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KRA scales up tax education to build early compliance culture among youth

Sacco ReviewDecember 16, 202503 mins

The Kenya Revenue Authority (KRA) has intensified efforts to nurture a culture of tax compliance among young people, saying early awareness is key to building a responsible and informed taxpayer base. Current data shows that individuals aged between 21 and 30 years make up 42 per cent of registered taxpayers. Speaking during a public lecture…

Government urged to clear pending bills to ease cash crunch and revive economy

Sacco ReviewDecember 16, 202504 mins

Business leaders are calling on the government to prioritize the payment of pending bills, warning that delays have worsened the cash crunch affecting companies and slowed economic activity across the country. They argue that settling outstanding dues owed to contractors and suppliers would inject much‑needed liquidity into the economy and help struggling enterprises recover. Speaking…

Coffee theft returns to Kangema as 15 bags vanish in dawn raid

Sacco ReviewDecember 16, 202503 mins

Panic has gripped coffee farmers in Kangema, Murang’a after a gang broke into Marimira Coffee Factory and made away with 15 bags of coffee in what locals believe was a carefully planned inside job. The incident has revived fears of renewed thefts at a time when prices at the Nairobi Coffee Exchange are rising. The…

Cabinet approves KSh9.7 billion livestock value chain project to revamp dairy and cereal sectors

Sacco ReviewDecember 16, 202505 mins

The Cabinet has approved a KSh9.7 billion Livestock Value Chain Support Project (LVSP), a new programme aimed at improving dairy productivity, reducing post-harvest losses, and increasing farmer incomes across the country. The project is funded by the Government of Kenya and supported by a tied-aid credit agreement from the Polish Government. According to the Ministry…

Yetu DT Sacco unveils five‑year plan to grow into a KSh20 billion institution

Sacco ReviewDecember 15, 202504 mins

Yetu DT Sacco has unveiled an ambitious five‑year expansion strategy aimed at transforming the cooperative into a KSh20 billion institution through infrastructure upgrades, digital innovation and community‑driven investments. The plan was announced recently during a Special General Meeting held at the Yetu Pamoja Investment Park in Nkubu, South Imenti constituency. Chief Executive Officer Dennis Kirimi…

Nationwide MSME training programme concludes as 94 business clusters begin mentorship phase

Sacco ReviewDecember 15, 202504 mins

The Micro and Small Enterprises Authority (MSEA) has completed nationwide classroom training for the first cohort of its Business Development Services (BDS) programme, marking a major milestone in efforts to strengthen small businesses under the Kenya Jobs and Economic Transformation (KJET) Project. The five‑week training, which began on November 10, 2025, reached 94 MSME clusters…

SACCO assets surge past KSh 1.16 trillion as risky lending outpaces member savings

Sacco ReviewDecember 15, 202505 mins

The SACCO sector is recording strong growth, but the expansion is increasingly being driven by aggressive lending rather than fresh savings, even as bad loans remain stubbornly high. New data from the sector show that while assets and credit are rising at a double‑digit pace, the quality and structure of that growth are tightening pressure…

SACCO industry defies economic pressures, records robust Q3 growth

Sacco ReviewDecember 14, 202509 mins

According to the latest Sacco Industry Quarterly Statistical and Soundness Report for Quarter Three (Q3)- September 2025, released by the Sacco Societies Regulatory Authority (SASRA), the regulated Savings and Credit Cooperative (SACCO) industry has maintained strong growth, showcasing notable improvements across key performance indicators. This comprehensive report highlights the sector’s resilience, with total assets reaching…

Land, school fees and agriculture loans drive SACCO lending surge in Q3 of 2025

Sacco ReviewDecember 12, 202506 mins

Data from the SACCO Societies Regulatory Authority (SASRA) shows that SACCOs channelled most of their lending toward land purchases, school fees and agriculture in the three months to September 2025, making the three sectors the biggest beneficiaries of credit demand among members. This accounted for more than 65 per cent of all loans issued by…

KRA announces key executive appointments to drive digital and policy reforms

Sacco ReviewDecember 12, 202506 mins

The Kenya Revenue Authority (KRA) has announced two major executive appointments approved by its Board, marking a significant step in the agency’s ongoing organisational transformation, technology modernisation, and evidence‑driven tax policy agenda. The appointments, which take effect on 12th January 2026, are expected to strengthen KRA’s leadership capacity as it accelerates reforms across its operational…