Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The 2025 planting season has arrived, and both seed and commercial maize farmers are concerned whether the proceeds from last year’s harvest will sustain production, especially given the recent 30% price increase by seed companies. Seed maize growers, who had already signed contracts with the State-controlled Kenya Seed Company (KSC) for the current season at…
Machakos County Finance Executive Member, Onesmus Kuyu, has refuted claims that Matatu Sacco members have been collecting revenue for onward transmission to the County treasury in violation of regulations. The claims were made by Mua Ward MCA, Mr. Francis Ngunga, while contributing to a motion on the floor of the County Assembly on Tuesday. Mr….
Savings and Credit Cooperative Societies (SACCOs) have, in the recent past, stepped up their digital marketing campaigns, running attractive TV advertisements, updating their websites to make them more interactive, and going big on X, Facebook, and other social media platforms. SACCOs are also investing huge sums of cash to spruce up their online presence. This…
A Foundation seeking to train the youth and Small and Medium Enterprises (SMEs) on entrepreneurship and financial literacy has been unveiled. Munyiri Africa Foundation (MAF) has embarked on a programme aimed at mentoring and imparting relevant knowledge and skills to the youth which will help hone their business skills and start and sustain their business…
Energy and Petroleum Cabinet Secretary James Opiyo Wandayi has revealed that Kenya is intensifying efforts to achieve universal access to clean energy through cogeneration and bioethanol. Wandayi made the announcement at the Cogeneration and Bioethanol Conference in Kisumu. Addressing government officials, industry leaders, and development partners at the event, Wandayi reaffirmed Kenya’s commitment to Sustainable…
In a major boost to financial inclusion and agricultural transformation, the County Government of Busia has disbursed a Ksh. 24.5 million cooperative inclusion grant to 35 Savings and Credit Cooperative Organizations (SACCOs). The grant aims to enhance production and value addition, empowering farmers and agripreneurs across the county. As part of this initiative, the government…
In a strategic move to foster business growth and reduce unemployment, the Kenyan government, through the Central Bank of Kenya (CBK), has implemented a reduction in interest rates. From 11.25% in 2024, the rates have been lowered by 75 basis points to 10.75% in 2025, with an additional 50 basis point cut anticipated. This move…
The Cooperative Bill (National Assembly Bill No. 7 of 2024) has been introduced in the Senate. In a public notice by Senate Clerk J.M. Nyegenye, the public has been asked to participate and share their views on the bill. This bill seeks to establish a legal framework that supports a sustainable and competitive cooperative sector…
In a new bid to boost trade in East Africa, the East African Business Council (EABC) has organized a consultative meeting on the development of the regional services policy advocacy agenda. According to EABC board member Mr. Emmanuel Butare, the platform is key in providing a space for service sector actors to shape a game-changing…
Small and Medium Enterprises (SMEs) in the country are set to benefit from multibillion-dollar warehousing facilities that have opened doors at Tatu City in Ruiru, Kiambu County. The Link Warehousing & Logistics Park is a joint initiative between Tatu City Limited, Chandaria Properties, Mahesh & Tirth Construction, and Steel Structures. It is expected to provide…
