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

KUSPAW calls for nationwide strike over KSh1.9 billion unpaid arrears at leased sugar mills

Sacco ReviewDecember 20, 202504 mins

The Kenya Union of Sugarcane Plantation and Allied Workers (KUSPAW) has announced a nationwide strike from Monday, citing the government’s failure to settle salary and terminal benefits arrears owed to workers at leased state-owned mills, estimated at about KSh1.9 billion. Union Secretary General Francis Wangara said employees at Muhoroni, Chemelil, Nzoia and Sony Sugar will…

Baringo leaders praise government for restoring peace, set sights on development

Sacco ReviewDecember 20, 2025December 20, 202505 mins

Leaders in Baringo County have commended the government for restoring peace in areas once plagued by banditry and cattle rustling, saying the calm has opened the door for renewed investment and socio‑economic growth. Governor Benjamin Cheboi, speaking at the Kabarnet Museum grounds, said insecurity had for years denied residents the chance to enjoy development and…

KWS banks on new technology to secure wildlife and boost tourism

Sacco ReviewDecember 20, 202508 mins

The government has intensified the use of advanced technology and elite ranger units to strengthen wildlife protection and safeguard tourism, as Kenya Wildlife Service (KWS) rolls out extensive reforms aimed at improving security, conservation outcomes and visitor confidence. Speaking on Friday during the passing-out parade of KWS cadet officers at the KWS Law Enforcement Academy…

CEOs and CFOs to sign SACCOs audited accounts as SASRA tightens accountability

Sacco ReviewDecember 20, 2025December 20, 202506 mins

Chief Executive Officers (CEOs) and Chief Finance Officer or Finance Manager (CFO or FM) of Savings and Credit Cooperative Organisations (SACCOs) must now sign audited financial statements alongside authorized board signatories, a move aimed at cementing personal and collective responsibility for financial reporting in the cooperative sector. The Sacco Societies Regulatory Authority (SASRA) announced the…

Kenya Sugar Board moves to avert strike with pledge on workers’ arrears

Sacco ReviewDecember 20, 202505 mins

The Kenya Sugar Board (KSB) has stepped in to ease mounting labour unrest in the sugar sector, promising prompt payment of arrears to cane workers after the Kenya Union of Sugarcane Plantation and Allied Workers (KUSPAW) threatened a nationwide strike. KSB Chief Executive Officer Jude Chesire said the government is working to ensure that workers…

Meru residents celebrate appointment of county water CECM Baptista Kanyaru to Family Bank Board

Sacco ReviewDecember 20, 202504 mins

Meru residents and leaders have welcomed the appointment of County Executive Committee Member (CECM) for Water, Baptista Muriki Kanyaru, to the board of Family Bank of Kenya. The bank announced that Kanyaru’s entry into its board is expected to strengthen governance, strategy, and regulatory compliance as the institution expands its footprint in the country’s banking…

Tongoyo hails youth employment push as government links graduates to jobs at home and abroad

Sacco ReviewDecember 20, 202504 mins

Narok West Member of Parliament Gabriel Tongoyo has praised government initiatives aimed at expanding employment opportunities for young people, saying the programmes are beginning to yield results. He noted that while unemployment remains a major national challenge, an increasing number of youths are benefiting from targeted interventions. Speaking at a graduation ceremony at Maasai Mara…

Farmers shift to family and digital lenders as bank, SACCO credit drops despite CBK easing

Sacco ReviewDecember 19, 202504 mins

Kenyan farmers are increasingly ditching banks and SACCOs in favour of borrowing from family, friends and digital lending platforms, even as conventional borrowing costs fall. The latest Agriculture Sector Survey by the Central Bank of Kenya (CBK) shows a clear pivot toward informal and tech‑enabled credit, underscoring changing preferences and risk dynamics in agricultural financing….

State reaffirms commitment to strengthening teachers’ SACCOs

Sacco ReviewDecember 18, 2025December 18, 202506 mins

The government has reaffirmed its commitment to strengthening teachers’ SACCOs as part of wider efforts to build a stable, transparent and well-regulated cooperative sector that safeguards members’ savings and supports inclusive economic growth. Cabinet Secretary for Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development, Wycliffe Oparanya, gave the assurance during a high-level meeting with…

Transforming SACCOs through community-driven innovation

Sacco ReviewDecember 18, 2025010 mins

In the heart of our communities, where families save for school fees, businesses borrow to grow, and neighbours pool resources for a better tomorrow, Savings and Credit Cooperatives (SACCOs) stand as pillars of financial hope. Yet, too often, the voices of those who live and breathe these realities are drowned out by top-down policies and…