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

Murkomen pledges action over fishermen harassment on Lake Victoria

Sacco ReviewJanuary 22, 202605 mins

Interior Cabinet Secretary Kipchumba Murkomen has promised to address growing complaints from local fishermen, who decried harassment and robbery by foreign security agencies while fishing on the shared waters of Lake Victoria. Murkomen said with a firm assurance that Kenya’s maritime and inland water security was now a government priority. “Remember that we already have an…

Government unveils tax reforms to boost agricultural exports

Sacco ReviewJanuary 22, 202603 mins

The government has announced wide-ranging tax and regulatory reforms aimed at strengthening Kenya’s export-led growth strategy, with a particular focus on agricultural exporters. The measures are contained in the Finance Bill 2026, which is set to be tabled in Parliament in March. Speaking at the launch of Flamingo Group Investments’ Ksh2 billion expansion project in…

President Ruto defends Nyota Youth Programme, warns against bribery

Sacco ReviewJanuary 22, 202604 mins

President William Ruto has defended the Nyota Youth Programme, saying it is a free government initiative designed to empower grassroots youth across the country by equipping them with skills, tools, and capital to start and grow businesses. Speaking during a public engagement, the President warned that any official demanding bribes for enrolment would face legal…

State allays fears over proposed small SACCOs mergers, says members’ savings won’t be undermined

Sacco ReviewJanuary 21, 202604 mins

The government has sought to allay fears among low-income and small cooperative societies, assuring them that proposed mergers with larger Savings and Credit Cooperative Organisations (SACCOs) will not threaten their stability or members’ savings. Cooperatives Principal Secretary Patrick Kilemi said the reforms are intended to stabilise the SACCO sector, improve governance and enhance performance through…

CBK backs plan to sell 15% safaricom stake to fund infrastructure

Sacco ReviewJanuary 21, 202605 mins

Central Bank of Kenya (CBK) Governor Dr. Kamau Thugge has defended the government’s proposal to sell a 15 per cent stake in Safaricom PLC, describing it as an innovative financing option aimed at supporting infrastructure development without increasing public debt. Appearing before lawmakers, Dr. Thugge said the proposed divestiture would have a positive macroeconomic impact,…

CS Kagwe opposes bid to merge human and veterinary medicines

Sacco ReviewJanuary 20, 2026January 24, 202603 mins

Agriculture Cabinet Secretary and Senator Mutahi Kagwe has opposed proposals before the Kenyan Parliament and the East Africa Legislative Assembly (EALA) seeking to merge the regulation of human and veterinary medicines, warning that the move could undermine public health, food safety and livestock production. Speaking during a visit to the Veterinary Medicines Directorate (VMD), Kagwe…

Kenya, IFAD initiate Ksh 600 million EU funded program to boost soil health, agriculture

Sacco ReviewJanuary 17, 202607 mins

The government, in partnership with the International Fund for Agricultural Development (IFAD), has initiated a Ksh600 million European Union–funded programme aimed at restoring soil health and boosting agricultural productivity for 40,000 smallholder farmers across six counties. The €4.3 million (about Ksh600 million) European Union grant will support integrated soil fertility management, soil testing, agroecological training,…

SACCO Sub-Sector: Achievements, lost chances, challenges and 2026 outlook

Sacco ReviewJanuary 16, 2026013 mins

As the new year begins, this publication takes stock of achievements by Kenya’s vibrant Sacco Sub sector, some of the missed opportunities and what lies ahead. While financial cooperatives are still locked out of the National Payments System and lack an inter-lending facility, they have been able to ride on technology and other delivery channels…

US tariffs threat risk Kenya- Iran tea trade

Sacco ReviewJanuary 13, 202604 mins

Kenya- Iran tea trade has been shaken following the US President Donald Trump’s threat to slap a 25 per cent tariff on any country trading with Iran. The country is set lose more as Tehran has been a prolific tea importer and a strategic security partner of Washington, in an awkward bind. “Effective immediately, any…

SASRA sets March 15 deadline for SACCOS to submit audited accounts

Sacco ReviewJanuary 10, 202603 mins

The government, through the Sacco Societies Regulatory Authority (SASRA), has directed all Savings and Credit Cooperative Organisations (SACCOs) to submit their audited financial statements by March 15, 2026, as part of regulatory compliance measures. In a notice issued on January 9, SASRA said the submission window will run from January 1 to March 15, 2026,…