Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
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….
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…
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…
The Migori County Department of Agriculture, Livestock and Fisheries Development has issued an urgent call for applications from Micro, Small and Medium Enterprise (MSME) clusters seeking co-investment support under the Kenya Jobs and Economic Transformation (KJET) Project. With less than 2 weeks left before the December 31 deadline, the department is urging cooperatives, associations, self-help…
The government has renewed its push to revive Kenya’s coffee sector following a high‑level National Steering Committee Retreat held at the SEO Hotel in Machakos. The meeting brought together members of the Coffee Revival Steering Committee and key industry stakeholders for intensive, solution‑driven discussions. The retreat was opened by Patrick Kilemi, Principal Secretary in the…
Equity Bank has launched an upgraded digital banking platform for enterprises, marking a significant step in the sector’s shift toward faster, technology-driven financial services as Kenya’s economy becomes increasingly digital. The platform, Equity Online for Business, replaces the former EazzyBiz system and is designed to improve how businesses manage payments, cash flow and account administration….
Muka Mukuu Farmers’ Cooperative Society has entered into negotiations with the National Museums of Kenya to transform the historic Macmillan Castle in Matungulu Sub‑county into a tourist attraction that could generate revenue for its members. Speaking during the society’s Annual General Meeting, Chairman Dominic Nthwao said the discussions are progressing well but urged members to…
Kisumu Governor Prof. Peter Anyang’ Nyong’o says the lakeside city is accelerating its transformation into a regional investment and logistics hub, backed by expanding aviation infrastructure and growing connectivity within the East African market. In remarks delivered on his behalf by Deputy Governor Dr. Mathew Owili during the launch of Safarilink’s inaugural Kisumu–Entebbe flight, Nyong’o…
Machakos Deputy Governor Francis Mwangangi has called on Kenyans studying and working abroad to channel more investments back home and use their influence to demand better governance. He said the diaspora community remains one of the country’s most important development partners and should play a more active role in shaping Kenya’s economic future. Speaking in…
Kenya’s tax system is narrowing income inequality but simultaneously pushing more households into poverty, a new analysis by the Kenya Institute for Public Policy Research and Analysis (KIPPRA) has revealed. The findings paint a picture of a tax‑and‑spend framework that appears progressive on paper yet leaves many Kenyans worse off in practice. According to the…
