CAK - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

CAK reassures public over false infrastructure funding reports

Sacco ReviewJuly 10, 202604 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…

Cooperative leaders warn of looming leadership crisis as kenyan youth shun SACCOs

Sacco ReviewJuly 6, 202605 mins

The absence of young people in SACCOs means many are missing out on the chance to learn financial discipline, savings culture and investment principles that have sustained the sector for decades. The widening age gap in leadership and participation raises uncertainty over succession. Kenya’s cooperative movement is staring at a leadership vacuum in the next…

Members challenged to strengthen Co-op sector oversight through AGMs

Sacco ReviewJuly 3, 202604 mins

CAK CEO Daniel Marube has urged cooperative members to actively attend Annual General Meetings (AGMs) to elect leaders of integrity, strengthen governance, and safeguard the cooperative movement’s role in peace, savings culture, youth empowerment, and sustainable development Kenya’s cooperative movement is challenging members to take charge of their institutions by actively participating in Annual General…

Cooperative leaders calls for unity as the country heads towards the 2027 general election

Sacco ReviewJuly 2, 2026July 2, 202604 mins

Kenya’s cooperative leaders have urged citizens to embrace peaceful coexistence and good governance, as the country prepares for the 2027 General Election. Speaking ahead of the national Ushirika Day celebrations set for Saturday, July 4, 2026, at Uhuru Park, Nairobi, Daniel Marube Chief Executive Officer of the Cooperative Alliance of Kenya (CAK), said this year’s…

Newly elected ICA Africa Chair Malonza calls countries to reduce dependence on imports

Sacco ReviewJune 12, 2026June 12, 202605 mins

Newly elected chairperson of the International Co-operative Alliance Africa, McLoud Malonza, has called for stronger regional supply chains and reduced dependence on imports, saying Africa’s long-term prosperity depends on producing more of what it consumes. Malonza, who also chairs Co-operative Bank Holdings and the Co-operative Alliance of Kenya (CAK) was elected unopposed after securing all…

CAK chair Malonza elected chairperson International Cooperative Alliance Africa

Sacco ReviewJune 9, 202604 mins

Kenya has reinforced its standing as a leading force in Africa’s cooperative movement following the election of Macloud Malonza as Chairperson of International Cooperative Alliance Africa(ICA-Africa). Malonza, who also serves as Chairman of Co-operative Bank Holdings and Chairman of the Co-operative Alliance of Kenya (CAK) secured a decisive victory during elections held by the Cooperative…

Cooperative leaders propose advisory council to strengthen governance and policy engagement

Sacco ReviewJune 7, 202604 mins

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…

Co-operative leaders chart new governance agenda at Mombasa meeting

Sacco ReviewJune 6, 202603 mins

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…

Marube warns against rushed reforms in cooperatives, calls for more public participation

Sacco ReviewMay 17, 2026May 17, 202604 mins

Cooperative Alliance of Kenya (CAK) Chief Executive Officer Daniel Marube has cautioned the government against rushing reforms in the cooperative sector, warning that hurried implementation of the proposed delegate system could undermine governance and erode member confidence. He called for more time to allow public participation and member education, particularly in rural and agricultural cooperatives….

Sacco leaders push Parliament for sector reforms in new cooperative bill

Sacco ReviewMay 14, 202608 mins

Leaders in Kenya’s cooperative movement have intensified pressure on Parliament to amend the proposed Sacco Societies (Amendment) Bill, warning that several clauses risk diluting the identity and operational independence of Savings and Credit Cooperative Organisations (SACCOs). The Co-operative Alliance of Kenya (CAK), the umbrella body representing the country’s cooperative sector, tabled a detailed memorandum before…