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President Ruto commends cooperative sector, highlights key achievements during Ushirika Day 2025

Sacco ReviewJuly 15, 2025010 mins

President William Ruto has commended the cooperative sector for creating jobs, enhancing rural livelihoods, and unlocking the full potential of the country’s economic growth as he highlight key achievements in the sector through his administration. In his speech read by Prime Cabinet Secretary Musalia Mudavadi during International Cooperative Day Celebrations at KICC, Nairobi on 12th…

Government approves Ksh6.6 billion debt waiver for coffee cooperatives

Sacco ReviewJuly 15, 202503 mins

The government has approved a Ksh6.6 billion debt waiver for coffee cooperative societies in coffee-growing counties, aiming to relieve farmers of long standing financial burdens. President William Ruto made the announcement through a speech delivered by Prime Cabinet Secretary Musalia Mudavadi during the 103rd Ushirika Day Celebrations at the Kenyatta International Convention and Conference Centre…

Ushirika Day 2025: Ruto commends Sacco stakeholders’ contribution to economic growth

Sacco ReviewJuly 14, 2025July 14, 202503 mins

President William Ruto has commended stakeholders, leaders, practitioners, and cooperators for their unwavering dedication and exceptional contribution to Kenya’s socioeconomic advancement through the cooperative model. In a speech read by Prime Cabinet Secretary Musalia Mudavadi during International Cooperative Day Celebrations at Kenyatta International Convention Centre (KICC), Nairobi on July 12, 2025 the president said is…

Government calls for structured cooperative savings to shield economy from political instability

Sacco ReviewJuly 14, 202505 mins

The government has called on Kenyans to embrace structured cooperative savings and move away from traditional fundraising practices, warning that ongoing political uncertainty threatens the stability of foreign investment. Speaking during the 103rd Ushirika day celebration at Kenya International Conference Center, (KICC) the Prime Cabinet Secretary Musalia Mudavadi emphasized that cooperatives offer a more stable…

Government injects Ksh400M to stabilize milk prices and support dairy farmers

Sacco ReviewJuly 14, 202504 mins

The government has unveiled a comprehensive intervention to cushion dairy farmers from market unpredictability by allocating Ksh400 million to stabilize milk prices and safeguard farmer incomes. The announcement was delivered by Prime Cabinet Secretary Musalia Mudavadi on behalf of President William Ruto during the 103rd Ushirika Day celebrations at KICC on July 12, 2025. In…

Gov’t embarks on comprehensive review of Sacco legal framework to restore accountability

Sacco ReviewJuly 13, 2025July 13, 2025010 mins

The government has embarked on an evaluation of the Sacco Societies Act 2008 in order to strengthen and restore trust, transparency and accountability in the cooperatives sub-sector. While delivering a speech on behalf of President William Ruto during Ushirika Day celebrations on July 11, at KICC, Prime Cabinet Secretary Musalia Mudavadi said, the reforms further…

NCE halts implementation of direct payment model to farmers

Sacco ReviewJuly 11, 202503 mins

Nairobi Coffee Exchange (NCE) has put on hold implementation of the direct payment models to the coffee farmers on a weekly basis. The move to transition to the farmer direct payment model from the Direct Settlement Systems, (DSS) that remitted the coffee proceeds through the cooperative societies, was ordered to be suspended by the NCE Acting…

National Ushirika Day celebrations council announces change of venue for the 2025 celebration

Sacco ReviewJuly 10, 202504 mins

The National Ushirika Day Celebrations council through the chairman Macloud Malonza has announced a change of venue for their upcoming festivities. Originally scheduled to take place at the Kenyatta International Convention Centre (KICC), the celebrations will now be held at Uhuru Park Grounds on Saturday, July 12, 2025. This crucial update was communicated through a…

Coffee farmers oppose Direct Payment System amid government directives

Sacco ReviewJuly 4, 2025July 9, 202508 mins

The government has accelerated coffee reforms, focusing on diverting payment points to the Direct Settlement System (DSS), which has met strong resistance. President William Ruto, during his Mt. Kenya Development tour two months ago, stirred controversy when he announced that from June, coffee proceeds would be remitted directly to farmers, bypassing cooperative society management committees….

Kenyan Coops yet to enter Healthcare business, despite a glaring niche

Sacco ReviewJuly 4, 202507 mins

Within Kenya’s healthcare system lies a growing threat: medical debt. Many households, particularly those in low-income brackets, struggle to pay their medical bills, often forced to choose between their health and financial stability. This presents a critical opportunity for cooperative societies to step in by running health facilities or offering medical insurance cover or credit…