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

KRA to roll out AI powered system to curb tax fraud, boost compliance

Sacco ReviewNovember 11, 202503 mins

The Kenya Revenue Authority (KRA) is set to introduce an advanced digital system that will automatically detect inconsistencies and fraudulent tax returns, marking a major step in its plan to integrate artificial intelligence (AI) into tax administration. The new automated validation system, which will be integrated into the iTax platform, is scheduled to go live…

CS Oparanya calls for stronger support for MSMEs as Kenya Hosts 25th EAC MSME Trade Fair

Sacco ReviewNovember 11, 202506 mins

Cabinet Secretary for Cooperatives and MSME Development Wycliffe Oparanya has underscored the importance of micro, small and medium enterprises (MSMEs) in driving Kenya’s economic transformation, noting that the sector remains central to the government’s Bottom-Up Economic Transformation Agenda (BETA). Speaking during the 25th East African Community (EAC) MSME Trade Fair at Uhuru Gardens, Nairobi, Oparanya…

Sugar Board calls for registration of all sugar re-packagers to strengthen regulation, protect consumers

Sacco ReviewNovember 9, 2025November 9, 202503 mins

The Kenya Sugar board has directed all individuals and companies involved in sugar re-packaging to register with the Board by November 17, 2025, as part of new measures aimed at strengthening regulation and protecting consumers. In a public notice issued this week, the Board invoked powers under Section 61 of the Sugar Act, 2024, and…

President Ruto launches KenGen Kaishan Green Ammonia Fertilizer factory, paving way for Agric self-reliance

Sacco ReviewNovember 4, 202505 mins

President William Ruto has officially launched the KenGen–Kaishan Green Ammonia Fertiliser Project in Olkaria, Nakuru County, marking a significant step towards boosting Kenya’s agricultural self-sufficiency and reducing reliance on fertiliser imports. Speaking at the groundbreaking ceremony on Monday, President Ruto emphasized that the project is a testament to Kenya’s ambition to combine renewable energy, innovation,…

CS Kagwe distributes nine milk coolers to farmer producer organizations and institutions in Nakuru

Sacco ReviewOctober 31, 202503 mins

The Agriculture and Livestock Development Cabinet Secretary CS Mutahi Kagwe has distributed nine milk coolers to farmer producer organizations and institutions in Nakuru County. The nine are part of 230 coolers procured through the Livestock Value Chain Support Project (LVCSP) at a cost of Ksh 1.2Billion. Speaking when he presided over the 69th Graduation Ceremony…

CS Kagwe calls for affordable, long-term financing for farmers through agriculture fund

Sacco ReviewOctober 30, 202505 mins

The Ministry of Agriculture and Livestock Development Cabinet Secretary, CS Mutahi Kagwe has called for a paradigm shift in agricultural financing, urging financial institutions to move away from short-term, high-interest lending and adopt long-term, low-interest facilities tailored to farmers’ realities. Speaking at the 8th World Congress on Rural and Agricultural Financing hosted by African Rural and…

Africa International Agriculture Expo 2025 kicks off in Nairobi

Sacco ReviewOctober 28, 202503 mins

The 2025 Africa International Agriculture Expo (AIAE) has officially begun at the Kenyatta International Convention Centre (KICC) in Nairobi, Kenya. This landmark event running from October 28 to 31, 2025, aims to boost agricultural productivity across Africa by showcasing the latest innovations in precision farming, agri-finance, and other technologies. Speaking during the official opening, Principal…

KTDA suspends staff travel, training amid outcry over shrinking farmer bonuses

Sacco ReviewOctober 28, 202503 mins

The Kenya Tea Development Agency (KTDA) has suspended all staff travel, off-site meetings, and training activities across its subsidiaries in a sweeping cost-cutting directive aimed at tightening governance and responding to mounting pressure over reduced farmer bonuses. In an internal memo, dated October 21, 2025, the agency circulated to all general managers, department heads, and…

SASRA threatens lifetime ban for Sacco auditors over delayed reports

Sacco ReviewOctober 28, 202505 mins

The Sacco Societies Regulatory Authority (SASRA) has issued a stern warning to external auditors who fail to submit mandatory statutory reports on time, saying they risk permanent deregistration and a lifetime ban from auditing any cooperative institution in Kenya. In a circular released this week, SASRA revealed that several audit firms had either failed to…

SASRA licenses more SACCOs to operate in Kenya to boost Cooperative sector

Sacco ReviewOctober 28, 202503 mins

The Sacco Societies Regulatory Authority (SASRA) has given the nod to more savings and credit cooperative organizations (SACCOs) to operate in Kenya, signaling continued growth in the country’s cooperative financial sector. According to Kenya Gazette Notice No. 15383 published on October 24, SASRA authorized additional SACCOs to engage in both deposit-taking and specified non-deposit-taking business…