Sacco
Cooperative and MSMEs Development CS Wycliffe Oparanya and PS Patrick Kilemi during a meeting. Photo Courtesy

Gov’t pushes for SACCO digital and governance overhaul as sector reform talks intensify

The Government has stepped up efforts to overhaul the Savings and Credit Cooperative (SACCO) sector, with a strong focus on digital transformation and improved governance as reform discussions gain momentum. This came up during a high-level stakeholder engagement convened by Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya, together with Principal Secretary Patrick Kilemi that…

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Meru County Governor
Meru Governor Isaac Mutuma speaking at the inauguration of the Miraa Promotion Committee and the County Aggregation and Industrial Park (CAIP) Management Committee on May 25, 2026. Photo Courtesy

Meru youth benefit as Shofco disburses Ksh30 million business loans 

Hundreds of young entrepreneurs from Meru County have benefited from loans worth Ksh30 million disbursed by a non-governmental organisation through its SACCO arm. Governor Isaac Mutuma praised the initiatives, reaffirming the county government’s commitment to collaborating with non-governmental organisations that support youth empowerment. He made the remarks as young entrepreneurs in Meru County received loans…

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CAK Chairperson McCloud Malonza
Chairman of the Cooperative Alliance of Kenya (CAK)-McCloud Malonza-Photo|Courtesy

Cooperative leaders propose advisory council to strengthen governance and policy engagement

Leaders in Kenya’s cooperative movement are considering the establishment of an Economy Advisory Council of Chairpersons to enhance governance, coordination and policy engagement across the sector. The proposal was tabled during a two‑day meeting convened by the Cooperative Alliance of Kenya (CAK), which brought together chairpersons and vice‑chairpersons from savings and credit cooperatives (Saccos), as…

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A farmer harvesting macadamia nuts-Photo|Courtesy

Macadamia farmers reject push to join Cooperatives, cite past losses and falling prices

A section of macadamia farmers and traders under the Nuts Traders Association of Kenya (NUTAK) has opposed a government proposal requiring farmers to join cooperative societies, warning that the move could expose growers to financial risks reminiscent of past failures. Speaking during a meeting in Sagana that brought together traders and farmers from seven counties…

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Nut Traders Association of Kenya Chairman Johnson Kihara speaking during a previous event-Photo|Courtesy

Macadamia traders accuse government of neglect as farmers count losses

Macadamia traders under the Nuts Traders Association of Kenya (NUTAK) have accused the government of neglecting farmers, warning that restrictive regulations are worsening losses and exposing growers to exploitation by middlemen. Led by Chairman Johnson Kihara, the traders faulted Agriculture Cabinet Secretary Mutahi Kagwe and leaders from the Mt Kenya region for failing to address…

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Taita Taveta residents
Residents of Taita Taveta County during Finance Bill public participation forum, Photo Courtesy

Scale down tax on digital transactions and phones to support small businesses, MPs urged

Residents of Taita Taveta County have called on the National Assembly to scale down proposed taxes on digital transactions and mobile phones, warning that the Finance Bill, 2026, could stifle innovation, entrepreneurship, and youth employment in the digital economy. Led by representatives from the National Youth Council (NYC) Taita Taveta chapter, the residents who were…

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Livestock trading at the Garissa Livestock Market “Soko Ng'ombe”-Photo|Courtesy

Livestock outpaces other agricultural sectors in global growth: FAO study

Livestock has emerged as the fastest‑growing component of global agriculture, according to a new study by the Food and Agriculture Organisation (FAO), which highlights rising demand for animal‑source foods such as poultry, eggs and pork. The report shows that the global supply of terrestrial animal‑source foods (TASF) has expanded sharply over the past six decades,…

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Isiolo hosts sixth MSME Connect forum to boost small business growth

Isiolo County has stepped up efforts to strengthen small businesses by hosting the sixth edition of the Kenya Public‑Private Sector MSMEs Dialogue- the MSME Connect Forum. The event brought together entrepreneurs, government agencies, financial institutions, and development partners to explore opportunities for enterprise growth and resilience. Hundreds of business owners from across the county attended…

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Co-operative leaders chart new governance agenda at Mombasa meeting

The Co-operative Alliance of Kenya (CAK) has concluded a high‑level meeting of chairpersons and vice‑chairpersons of co-operatives and SACCOs in Mombasa, setting a new agenda for governance, unity and sector transformation. The gathering brought together leaders from across the country to deliberate on strengthening accountability and aligning operations with emerging regulatory frameworks, including the New…

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Arnold Munene, Managing Director KUSCCO-Photo|Courtesy

Saccos join private sector in opposing KRA’s expanded powers under Finance Bill 2026

Savings and credit cooperative Societies (Saccos) have become the latest institutions to oppose proposals in the Finance Bill 2026 that would allow the Kenya Revenue Authority (KRA) to freeze bank accounts and recover funds even while tax disputes remain unresolved. The Kenya Union of Savings and Credit Cooperatives (Kuscco) told the National Assembly’s Finance and…

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