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Kenya National Police Sacco CEO Atsiaya elected university alumni chair

Sacco ReviewSeptember 1, 202601 mins

Kenya National Police DT Sacco CEO Solomon Atsiaya has been elected Chairperson of the Co-operative University of Kenya Alumni Association. Atsiaya will lead the alumni association as it seeks to strengthen alumni engagement, mentorship and collaboration while supporting the university’s institutional development. READ ALSO: Milk vanishes from shelves as COFEK warns of price surge His…

KAWU calls off aviation strike after government deal

Sacco ReviewSeptember 1, 202604 mins

KAWU has called off its airport strike after reaching a deal with the government. Workers will resume duties as negotiations on pay and a CBA begin. The strike had disrupted operations at major Kenyan airports. Aviation workers under the Kenya Aviation Workers’ Union (KAWU) called off their strike on Tuesday after reaching a return-to-work agreement…

KUSCCO officially liquidated through Gazette Notice

Sacco ReviewSeptember 1, 2026September 1, 202604 mins

KUSCCO has officially been placed under liquidation. The union faces a Ksh11.6 billion financial deficit. Three officials will oversee the liquidation. KUSCCO has been placed under liquidation via Gazette Notice No. 13997, after members resolved to dissolve the union amid a Ksh 11.6 billion deficit. The Kenya Union of Savings and Credit Co-operative Societies (KUSCCO)…

KUSCCO shareholders approve dissolution, back new cooperative body

Sacco ReviewAugust 29, 202609 mins

KUSCCO shareholders have approved the union’s dissolution as debts far outweigh its assets. Members have backed a new umbrella body, KEFESCO, focused on advocacy, training, research and consultancy. A creditor has moved to court to challenge the transition, putting the new federation’s future in question. Shareholders of the Kenya Union of Savings and Credit Cooperatives…

KUSCCO shareholders approve liquidation, new body

Sacco ReviewAugust 28, 202604 mins

KUSCCO shareholders approve full liquidation as debts hit Ksh 17 billion against Ksh 5.4 billion in assets. New national Sacco association approved to take over advocacy, training and research roles. Commissioner David Obonyo to oversee asset recovery and payouts to Saccos and depositors. KUSCCO shareholders have approved a structured liquidation after liabilities topped Ksh 17…

Saccos set to adopt full-file credit information sharing system

Sacco ReviewAugust 28, 202606 mins

Saccos are set to share both positive and negative credit data. New system could strengthen lending and curb multiple borrowing. Saccos face IT and data protection upgrades before rollout. Saccos are set to adopt a bank-like full-file credit information sharing system that will enable them to share both positive and negative credit information, in a…

Kenyans receiving services at the Kenya Revenue Authority headquarters. PHOTO/KRA

KRA clarifies new minimum yield for consolidated cargo

Sacco ReviewAugust 28, 202607 mins

KRA explains why the consolidated cargo minimum yield was raised. Traders can opt for individual customs assessment based on actual goods. New Ksh 3.2 million threshold took effect on August 21. Kenya Revenue Authority (KRA) has moved to clarify concerns raised by small-scale traders over changes to the minimum yield applied to consolidated cargo, following…

KSB slaps millers over cane payment, weighing fraud

Sacco ReviewAugust 28, 2026August 28, 202607 mins

Millers face penalties for delayed farmer payments. Weighbridge fraud crackdown targets cane losses. Sugar production rises as Kenya battles imports. Sugarcane farmers will be protected from miller exploitation as the government cracks the whip on delayed payments and weighbridge tonnage fraud. The Kenya Sugar Board (KSB) has ordered that sugar millers must pay farmers within…

Saccos face reckoning as KUSCCO losses go to a vote

Sacco ReviewAugust 27, 202604 mins

Friday’s vote could determine how Saccos absorb billions lost in the KUSCCO crisis. Affected Saccos have already been forced to recognise losses and set aside provisions. Pressure is mounting for accountability as members seek answers over how the funds disappeared. Kenyan Saccos head into Friday’s KUSCCo special general meeting still counting the cost of a…

Cows, goats and sheep set to get digital identities

Sacco ReviewAugust 27, 202605 mins

Kenya is rolling out a digital system to give cows, goats and sheep unique identities. The system will help tackle livestock theft, track diseases and verify animal ownership. Digital traceability could also help Kenyan livestock producers access lucrative export markets. Cows, goats and sheep could soon have their own digital identity as the government steps…