June 12, 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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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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KUSCCO Centre
KUSCCO Centre./File photo

KUSCCO to host 11th SACCO Leaders Convention in Mombasa in February 2026

Sacco Review03 mins

The Kenya Union of Savings and Credit Cooperatives (KUSCCO) will host the 11th SACCO Leaders Convention (SLC) in Mombasa from February 17 to 19, 2026, bringing together SACCO board members, chief executive officers, senior managers and key sector stakeholders to discuss the future of the cooperative movement. The convention, to be held at PrideInn Paradise…

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Raw Coffee berries
Coffee plant with ripe berries/Photo File

Coffee market bounces back, nets Ksh 1.5B after December break

Sacco Review02 mins

The Coffee market at the Nairobi Coffee Exchange (NCE) has resumed its weekly auction following the December break, netting Ksh1.5 billion from the sale of 24,890 bags sourced from estates and cooperative societies. This follows a strong performance between October and December 16, where the auction generated Ksh 9.3 billion from 150,008 bags. In the…

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KPC/Photo Courtesy

Firms in Kenya Pipeline IPO set to pocket over Ksh200 Million in consultancy fees

Sacco Review04 mins

Firms involved in the planned Kenya Pipeline Company (KPC) Initial Public Offering (IPO) are expected to earn more than Ksh200 million in consultancy fees as preparations for the listing at the Nairobi Securities Exchange (NSE) gains momentum. According to official disclosures, the IPO process has attracted a consortium of investment banks, legal firms, registrars, and…

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MSMEs Development PS Susan Mang’eni/Photo File

Govt to disburse Ksh1.25B Nyota Fund to youth in 27 counties

Sacco Review05 mins

The National government is set to disburse Ksh1.25 billion to youth beneficiaries under the Nyota Fund, a key component of its economic empowerment agenda aimed at addressing youth unemployment. The rollout, which is scheduled to take place between January 8 and January 16, follows the successful completion of mandatory three-day business skills training by beneficiaries…

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Kenya’s economy grows 4.9% in Q3 2025 amid widening external deficit and rising debt

Sacco Review04 mins

Kenya’s economy expanded by 4.9% in the third quarter of 2025, up from 4.2% a year earlier, as construction, mining, and tourism rebounded strongly. Yet the recovery remains uneven, with households facing higher food costs, slower agriculture growth, and a widening current account deficit that rose from Ksh43.5 billion to Ksh135.3 billion. The latest Quarterly…

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Reli Sacco building/Photo Courtesy

Reli Sacco advertises internal auditor position

Sacco Review04 mins

Reli Regulated NWDT Sacco has announced a vacancy for an Internal Auditor, inviting qualified and experienced professionals to apply before the January 22, 2026 deadline. In a notice released under its current openings, the Sacco said it is seeking an individual who will play a key role in auditing operations, analysing financial data, and supporting…

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Agriculture Cabinet Secretary Mutahi Kagwe/Photo File

CS Kagwe warns of food insecurity as rice deficit deepens amid court battle on duty free imports

Sacco Review03 mins

Agriculture Cabinet Secretary Mutahi Kagwe has warned that Kenya is likely to  face a food insecurity crisis, driven by prolonged drought, declining domestic rice production and widening supply gaps. He said that the Country  produces less than 20 per cent of the rice it consumes and is projected to face a deficit of more than…

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