Top News - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Govt lifts SACCO registration ban, sets Ksh 1.2M capital requirement

Sacco ReviewJune 3, 202603 mins

The Ministry of Co-operatives and MSMEs Development, through the Commissioner for Co-operatives, has lifted the suspension on the registration of new SACCO societies, effective immediately. The decision follows the completion of a review of the legislative and regulatory framework governing SACCOs by a Committee of Experts appointed by Cabinet Secretary Wycliffe Oparanya. The committee, which…

Bankers Association calls for PAYE cut as workers face growing tax pressure

Sacco ReviewMay 27, 202603 mins

The Kenya Bankers Association has raised concerns over the rising tax burden on Kenyan workers, arguing that salaried employees are currently paying higher income tax rates than companies. In a statement shared online on Monday, May 25, 2026, the association noted that Pay As You Earn (PAYE) tax stands at up to 35 per cent,…

SASRA urges SACCOs to strengthen oversight as digital financial services expand

Sacco ReviewMay 22, 202604 mins

The Sacco Societies Regulatory Authority (SASRA) has urged the Savings and Credit Cooperative Organizations (SACCOs) to strengthen oversight by reinforcing compliance, risk management, and regulatory reporting standards in the rapidly evolving digital financial services space. Speaking during a virtual sensitization forum bringing together more than 600 participants from regulated SACCOs, Acting Chief Executive Officer (CEO)…

KNBS Economic Survey 2026: Kenya dairy sector hits record 5.5 million tonnes as New KCC battles losses

Sacco ReviewMay 11, 202604 mins

Kenya’s dairy farmers are producing more milk than ever before, and the numbers to prove it are finally here. Fresh milk production hit 5.5 million tonnes in 2025, a 3.5% increase from the previous year and the third consecutive record, according to the Kenya National Bureau of Statistics (KNBS) Economic Survey 2026 released on April…

President Ruto launching the Affordable housing in Mukuru

Treasury sets aside Ksh over 50 billion for affordable housing in 2026/2027 budget

Sacco ReviewMay 8, 2026May 8, 202603 mins

Kenya’s push to put more citizens under decent roofs is receiving a fresh financial shot in the arm, with the National Treasury earmarking Ksh 50.6 billion for the Affordable Housing Programme (AHP) in the 2026/2027 financial year. The allocation, which forms 37 percent of the total Ksh 135.8 billion set aside for Housing, Urban Developments…

AFA Acting Director General Calistus Kundu

Macadamia farmers to form Cooperatives as sector sets Ksh 100 farm gate price

Sacco ReviewMay 7, 2026May 7, 202604 mins

Farmers in Kenya’s macadamia sector have agreed to form cooperatives as part of extensive reforms aimed at streamlining the value chain and improving earnings. The resolution was reached during a two-day forum that brought together Agriculture and Food Authority (AFA) as a regulator, processors and farmers, where participants emphasized that cooperatives will enhance bargaining power,…

Gov’t moves to reform SACCO sector amid push for growth and trust

Sacco ReviewApril 23, 202604 mins

The government has stepped up efforts to reform Kenya’s cooperative movement, with Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya leading a renewed push for structural changes aimed at strengthening the sector. Oparanya said the proposed reforms are designed to make Savings and Credit Cooperative Organizations (SACCOs) more self-sustaining while safeguarding members’ savings. Central to…

Imarika DT Sacco headquarters in Kilifi County on

Imarika Sacco assets hit Ksh16.1 billion as performance surpasses targets

Sacco ReviewApril 8, 2026May 7, 202605 mins

Imarika Sacco, one of Kenya’s fastest-growing cooperatives, has once again recorded strong financial performance, posting total assets of Ksh16.1 billion in the year ended 31st December 2025. The Sacco also reported increased member deposits, which rose to Ksh10.5 billion against a target of Ksh10.6 billion falling short by Ksh100 million. In contrast, loans and advances…

Stima SACCO assets hit Ksh75.3 Billion, post Ksh10.8 Billion revenue

Sacco ReviewApril 7, 202609 mins

Kenya’s second largest Savings and Credit Co-operative (SACCO) and second-largest in Africa in asset base, Stima DT SACCO Society Limited, posted impressive financial results for the year ending December 31, 2025 after it recorded an increase in revenue by 4.9% from Ksh10.3 billion in 2024 to Ksh10.8 billion in 2025, even as its total assets…

CPA Jared Moenga - Gusii Mwalimu DT Sacco CEO

Gusii Mwalimu DT Sacco records strong growth as assets rise to Ksh18.4 billion

Sacco ReviewApril 7, 2026April 7, 2026011 mins

Gusii Mwalimu DT Sacco has recorded impressive growth across key financial indicators, with total assets rising from Ksh16.2 billion in 2024 to Ksh18.4 billion in 2025, representing an increase of 13.3 per cent. The Sacco also registered steady growth in deposits, loans, revenue and membership, underscoring its strong position within Kenya’s co-operative movement and its commitment…