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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,…

KUSCCO proposes amendments of Tax Act to provide uniform tax for all SACCOs

Sacco ReviewJanuary 6, 202604 mins

Kenya Union of Savings & Credit Co-operatives (KUSCCO) has submitted policy proposals to the National Treasury aimed at strengthening SACCOs and protecting member welfare. Among the proposals is the amendment of Section 19A of the Income Tax Act (ITA) to provide a uniform tax treatment for all types of cooperatives societies, recognizing their shared goals…

LBDA positions itself as driver of economic growth

Sacco ReviewJanuary 3, 202605 mins

The Lake Basin Development Authority (LBDA) has declared itself a key engine of economic growth, following a strong performance in 2025 that saw gains in revenue, agriculture and institutional ventures. Managing Director Wycliffe Ochiaga said the authority’s improved outlook was anchored on aligning its programmes with the national Bottom‑Up Economic Transformation Agenda, a move that…

Cane farmers praise President Ruto’s efforts to revive sugar sector

Sacco ReviewJanuary 3, 202603 mins

Cane farmers across Kenya have commended President William Ruto for his commitment to revamping the sugar sector, noting that his reforms are already bearing fruit. Led by Kenya National Federation of Sugar Cane Farmers Secretary General Killion Osur Anyango, the farmers said the president’s initiatives must be supported by other industry players to ensure smooth…

Tala CBO eyes micro-finance transformation to empower community

Sacco ReviewJanuary 3, 202603 mins

Upper Manza Focus Community-Based Organization in Tala has announced plans to transform into a micro‑finance institution by 2026, a move aimed at shielding members from predatory loans and creating new growth opportunities. The CBO, which has steadily expanded its membership over the years, currently operates through table banking, offering loans to members. Chairman Nicholas Kyalo…

KTDA dismisses social media claims, affirms tea factories’ financial stability

Sacco ReviewJanuary 3, 202604 mins

The Kenya Tea Development Agency (KTDA) has assured more than 650,000 smallholder tea farmers that all factories under its management remain financially sound, dismissing social media reports suggesting otherwise as misleading and malicious. In a statement released Friday, the agency termed claims that some factories are borrowing to survive or facing auctioneer threats as “false…

Speaker Wetang’ula pledges to champion coffee farming revival in Bungoma

Sacco ReviewDecember 26, 202503 mins

The Coffee Revival Movement has recently gained fresh momentum in Western Kenya after National Assembly Speaker Moses Wetang’ula committed to supporting the KahawaNiDollar campaign. Addressing residents in Bungoma County, Wetang’ula pledged to spearhead efforts to restore coffee farming as a central economic pillar, urging communities to re-embrace the crop and revive its former glory. He…

Revealed: how officials linked to KSh117m Kangunu scandal registered Marga Coffee Society

Sacco ReviewDecember 24, 202504 mins

A new investigative report has revealed how officials previously implicated in the loss of KSh117 million at Kangunu Farmers’ Cooperative Society resurfaced to form a new coffee society in Murang’a County, engaging in coffee hawking and other irregularities, raising alarm over regulatory oversight and farmer protection. The Marga Farmers’ Cooperative Society, registered last year in…