Ports DT SACCO banner. Photo Courtesy

Ports DT SACCO announces opportunity for an Internal Audit Officer 

Ports Deposit Taking Savings and Credit Cooperative Organization (DT SACCO) has announced an exciting opportunity for qualified professionals to join their team as an Internal Audit Officer. This critical role will play a key part in supporting the Sacco’s internal audit function, with responsibilities focused on evaluating internal controls, ensuring compliance, and strengthening operational efficiency….

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CS Mutahi during consultative meeting with KTDA Holdings Limited and the Tea Board of Kenya. Photo Courtesy

Kagwe urges tea stakeholders to seek new markets amid global trade shocks

The Cabinet Secretary for Agriculture and Livestock Development Mutahi Kagwe has called for urgent reforms in Kenya’s tea sector to help it withstand global economic shocks and secure the livelihoods of farmers. Speaking during a high level consultative meeting with KTDA Holdings Limited and the Tea Board of Kenya, the CS warned that external geopolitical…

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KEWASCO chairman of the Board Sirkelly Cheruiyot. Photo by Ng'etich

Stakeholders okay KEWASCO to raise tariffs to finance its operations

The Kericho Water and sanitation Company (KEWASCO) limited has been given the greenlight by its stakeholders to raise tariffs to enable it finance its operations. During a stakeholder engagement held at its water treatment plant at Toror, the leadership led by its Chairman  Sirkelly Cheruiyot and the Chief Executive Officer  Reuben Korir,  said the water…

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Saccos
SACCOs in Kenya. The Writer says that the government should not tax non-core activities to

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

Savings and Credit Cooperative Societies (SACCOs) have long been recognized 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 mobilize savings, deepen financial inclusion, and empower millions of citizens economically. They are agencies of change….

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Committee of Experts has warned that serious governance, regulatory and structural weaknesses are threatening the stability of Kenya’s SACCOs sector.

Experts warn of major risks in Kenya’s SACCO sector, call for urgent reforms

A high-level Committee of Experts has warned that serious governance, regulatory and structural weaknesses are threatening the stability of Kenya’s Savings and Credit Co-operatives (SACCOs) sector, calling for sweeping reforms to protect members’ savings and restore confidence in the cooperative movement. The concerns are contained in the Report on the Transformation of the SACCO System…

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Navakholo MP Emmanuel Wangwe/ Photo Courtesy

MPs raise concerns over governance issues in the Veterinary Board

The Public Investments Committee on Social Services, Administration and Agriculture (PIC-SSAA) has raised concerns over financial and governance issues at the Kenya Veterinary Board following audit queries. The committee, chaired by Navakholo MP Emmanuel Wangwe, questioned how the Board constructed its headquarters on land without a title deed. KVB Chief Executive Officer Mary Theresa Agutu…

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Saccos in Kenya
SACCOs in Kenya. Experts have recommended deposit insurance to protect members funds

Why experts recommend deposit insurance to protect Sacco members billions

For millions of Kenyans, Savings and Credit Cooperative Organisations (SACCOs) are trusted financial lifelines workforce borrow loans and plan their futures. Loans from SACCOs usually have lower interest rates than banks, mobile lenders, or microfinance institution. According to the Sacco Societies Regulatory Authority (SASRA) gross loans across the industry increased to Ksh 948.31 billion in…

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Molo Sub County Cooperative Officer Haron Muraya (centre)
Molo Sub County Cooperative Officer Haron Muraya (centre)

Cooperatives supervisory committee and board of directors urged to work together to support members’ growth

The Cooperative Movement Supervisory Committee and Board of Directors have been urged  to work closely to ensure they improve the status of their cooperative movement for the benefit of members and delegates. This was said by Molo Sub County Cooperative Officer Harun Muraya, who said that both supervisory committee and board of directors should perform…

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Equity Bank's Chief Executive Officer James Mwangi addresses investors at the Equity Bank headquarters recently. Photo/Courtesy
Equity Bank's Chief Executive Officer James Mwangi addresses investors at the Equity Bank headquarters recently. Photo/Courtesy

Equity Group enter Africa’s top 10 banks by brand value

Equity Group Holdings has entered Africa’s top 10 banks by brand value, according to the 2026 Brand Finance report. The ranking, traditionally led by South African and Nigerian lenders like Standard Bank, First National Bank, Absa Group, Zenith Bank, and Guaranty Trust Holding Company, now includes the Kenyan lender among Africa’s elite. Equity posted a…

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