure to strengthen oversight, protect member savings and address emerging risks in…

South Imenti MP Dr. Shadrach Mwiti (in jungle uniform) when he presented cheques to boda boda riders in Nkubu town to empower them economically.

Imenti South MP disburses Ksh5M to 65 Boda Boda groups in empowerment drive

Sacco ReviewApril 11, 202606 mins

Imenti South Member of Parliament Dr. Shadrack Mwiti has issued cheques worth Sh 5 million to 65 boda boda groups in a move aimed at strengthening youth empowerment in the constituency. The funds were distributed during an event at Nkubu Stadium, attended by local leaders and stakeholders. Speaking during the event, Dr Mwiti said the…

Cooperatives unite against child labour in Tea, Coffee sectors

Sacco ReviewApril 11, 202604 mins

Stakeholders in Kenya’s tea and coffee cooperatives have pledged to take the fight against child labour to grassroots communities, in a renewed push to boost farmer incomes and protect children across agricultural value chains. The commitment follows a 12-day Training of Trainers on Cooperative Development Tools, where participants resolved to cascade knowledge to farmers and…

CS Cooperatives Wycliffe Oparanya ( C) with Commissioner for Cooperative David Obonyo ( l) during leadership forum in Naivasha.

Over 10,000 SACCOs face closure for failure to file annual returns

Sacco ReviewApril 10, 202604 mins

The Ministry of Cooperatives and Micro, Small and Medium Enterprises (MSME) Development has issued a stern warning to SACCOs (Savings and Credit Cooperative Societies) that have failed to file their annual returns, confirming that those who remain non-compliant risk having their licenses revoked. Cabinet Secretary for the Ministry of Cooperatives and MSME Development, Wycliffe Oparanya,…