May 2, 2026
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Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

The Leading Newspaper for Co-operative Movement in Kenya

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CS Cooperatives Wycliffe Oparanya ( C) with Commissioner for Cooperative David Obonyo ( l) during leadership forum in Naivasha.
CS Cooperatives Wycliffe Oparanya ( C) with Commissioner for Cooperative David Obonyo ( l) during leadership forum in Naivasha.

Over 10,000 SACCOs face closure for failure to file annual returns

Sacco Review04 mins

The Ministry of Cooperatives and Micro, Small and Medium Enterprises (MSME) Development has issued a stern warning to SACCOs (Savings and Credit Cooperative Societies) that have failed to file their annual returns, confirming that those who remain non-compliant risk having their licenses revoked. Cabinet Secretary  for the Ministry of Cooperatives and MSME Development, Wycliffe Oparanya,…

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Machakos Governor Wavinya Ndeti with Members of her Executive Committee during the launch of the new Valuation Roll outside her office on April 9,2026. Photo/Stephen Muthini.
Machakos Governor Wavinya Ndeti with Members of her Executive Committee during the launch of the new Valuation Roll outside her office on April 9,2026. Photo/Stephen Muthini.

Machakos County lowers land rates as new valuation roll launched

Sacco Review06 mins

It’s relief for Landowners across Machakos following the County Government’s announcement  to significantly reduce land rates from the current 2 per cent to 0.5 per cent in a move aimed at cushioning landowners from paying high land rates. Governor Wavinya Ndeti said the value of land in Machakos had gone up in recent years thus…

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Industry PS Juma Mukhwana speaking during the aunch of the Logistics Study Report by Kenya Association of Manufacturers-Photo|Courtesy

High logistics costs lock SMEs out of AfCFTA markets, manufacturers warn

Sacco Review04 mins

Kenya’s manufacturing sector has sounded the alarm over crippling logistics bottlenecks that continue to erode competitiveness and block small and medium-sized enterprises (SMEs) from fully benefiting from the African Continental Free Trade Area (AfCFTA). The concerns were raised during the launch of the Logistics Study Report by the Kenya Association of Manufacturers (KAM), which revealed…

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CAK Chief Executive Officer Daniel Marube

Proposal to rebrand SACCOs into credit unions as part of co-op sector reforms

Sacco Review04 mins

Kenya’s cooperative movement is staring at a historic transformation, with sector leaders deliberating over a proposal to rebrand SACCOs as credit unions, a move described as largely semantic but symbolically weighty in a country where SACCOs remain deeply embedded in the financial lives of millions. The discussions took place during the Leadership, Ethics and Strategic…

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PS State Department for Cooperatives, Patrick Kiburi Kilemi with Meru Governor Rev. Isaac Mutuma and other officers during distribution of coffee seedlings last year. Photo/File

Meru pushes youth into coffee farming as county targets production revival

Sacco Review05 mins

Meru County leaders and industry stakeholders are urging farmers to open up their land to young people in a bid to revive coffee production, which has been on a steady decline for decades. The call comes amid government-backed programmes aimed at restoring the crop’s former glory and securing its future. Charles Mutwiri Mkarimu, a member…

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Why income from SACCO non-core activities should not be taxed

Sacco Review09 mins

A Professional Perspective from the Cooperative Movement Savings and Credit Cooperative Societies (SACCOs) have long been recognised as vital pillars in Kenya’s financial ecosystem. This is true to date. Under the Bottom-Up Economic Transformation Agenda (BETA), SACCOs are not merely financial intermediaries but grassroots economic engines that mobilise savings, deepen financial inclusion, and empower millions…

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Liquidation: The silent destroyer of cooperatives’ dreams

Sacco Review06 mins

For many Kenyans, especially in rural and peri-urban areas, cooperative societies are more than just financial institutions, they are lifelines. They represent hope, collective strength, and a pathway to economic empowerment. Yet, when liquidation strikes, it often leaves behind a trail of broken dreams, financial loss, and shattered trust. Liquidation, the formal process of closing…

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CS Cooperatives Wycliffe Ambetsa Oparanya in meeting with officials from the World Bank Group at the Delta Centre in Nairobi last year.
CS Cooperatives Wycliffe Ambetsa Oparanya in meeting with officials from the World Bank Group at the Delta Centre in Nairobi last year.

World Bank warns of economic slowdown and rising inflation in Kenya amid geopolitical tensions

Sacco Review05 mins

The World Bank has issued a stark warning regarding the potential impact of escalating geopolitical tensions, particularly the ongoing conflict involving Iran, on African economies. In a statement released on Wednesday, April 8, 2026, the global financial institution cautioned that the crisis could lead to higher inflation and slower economic growth across the continent, with…

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Gersthofen First Mayor Michael Wörle and Kisumu Deputy Governor Mathew Owili during the project launch. It will be managed by Kisumu Water and Sanitation Company (KIWASCO) and is expected to expand access to clean piped water in Kisumu West.

German-Kisumu partnership brings water relief to 800 homes in Chulaimbo

Sacco Review05 mins

A partnership between Gersthofen and Kisumu County has delivered a Sh5 million water project set to benefit at least 800 households in Chulaimbo. The project, launched on Wednesday by Gersthofen First Mayor Michael Wörle and Kisumu Deputy Governor Mathew Owili, will be managed by Kisumu Water and Sanitation Company (KIWASCO) and is expected to expand…

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An image depicting AI. The guidance, developed for credit unions globally by the World Council of Credit Unions (WOCCU), outlines in a white paper how financial cooperatives can integrate AI responsibly. Image/Courtesy

WOCCU guidelines on use of AI in Saccos

Sacco Review08 mins

Savings and credit co-operatives (Saccos) have received a roadmap for adopting artificial intelligence (AI) tools as the sector explores how emerging technologies could improve efficiency, risk management and member services. The guidance, developed for credit unions globally by the World Council of Credit Unions (WOCCU), outlines in a white paper how financial cooperatives can integrate AI…

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