May 4, 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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Miraa farmer in the farm/Photo File

Farmers seek Miraa legal recognition, removal from drugs list

Sacco Review02 mins

The Nyambene Miraa Farmers and Traders Association (Nyamita) is pushing for the removal of miraa from the Narcotic and Psychotropic Substances Act 1994. Appearing before Parliament recently, the association urged legislators to prioritise removing the stimulant crop from the list of drugs, as scheduled by the National Authority for the Campaign Against Alcohol and Drug…

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President William Ruto during launch of business start up capital under the NYOTA programme. Photo Courtesy

President Ruto launches Ksh173.2 Million NYOTA start-up capital for young entrepreneurs

Sacco Review02 mins

President William Ruto has launched the disbursement of Ksh173.2 million in business start-up capital under the NYOTA programme, aimed at supporting young entrepreneurs in the country. The funds will benefit 6,982 youth from Nyeri, Murang’a, Nyandarua, and Kirinyaga counties. The launch event took place at the Kabiru-ini ASK Grounds in Nyeri. The NYOTA initiative targets…

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One of the awards honored to Stima Sacco/Photo Courtesy

Stima Sacco celebrates excellence with dual prestigious awards

Sacco Review03 mins

Stima Sacco has recently been honored with two major awards recognizing its impact, innovation and leadership in the financial sector. At the Africa Renewable Energy Awards, the Sacco received the Financial Leadership & Inclusion Award. This recognition highlights the Sacco’s commitment to delivering inclusive financial solutions that support Africa’s renewable energy ecosystem. Through these initiatives,…

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Saccos in Kenya
SACCOS/Photo File

Trends shaping Kenyan SACCOs in 2026

Sacco Review09 mins

As Kenya’s economy rebounds from global disruptions, Savings and Credit Cooperative Organizations (SACCOs) stand at a pivotal juncture. These member-owned institutions, which manage over Ksh1.1 trillion in assets and serve millions across urban and rural divides, have long been pillars of financial inclusion. In 2025, the sector defied economic headwinds like inflation and supply chain…

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Kenya’s cooperatives to witness historic SACCO Expo debut

Sacco Review08 mins

The cooperative movements are poised to witness the first ever SACCO Expo, a landmark event designed to catalyze growth, innovation, and collaboration within the Savings and Credit Cooperative Organizations (SACCOs) ecosystem. Scheduled for January 29-30, 2026, at the Sarit Expo Centre in Nairobi, this two-day exposition represents a strategic opportunity for stakeholders to align with…

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NCA Central Nyanza Regional Coordinator Architect Festus Mariera

NCA shuts down two non-compliant construction sites in Kisumu

Sacco Review06 mins

The National Construction Authority (NCA) has shut down two non-compliant construction sites in Seme Sub-County, Kisumu County. This is part of an ongoing quality assurance crackdown following growing concern over unsafe building practices and aims to ensure that all construction projects adhere to required safety standards and regulatory guidelines. Speaking during the operation, NCA Central…

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Loan application form sample/Photo File

The Do’s and Don’ts in playing guarantor in SACCO loans

Sacco Review011 mins

Listen up, SACCO members: If you’re about to slap your signature on a loan guarantee form for a colleague or another member, pausing. Take a deep breath. Then shred that thing unless you’ve done your homework. In the cutthroat world of cooperative lending, guaranteeing a loan isn’t some noble act of camaraderie—it’s a financial landmine…

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SASRA CEO David Sandagi/Photo File

SASRA sets March 15 deadline for SACCOS to submit audited accounts

Sacco Review03 mins

The government, through the Sacco Societies Regulatory Authority (SASRA), has directed all Savings and Credit Cooperative Organisations (SACCOs) to submit their audited financial statements by March 15, 2026, as part of regulatory compliance measures. In a notice issued on January 9, SASRA said the submission window will run from January 1 to March 15, 2026,…

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The Governor of the Central Bank of Kenya-Dr. Kamau Thugge-Photo|Courtesy
The Governor of the Central Bank of Kenya-Dr. Kamau Thugge-Photo|Courtesy

Banks and SACCOs push Treasury to ease PAYE, raise tax‑free threshold to KSh40,000

Sacco Review04 mins

Commercial banks and savings and credit cooperatives (SACCOs) have urged the National Treasury to ease payroll taxes to shore up workers’ disposable income, citing rising deductions and persistent inflation that have eroded real wages. In separate submissions, the Kenya Bankers Association (KBA) and the Kenya Union of Savings and Credit Cooperatives (KUSCCO) called for reforms…

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Commissioner for Co-operative Development, David Obonyo./File photo

Co-operatives cautioned against investing members’ funds in unregulated firms

Sacco Review03 mins

Co-operative societies have been warned against placing members’ savings in unregulated institutions, with the government saying the practice violates the law and exposes depositors to serious financial risk. The Commissioner for Co-operative Development, David Obonyo, said some societies are ignoring statutory safeguards by investing funds in entities that fall outside the country’s regulatory framework. In…

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