Kenya Bankers Association CEO Raimond Molenje-Photo|Courtesy

Bankers Association warns Finance Bill 2026 taxes could undermine digital payments

Kenya Bankers Association (KBA) has cautioned against new tax measures proposed in the Finance Bill 2026, warning that levies on card transactions and digital payment services could sharply raise the cost of financial services and drive more Kenyans away from formal cashless systems. Appearing before the National Assembly Departmental Committee on Finance and National Planning,…

Read More
SASRA acting CEO
SASRA Acting CEO David Sandagi speaking during a past event, File image

SASRA urges SACCOs to strengthen oversight as digital financial services expand

The Sacco Societies Regulatory Authority (SASRA) has urged the Savings and Credit Cooperative Organizations (SACCOs) to strengthen oversight by reinforcing compliance, risk management, and regulatory reporting standards in the rapidly evolving digital financial services space. Speaking during a virtual sensitization forum bringing together more than 600 participants from regulated SACCOs,  Acting Chief Executive Officer (CEO)…

Read More
AFA official during Cotton and Pesticides Distribution Launch in Mbeere South. Photo Courtesy

AFA intensifies cotton revitalization to boost production in Embu

In a bid to increase cotton production and support thousands of cotton growing households, Agriculture and Food Authority (AFA) through Miraa, Pyrethrum, Fibre and other Industrial Crops Directorate (MPFID) has intensified revitalization of cotton production in all the cotton-growing counties in the country. Speaking during the Cotton and Pesticides Distribution Launch in Mbeere South, Embu…

Read More
KEBS

KEBS initiates public consultations on new regulations targeting substandard goods, faulty testing apparatus 

The Kenya Bureau of Standards (KEBS) has initiated public consultations on a set of proposed regulations aimed at strengthening oversight in product certification, laboratory testing, and measurement systems. The draft proposals were unveiled during a stakeholder forum held in Meru, where participants raised concerns about the widespread circulation of substandard goods, inconsistent laboratory results, and…

Read More
Sacco
Teachers demonstrating in Makutano town Kapenguria over alleged mismanagement of Ecopillar Sacco. Photo Courtesy

Eco-pillar Sacco members plan protest over alleged looting

Members of West Pokot-based Eco-pillar Savings and Credit Cooperative Organization (SACCO) have formally notified police of plans to stage a peaceful protest in Makutano Town, Kapenguria, over alleged looting and unresolved grievances affecting the society and its members. In a notice dated May 18, 2026, addressed to the Officer Commanding Station (OCS) at Kapenguria Police…

Read More
Lands, Public Works, Housing and Urban Development Cabinet Secretary, Alice Wahome, speaking at the World Urban Forum-Photo|Courtesy

Kenya seeks global funding to bridge housing deficit at World Urban Forum

Kenya has framed its two‑million housing deficit as a business opportunity for investors while lobbying for more funding at the World Urban Forum (WUF13) in Baku, Azerbaijan, where the government described the shortage as a development emergency. Speaking at the forum, Public Works, Housing and Urban Development Cabinet Secretary Alice Wahome outlined the challenges of…

Read More
CS Oparanya appearing before the committee on Parliament on Thursday, May 21, 2026-Photo|Courtesy

Oparanya urges stronger investment in MSMEs and co-operative societies

Cabinet Secretary for Co‑operatives and Micro, Small and Medium Enterprises (MSMEs) Development, Wycliffe Oparanya, has called for increased investment in small businesses, Saccos and grassroots economic programmes, insisting that government initiatives must translate into tangible benefits for ordinary Kenyans. Appearing before the Departmental Committee on Trade, Industry and Cooperatives during deliberations on the 2026/27 Annual…

Read More
Kagwe
Agriculture Cabinet Secretary (CS) Mutahi Kagwe during the International Tea Day celebrations at Momul Tea Factory in Kericho. Photo Courtesy

Kagwe wants export of raw agricultural produce banned, pushes for value addition

The Agriculture and Livestock Development Cabinet Secretary (CS) Mutahi Kagwe has called for sweeping laws to ban the export of raw agricultural produce and compel value addition before products leave Kenya, saying the move could unlock millions of jobs for young people. Speaking during the International Tea Day celebrations at Momul Tea Factory in Kericho,…

Read More
Dairy farmer
Smallholder dairy farmer in Western Kenya. Photo Courtesy

Subsidised AI programme expands access to improved dairy breeds in Western Kenya

Smallholder dairy farmers in Western Kenya are increasingly gaining access to affordable artificial insemination (AI) services as counties partner with Farm Input Promotions (FIPS) Africa to improve livestock productivity and household incomes. Kakamega County has rolled out a subsidised AI programme in collaboration with FIPS Africa, allowing farmers to access conventional semen services at Ksh700….

Read More
dividends
The writer argues that a financially stable SACCO is not simply one that pays high dividends. It is one that can withstand economic shocks, maintain adequate liquidity, manage loan defaults effectively, and protect members’ deposits over the long term.

Are high dividends a measure of your SACCO’s financial stability?

For decades, Savings and Credit Cooperative Organization (SACCOs) have occupied a special place in Kenya’s financial ecosystem. They are trusted institutions built on community ownership, shared prosperity, and the promise of affordable credit. Every year, members eagerly await dividend announcements with the same excitement shareholders reserve for listed companies. In many circles, a SACCO that…

Read More
Don`t copy text!