October 19, 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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Machakos Governor Wavinya Ndeti receives a gift from a talented girl, Irene Mwende at Liberty Grounds, Mlolongo on February 24, 2024. Photo: Stephen Muthini.

Wavinya donates KSh1 million to Mlolongo boda bodas, gifts talented girl

Sacco Review03 mins

A Mlolongo-based boda boda Sacco has received KSh1 million from Machakos Governor Wavinya Ndeti to increase their investment. Samsa Boda Boda Sacco received the cheque at the Liberty Grounds in Mlolongo on February 24, 2024 during a public participation forum on the 2024/2025 Fiscal Strategy Plan. The jubilant riders welcomed Governor Wavinya and her entourage…

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Kenya National Chamber of Commerce and Industry Kericho branch Pastor Robinson Bett and his team address the media during youths training. Photo: Benedict Ngetich

Kericho youths to benefit from commerce chamber loans

Sacco Review04 mins

Kenya National Chamber of Commerce and Industry (KNCCI) Kericho branch will assist youths in the county to venture into small scale businesses through access to funds and financial training. The chairman of the branch Pastor Robinson Bett said the youths in the county urgently need financial help which should be provided after financial trainings and…

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KenGen CEO Eng. Peter Njenga addresses the press during a past function. Photo: File

KenGen profit falls 9.2 per cent on weak shilling

Sacco Review04 mins

Kenya Electricity Generating Company (KenGen) has reported a 9.2 per cent drop in net profit in first-half earnings compared with the same period a year earlier. The listed firm reported KSh2.96 billion in net profit for the six months to December 2023. This profit drop from the KSh3.26 billion reported in a similar period last…

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Insider Lending: A dilemma for Saccos and financial sector

Sacco Review09 mins

Insider lending is a process where a Savings and Credit Co-operative Society (Sacco) or a financial services institution advances loans to its officers or directors. However, in some developed countries, such as the United States, it is a requirement that such loans are charged at the same interest rate, repayment terms and credit evaluation criteria…

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Organic bananas flourish in Taita Taveta County. The county has signed a partnership deal with MESPT to support banana farmers. Photo: Michael Oduor

New banana export market excites Taita Taveta farmers

Sacco Review05 mins

Taita Taveta County in partnership with Micro Enterprises Support Programme Trust (MESPT) plans to export about 700 metric tonnes of organic bananas to Denmark, a deal which will make the county farmers one of the first in the country to export the organic produce. According to MESPT, the joint project has identified 500 small holder…

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Garissa County Cooperative Director Samuel Karanja. Photo:File

Traders’ Sacco in Garissa pleads with county over planned demolition of stalls

Sacco Review05 mins

Sukuma Gate Sacco members are pleading with the County Government of Garissa not to demolish their stalls where they have been earning their daily bread for long. The members, mostly comprising mama mbogas and petty traders decried the planned eviction from their stalls after Garissa Municipality, through the Enforcement Notice, Form P.P.A. 7, dated January…

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Non-deposit-taking Saccos to start paying regulatory levy

Sacco Review06 mins

The non-withdrawable depositing taking (NWDT) Savings and Credit Co-operatives (Saccos) shall now be required to pay annual regulatory fee to the country’s Sacco Regulator, the Sacco Society Regulatory Authority (SASRA) as they fully come under its purview. According to the November Legal Notice by Sasra the rate of the annual Sacco Societies Levy will be…

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SACCO

SASRA increases approved auditors to accommodate additional Saccos

Sacco Review05 mins

The Sacco Societies Regulatory Authority (SASRA) has increased the number of audit firms approved for auditing Saccos under its supervision to 365 to accommodate the additional cooperatives. The latest figure for the 2024 auditing of Saccos means an additional 92 audit firms have now been cleared to check the books of Saccos, up from 273…

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Sacco boss pleads with Kenyans to save in Saccos to avoid loan sharks

Sacco Review06 mins

Ollin Sacco’s Chief Executive Officer (CEO) John Gathige has urged Kenyans to save in a Sacco in order to get better loans and avoid loan sharks who normally take advantage of their dire situation. Speaking during the Sacco’s 47th Annual General Meeting (AGM) which was held in Kutus Comprehensive Primary School grounds, Gathige stated that…

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Photo: Courtesy

Govt launches ‘Finya Computer Itoe Dollar’ training programme for youths

Sacco Review02 mins

The Government through the Ministry of Labour and Social Protection has rolled out a free training programme dubbed ‘Finya Computer Itoe Dollar’ under the Ajira digital programme through the State Department for Labour and Skills Development. The Ministry has noted that the main aim of the training programme is to equip young people with the…

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