July 22, 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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CS for Cooperatives and Micro, Small and Medium Enterprises (MSMEs) Development Wycliffe Oparanya (C) and PS for the State Department for MSME Development Susan Mang'eni (L) while attending NYOTA disbursement ceremony in West Pokot. Photo/Courtesy

Massive turnout in West Pokot as CS Oparanya launches NYOTA fund drive

Sacco Review04 mins

As early as 7:00 a.m. the road leading to the famous West Pokot County Showground in Kapenguria was busy as youth streamed to the venue of the NYOTA Fund Disbursement. By 11:00 a.m. the showground was full to capacity as Cabinet Secretary (CS) for Cooperatives and Micro, Small and Medium Enterprises (MSMEs) Development Wycliffe Oparanya…

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Daniel Marube Chief Executive Officer of the Cooperative Alliance of Kenya (CAK) Photo/Courtesy

CAK reassures public over false infrastructure funding reports

Sacco Review04 mins

CAK dismisses claims that the government plans to use Sacco savings to fund infrastructure projects.  Cooperative apex body says the proposed Sacco law contains no provisions allowing members’ funds to be diverted to the National Infrastructure Fund. The Cooperative Alliance of Kenya (CAK) has refuted claims that the government plans to raid Sacco funds to…

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President Ruto while launching the NYOTA tranche II at Ulinzi Sports Complex on July 10, 2026. photo/Courtesy

President Ruto announces 60,000 jobs as Lamu oil refinery project takes off

Sacco Review05 mins

Ruto confirms Lamu oil refinery project expected to create about 60,000 youth jobs. Government to use Ksh350 billion National Infrastructure Fund to finance major infrastructure projects. President William Ruto has announced thousands of new job opportunities for young Kenyans following the confirmation that a monumental oil refinery will be constructed in Lamu. Speaking on Friday,…

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KRA

Key sectors push revenue to Sh2.8 trillion as KRA records strongest growth in recent years

Sacco Review016 mins

KRA posts strong revenue growth: The Kenya Revenue Authority collected KSh2.844 trillion in FY 2025/2026, a 10.6 percent increase from the previous year, with manufacturing, energy, finance, ICT, and wholesale and retail sectors driving 62 percent of total revenue. Customs exceed target: Customs revenue grew 12.4 percent to KSh988.8 billion, surpassing its target, while exchequer…

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Representatives hold up the newly executed MoU partnership agreement with the County Government of Kiambu. Photo/Courtesy

KIE, Kiambu County signs MoU to boost MSME growth and industrialization

Sacco Review04 mins

KIE and Kiambu County signed an MoU to promote industrialization and support the growth of Micro, Small and Medium Enterprises (MSMEs). The partnership aims to boost enterprise development, improve access to business support and create more economic opportunities for entrepreneurs in Kiambu. Kenya Industrial Estates (KIE) has signed a Memorandum of Understanding (MoU) with the…

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Kabunde Airstrip runway. Photo/Courtesy

Meru community urged to support Kithoka airstrip project amid legal battles

Sacco Review06 mins

Leaders back Kithoka airstrip, saying it will boost tourism, create jobs and strengthen forest conservation.  Environmental groups oppose the project, arguing it threatens the Mt. Kenya Forest ecosystem and are challenging it in court. The Meru community has been urged to support the construction of the Kithoka airstrip, a project proponents claim will spur economic…

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Sacco Societies Amendment Bill notice. Photo Courtesy

Government flags online misinformation over Sacco Societies Bill

Sacco Review04 mins

The government has cautioned the public against misinformation and propaganda circulating online regarding the Sacco Societies (Amendment) Bill, 2025. The government has cautioned the public against misinformation and propaganda circulating online regarding the Sacco Societies (Amendment) Bill, 2025. In a public notice seen by Sacco Review, the state dismissed claims that the proposed legislation is…

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PS Kilemi during a meeting with the taskforce members to discuss the formulation of the regulations. Photo: Patrick Kilemi/Facebook Kilemi

Government sets up taskforce to draft regulations for upcoming Cooperative Act

Sacco Review03 mins

Cooperatives Principal Secretary Patrick Kilemi has announced that the State Department has constituted a taskforce to spearhead the development of regulations that will operationalise the proposed Cooperative Bill once it is enacted into law. The move comes as the Bill enters the final stages of consideration in Parliament. In a statement shared on his Facebook…

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Nawiri Sacco officials together with a guest at the Ushirika Awards celebrations at Siakago Primary School grounds. Photo Courtesy

Saccos warned against chasing dividends at expense of cheap loans

Sacco Review08 mins

Managements of Savings and Credit Cooperative Societies (SACCOS) have been warned against an over-obsession with huge end-of-year dividends at the expense of their core mandate of issuing low-interest loans to members. Symon Mburia, the Assistant Commissioner for Cooperatives Development, director at the Hustler Fund, and a leading authority in the cooperative movement, challenged Saccos to…

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