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CS Cooperatives Wycliffe Ambetsa Oparanya in meeting with officials from the World Bank Group at the Delta Centre in Nairobi last year.

Oparanya meets World Bank Officials to advance reforms in Kenya’s Cooperative Sector

Sacco ReviewDecember 11, 202502 mins

Cabinet Secretary for Cooperatives and Micro, Small and Medium Enterprises (MSMEs) Development, Wycliffe Ambetsa Oparanya, on Monday held a high-level meeting with officials from the World Bank Group at the Delta Centre in Nairobi. The engagement brought together key development partners to assess ongoing reforms and map out strategies aimed at transforming Kenya’s cooperative sector…

Kenya launches post-AGOA export reset, targets 10% annual growth by 2028

Sacco ReviewDecember 11, 202506 mins

The official expiry of the African Growth and Opportunity Act (AGOA) programme. has created a new urgency for the country to reimagine its export base. The government is also accelerating diversification and value addition to cushion exporters from shifting global trade conditions. Kenya Export Promotion and Branding Agency (KEPROBA) Chief Executive Officer (CEO) Floice Mukabana…

KUSCCO begins Ksh6.2 Billion refunds owed to SACCOs

Sacco ReviewDecember 11, 2025December 11, 202503 mins

The Kenya Union of Savings and Credit Co-operatives (KUSCCO) has officially begun disbursing refunds to SACCOs, marking the first major step in settling the Ksh6.2 billion it owes its members. The long-awaited repayments follow a financial crisis at the union that was attributed to mismanagement and fraudulent activities under previous leadership. Co-operatives and MSMEs Cabinet…

Oparanya calls on lending institutions to accord MSMEs flexible credit terms

Sacco ReviewDecember 1, 202505 mins

The Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development Cabinet Secretary Wycliffe Oparanya has called upon lending institutions to accord small businesses flexible terms in order to enable them access credit. Oparanya noted that many small businesses cannot afford credit due to stiff requirements adding that many of them have been forced to imitate…

Kenya’s banking sector shows resilience despite tight lending and rising credit risks, CBK 2024, 2025 report

Sacco ReviewDecember 1, 202507 mins

Kenya’s financial sector remained resilient in 2024 and the first half of 2025, even as lending slowed and credit risks increased, according to the latest Financial Sector Stability Report released by the Central Bank of Kenya (CBK). The sector comprised thirty-eight commercial banks, one mortgage finance institution, and fourteen deposit-taking microfinance banks (MFBs), all under…

Coffee cooperatives reject Government’s direct pay to farmers

Sacco ReviewNovember 29, 202504 mins

The National Coffee Cooperative Union (NACCU) has rejected a government directive seeking to implement a direct-to-farmer payment model under the Direct Settlement System (DSS), arguing that the policy threatens to dismantle long-standing cooperative structures that manage coffee earnings at pulping-station level. NACCU Chairman Felix Mureithi Mwai said the directive issued on November 2024 by Cabinet…

Over 7 million farmers to benefit as Gov’t acquires digital agriculture system

Sacco ReviewNovember 28, 202504 mins

Over 7 million farmers are set to benefit from a pivotal digital transformation in the agriculture sector after the Food and Agriculture Organization (FAO) and development partners handed over the Kenya Integrated Agriculture Management Information System (KIAMIS) to the Ministry of Agriculture. The handover witnessed during the ongoing Intergovernmental Forum on Agriculture in Naivasha was…

Cane farmers oppose proposals to exempt manufacturers, importers from 4% levy

Sacco ReviewNovember 27, 202505 mins

Sugar cane farmers in the country have vehemently opposed proposals to exempt exporters and manufacturers importing white refined industrial sugar from paying the four per cent Sugar Development Levy. Sugar Campaign for Change (Sucam), coordinator Michael Arum said in a statement that farmers described the proposal by the Kenya Association of Manufacturers (KAM) as “misguided, legally unfounded,…

Kenya seeks zero-duty access for agricultural exports to China, calls for quick approvals

Sacco ReviewNovember 26, 202504 mins

Kenya has intensified efforts to secure zero-duty access for its agricultural and livestock products in the Chinese market, with Cabinet Secretary Agriculture and Livestock Development Mutahi Kagwe urging senior officials from the General Administration of China Customs (GACC) to fast-track long-pending approvals. In a high-level meeting held in Nairobi, Kagwe engaged a delegation led by…

KCB Group posts Ksh47.3 billion profit for nine months ending September 2025

Sacco ReviewNovember 25, 202503 mins

KCB Group PLC has reported a profit after tax of Ksh47.3 billion for the nine months ending September 2025, a 3.5% increase from Ksh45.7 billion in the same period last year. The Group’s strong performance was driven by higher income across business lines and effective cost management, despite challenges in its markets. KCB’s balance sheet…