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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…

Kenyans receiving services at the Kenya Revenue Authority headquarters. PHOTO/KRA

KRA warns businesses to vet suppliers after court upholds Ksh773M missing‑trader tax case

Sacco ReviewDecember 12, 202505 mins

The Kenya Revenue Authority (KRA) has urged businesses across the country to strengthen their due diligence processes and transact only with credible suppliers, following a recent High Court ruling that reinforced efforts to dismantle the growing missing‑trader scheme. Speaking during a leadership forum, Commissioner General Humphrey Wattanga said the fraudulent scheme continues to undermine fair…

Kisumu county moves to restore order at Kibuye Market, shifts to appointed leadership

Sacco ReviewDecember 12, 202504 mins

The Kisumu County Government has announced major reforms aimed at restoring order at the troubled Kibuye open-air market, with officials confirming that leadership positions at the facility will now be filled through appointments rather than elections. Kisumu Central Sub-County Ward Administrator Peter Abiero said the decision is intended to end years of chaos, conflict, and…

Taita Taveta, Kajiado and Makueni Residents to Wait Longer for Park Revenue Share

Sacco ReviewDecember 12, 202509 mins

Residents of Taita Taveta, Kajiado and Makueni counties will have to wait longer to benefit from revenue sharing arrangements with Tsavo National Park. President William Ruto disclosed this on Tuesday during the launch of what is now the world’s largest rhino sanctuary. The President revealed that an earlier promise to share park revenues with local…