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

Supreme Court overturns an Appellate Court verdict that declared the Finance Act 2023 unconstitutional

Sacco ReviewOctober 31, 202404 mins

The Supreme Court overturned an Appellate Court verdict that had declared the Finance Act 2023 Unconstitutional. This followed the successful appeal filed at the Supreme Court by the Cabinet Secretary for National Treasury, the Attorney General and the National Assembly and the Kenya Revenue Authority, challenging the July 31st 2024 Court of Appeal’s judgment declaring…

Ownership Battle: Who really owns the Trans-Elite Savings Sacco Plaza?

Sacco ReviewOctober 31, 202405 mins

Confusion surrounds the ownership of the Trans-Elite Savings and Credit Cooperative Society Plaza in Kapsabet town, Nandi County, with current officials claiming ownership leaving the question, Who really owns the Trans-Elite Savings Sacco Plaza? Sacco Chair Alfred Ngetuny said they bought the plaza using a bank loan, dismissing claims by some former members claiming to…

Govt investigates rogue mining operations amid residents’ health concerns in Kilifi

Sacco ReviewOctober 28, 202406 mins

Residents of Kilifi County especially those residing in mining-dominated areas have in the recent past come out to air their dissatisfaction with the operations of some investments in the area. The move has forced the Cabinet Secretary for Mining and Blue Economy Ali Hassan Joho and the National Assembly departmental committee on Environment, Forest and…

Umoja Wendani Housing tops the property segment at Ushirika Day Awards

Sacco ReviewOctober 25, 202406 mins

Umoja Wendani Housing Co-operative emerged the top player in the recent Ushirika Day Awards Gala, taking first position in the Best Managed Housing Cooperative, Most Improved, and Best in Investments categories of recognitions. The society, established in 2012 to cater for the housing needs of Umoja Wendani Sacco members, was also second in Best in…

Tower Sacco deposits hit 21B to move 3 places up the overall rankings

Sacco ReviewOctober 25, 2024October 25, 202405 mins

Tower Sacco’s share capital and deposits increased by over Ksh3 billion in the last eight months to move from position 8 to 5 in a pool of 174 deposit-taking Saccos. According to Sacco Society Regulatory Authority (SASRA) in its Annual Sacco Supervisory Report 2023 which was released recently, the Sacco was ranked fifth under Large…

Kilifi to employ 80 Irrigation Extension Service Officers to enhance service delivery to Farmers

Sacco ReviewOctober 25, 202405 mins

Kilifi county government will soon employ 80 Irrigation Extension Service Officers to boost food crop production in the region, Sacco review has reliably established. The Ministry of Agriculture needs huge budget to enable it to fight food insecurity in the region. The budget allocation for 2023 was Ksh 130 million which was not enough to…

Taifa Sacco unveils state-of-the-art headquarters in golden jubilee celebrations

Sacco ReviewOctober 24, 2024October 24, 202404 mins

Nyeri-based Taifa Sacco yesterday celebrated the opening of its state-of-the-art headquarters as part of its Golden Jubilee festivities. The day’s events were marked by pomp and color, beginning with a thanksgiving service at ACK Church in Nyeri. Nyeri County Governor, Dr. Mutahi Kahiga, who officiated the event, hailed the new headquarters as the start of…

Lamu County welcomes six new cooperative societies to boost economic development

Sacco ReviewOctober 24, 202404 mins

Some six cooperative societies have been registered in Lamu County by the Cooperative Development Ministry, Sacco Review has reliably established. Speaking to Sacco Review from Lamu town recently, Lamu County Cooperative Director, Mr. Paul Thauri revealed that the county is currently in the process of registering more Cooperative societies to enable county residents to join…

East African Breweries introduces profitable sorghum farming project to Gem constituency

Sacco ReviewOctober 23, 202404 mins

Over 1000 villagers in some parts of Gem Constituency are now set to benefit from a partnership with East African Breweries (EABL) where the locals will engage in Sorghum farming. EABL has been undertaking a pilot project where farmers reaped sh 3 million from Sorghum farming out of the 75 tones harvested. An EABL field…

Wetangula appoints members to committee on mung beans and equalization, appropriation bill

Sacco ReviewOctober 22, 202405 mins

Speaker of the National Assembly, Hon. Moses Wetangula has appointed members of the National Assembly to mediation committees The Mung Beans Bill and The Equalization Fund Appropriation. The Mung Beans Bill (Senate Bill No. 13 of 2022) seeks to provide a framework for the regulation and promotion of the mung bean industry in Kenya. While…