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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Mobile Money transfer
A photo showing two people using Mobile Money transfer. Photo Courtesy

Report: Mobile money loans surge in Kenya amidst growing financial inclusion

Sacco Review06 mins

A new report by the Global System for Mobile Communications Association (GSMA) has highlighted a significant shift in Kenya and Sub-Saharan Africa, where mobile money has become the preferred source of borrowing for many adults. GSMA’s State of Industry report indicates that the region is driving a major expansion of mobile money accounts, which now…

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KUSCCO pushes for tax relief on SACCO transactions in 2026/27 budget submissions

Sacco Review04 mins

Members of Savings and Credit Cooperative Organisations (SACCOs) could soon enjoy significant tax relief if proposals presented to the National Treasury are adopted in the upcoming 2026/27 national budget. The Kenya Union of Savings and Credit Co-operatives (KUSCCO) has urged the Treasury to scrap excise duty on member-based transactions, arguing that the levy unfairly penalises…

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Sacco
MP Kimani Ichung’wah during a past event. He has proposed Mega Sacco that would pool funds from existing SACCOs.

Mega SACCO proposal sparks uproar as cooperative principles take centre stage

Sacco Review06 mins

A legislative proposal by Kikuyu Member of Parliament (MP) Kimani Ichung’wah to establish a “Mega Sacco” that would pool funds from existing Savings and Credit Cooperative Organizations (SACCOs) has ignited intense public debate, exposing deep tensions between state-driven financial consolidation and the foundational philosophy of the cooperative movement. At the heart of the proposal lies…

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Agriculture CS Mutahi Kagwe speaking in Embu. Photo Courtesy

Kenya tea earns Ksh218.78B in 2025 exports as market, volumes grow amid global disruptions

Sacco Review04 mins

Kenya’s tea industry has recorded a strong recovery, posting Ksh 218.79Billion in total marketed value in 2025, driven by reforms, market expansion, and a renewed focus on higher farmer earnings and global competitiveness. Speaking at Rukuriri Tea Factory in Embu County during the release of the 2025 Tea Industry Performance Report, the Agriculture Cabinet Secretary…

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LBDA and The Hive Ltd officials during the MoU signing and launch of the Beekeeping project in Kisumu. Photo Courtesy

LBDA, The Hive Ltd partner to implement beekeeping project in Homa Bay

Sacco Review06 mins

The Lake Basin Development Authority (LBDA) has partnered with The Hive Limited to implement a beekeeping project targeting more than 600 farmers in Homa Bay County. The deal, signed at LBDA headquarters in Kisumu County, seeks to support beekeepers operating within Wire Forest under the Wire Forest Management Association (WIFOMA), with a focus on boosting…

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KRA Commissioner General Humphrey Wattanga (centre) alongside other KRA officials during the launch of WhatsAPP filling solution. Photo by Fredrick Odiero

KRA launches innovative WhatsApp filing solution to simplify tax compliance

Sacco Review04 mins

The Kenya Revenue Authority (KRA) has officially launched a new WhatsApp filing solution, marking a significant milestone in the Authority’s journey toward digital transformation and customer-focused tax reforms. Speaking during a press briefing, KRA Commissioner General Humphrey Wattanga emphasized the Authority’s commitment to providing simplified, efficient, and inclusive tax solutions that drive domestic revenue growth….

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DTA Kisii Branch Coordinator Moses Okemwa. Photo by Enock Okong'o

Tourism stakeholders ask Govt to harmonize multiple licenses hurting businesses

Sacco Review03 mins

The Domestic Tourism Association (DTA) has called on both the National and County Governments to consider consolidating and harmonizing all licenses and regulatory requirements within the hospitality and tourism sector. Kisii Branch Coordinator Moses Okemwa said that currently the industry players are burdened by multiple licensing processes across different government agencies at both levels; often…

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Cooperatives Principal Secretary Patrick Kiburi Kilemi

Government launches crackdown on Sacco boards over misuse of members’ savings

Sacco Review04 mins

The government has announced a sweeping crackdown on Sacco boards accused of misusing members’ deposits through lavish foreign trips, manipulation of financial statements, and unsustainable borrowing practices. Cooperatives Principal Secretary Patrick Kilemi, speaking during the Harambee Sacco Annual Delegates Meeting (ADM) in Nairobi, revealed that legislative and policy reforms are already before the ministry and…

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SASRA orders SACCOs to bolster cyber-security ahead of holiday attack risks 

Sacco Review04 mins

The Sacco Societies Regulatory Authority (SASRA) has directed all regulated SACCOs to institute round‑the‑clock surveillance and mandatory offline data back‑ups of their digital platforms, warning of heightened cyber‑attack risks during the upcoming Easter and Labour Day holidays. According to SASRA, analysis of past incidents shows cyber‑attacks peak during long weekends and public holidays, particularly in…

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Agriculture Cabinet Secretary Mutahi Kagwe speaking during KVB new Board unveil. Photo Courtesy

Livestock sector set for transformation as Kagwe unveils new KVB Board

Sacco Review06 mins

Kenya’s livestock sector is set for a significant transformation after the inauguration of a new Board at the Kenya Veterinary Board (KVB), in a ceremony that underscored the sector’s central role in economic growth, public health and global trade. The event, presided over by Agriculture Cabinet Secretary Mutahi Kagwe, signaled a bold shift toward a…

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