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

National Assembly dismisses misinformation on Sacco Amendment Bill, says legislation still open for public input

Sacco ReviewJuly 11, 202606 mins

The National Assembly has dismissed what it called widespread misinformation surrounding the proposed Sacco Societies (Amendment) Bill, 2025, saying claims that the legislation would create a government controlled “super Sacco” or hand the President power over Sacco leadership are false. In a public statement, the Assembly said the Bill, which seeks to amend the Sacco…

Alarm as proposed SACCO Amendment Bill 2025 sparks fears over members’ savings

Sacco ReviewJuly 8, 202606 mins

Thousands of SACCO members across Kenya could see significant changes in how their savings are managed if the proposed SACCO Societies (Amendment) Bill, 2025 becomes law, with critics warning that some provisions may weaken member control over cooperative societies and expose savings to increased risks. The Bill, which is currently attracting debate among cooperative stakeholders,…

PS Kilemi lauds Meru as cooperative role model, pledges revival of Afya Millers

Sacco ReviewJuly 6, 2026July 6, 202604 mins

Meru County has been hailed as a national role model in the cooperative movement, with Cooperatives and and Micro, Small & Medium Enterprises (MSMEs) Development, Principal Secretary Patrick Kiburi Kilemi praising the region’s leadership for milestones achieved in strengthening societies and empowering communities. Speaking at Kaaga Methodist Church grounds during Meru’s Ushirika Day celebrations, Kilemi…

Members urged to safeguard cooperative movements by electing credible leaders

Sacco ReviewJuly 3, 202604 mins

Kenyans have been urged to safeguard the growth of cooperative movements by electing credible leaders capable of championing farmers’ welfare at both the national and local levels. The call was made by Gideon Kimathi, Head of Protocol in the Office of the Deputy President, during the Meru Ushirika Day celebrations held at Kaaga Methodist Church…

Harambee Sacco to hold fundraiser for late supervisor Joseph Yamo

Sacco ReviewJune 22, 202603 mins

Harambee Sacco has announced a fundraising meeting to help cover funeral expenses for its late Supervisory Committee Chairman, FCPA Joseph Owuor Yamo. According to an obituary notice in a daily, Owuor passed away on June 4, 2026, while receiving medical care at Mater Misericordiae Hospital in Nairobi. “It is with profound sorrow and humble acceptance…

Governor Otuoma pledges overhaul of Busia cooperatives to restore confidence and growth

Sacco ReviewJune 21, 202605 mins

Busia Governor Dr. Paul Otuoma has vowed to revitalize the county’s struggling cooperative movement, pledging reforms aimed at restoring confidence, strengthening governance, and unlocking the sector’s potential as a driver of economic empowerment. The governor’s commitment comes at a time when many cooperative societies in Busia are facing mounting challenges, including weak leadership, financial constraints,…

Wetang’ula urges MPs to seal loopholes in cooperative laws to protect members’ savings

Sacco ReviewJune 13, 2026June 13, 202604 mins

National Assembly Speaker Moses Wetang’ula has called on Members of Parliament to urgently review Kenya’s cooperative laws and close loopholes that expose members’ savings to mismanagement and loss. Speaking during the launch of Shirikiana Sacco, Wetang’ula warned that weak governance systems continue to endanger resources in cooperative societies, stressing the need for stronger oversight and…

President Ruto to grace the launch of Shirikiana SACCO in Kakamega

Sacco ReviewJune 13, 202604 mins

President William Ruto will preside over the official launch of Shirikiana SACCO at Masinde Muliro University of Science and Technology (MMUST) in Kakamega County on Saturday, June 13, 2026. The event, hosted by Cabinet Secretary for Co‑operatives and MSMEs Development, Wycliffe Oparanya, marks a significant milestone in advancing financial inclusion and strengthening the cooperative movement…

Sacco leaders push for unified Cooperative movement to strengthen governance and investor confidence

Sacco ReviewJune 10, 202604 mins

Leaders in the Savings and Credit Cooperative (Sacco) sector are seeking to establish a unified cooperative movement aimed at enhancing governance, strengthening advocacy, and influencing policy discussions on agriculture, housing, and consumer affairs to improve the country’s economic well-being. The proposed movement is expected to address persistent management and governance challenges that have contributed to…

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…