Cooperative Alliance of Kenya - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

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…

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…

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….

Why Saccos are gradually overtaking banks in lending

Sacco ReviewOctober 2, 2023October 2, 202306 mins

Intensive marketing and customer-friendly financial solutions have seen Saccos overtaking commercial banks in deposits and customer numbers. Experts have attributed this revolution to adherence to guidelines set by regulatory bodies, including the Central Bank of Kenya (CBK), attractive loan interest rates, quick processing of loans, and favourable returns through interest and end of year dividend…

Youth urged to join Saccos, accede saving culture

Sacco ReviewJuly 28, 2022July 28, 202202 mins

By Fredrick Odiero Cooperative Alliance of Kenya (CAK) Executive Director Daniel Marube has called on Kenyans to cultivate a saving culture by joining Saccos. Marube urged young people to invest in Saccos since there is life after retirement. He posited that the cooperative movement is a key contributor to Kenya’s economic growth. “The cooperative movement contributes…

Members to have say on co-op leaders’ tenure

Sacco ReviewMay 22, 2019May 22, 201902 mins

By Rosemil Oduor Members of the co-operative societies will now have the responsibility of determining how long their leaders hold positions, acting Commissioner for Cooperatives Didacus Ityeng’ has said. He said with the introduction of a new draft co-operative policy, co-operatives will have more self-regulation. The new policy will only allow for government interference in…