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

Why SACCOs are the best avenues for retirement investment plans

Sacco ReviewOctober 7, 2025October 7, 2025010 mins

Saving for retirement is one of the most important financial decisions individuals need to make during their working lives. It is essential to ensure financial security and peace of mind in one’s later years. However, many people struggle with planning for retirement due to limited access to pension schemes, financial illiteracy, or inadequate income. Savings…

Uasin Gishu Cooperatives to benefit from new agribusiness deal and county-led support

Sacco ReviewSeptember 24, 202503 mins

Uasin Gishu County is stepping up efforts to strengthen cooperative societies by forging strategic alliances with agribusiness firms and development partners. One such partnership is taking shape between Kuona Mbele Cooperative Society and agriBora, a leading player in agricultural innovation. The cooperative is set to lease its store to agriBora, with the revenue earmarked for…

Bungoma coffee farmers urged to join cooperatives for better earnings

Sacco ReviewSeptember 12, 202502 mins

Bungoma County leaders have urged coffee farmers to embrace cooperatives and savings and credit societies (SACCOs) as a pathway to higher earnings and a stronger coffee sector. Addressing growers at Lukusi Farmers’ Cooperative Society in Mihuu Ward, Webuye East, County Executive Committee Member (CECM) for Agriculture, Eng. Herbert Kibunguchi, said organized farming groups are better…

Government calls for structured cooperative savings to shield economy from political instability

Sacco ReviewJuly 14, 202505 mins

The government has called on Kenyans to embrace structured cooperative savings and move away from traditional fundraising practices, warning that ongoing political uncertainty threatens the stability of foreign investment. Speaking during the 103rd Ushirika day celebration at Kenya International Conference Center, (KICC) the Prime Cabinet Secretary Musalia Mudavadi emphasized that cooperatives offer a more stable…

Governor Kahiga lauds Cooperatives for supporting economic growth in the county

Sacco ReviewJuly 9, 2025July 10, 202504 mins

Nyeri County Governor Mutahi Kahiga has lauded the Cooperatives in the County for fast tracking economic growth and supporting livelihoods. Speaking during 2025 Ushirika Day Celebrations Governor Kahiga said the cooperatives are supporting more than half a million members. “The increase of cooperatives is a testament to the strength and resilience of our people and…

Bungoma County bets on cooperatives to stir economy, uplift livelihoods

Sacco ReviewJuly 7, 2025July 7, 202503 mins

County Government of Bungoma is banking on cooperatives to catalyze inclusive economic growth and uplift livelihoods, signaling a renewed push to strengthen the cooperative movement across all 45 wards. Speaking during the International Day of Cooperatives held in Lukhokhwe, in Tongaren, County Executive Committee Member (CECM) for Agriculture and cooperatives, Herbert Kibunguchy, reaffirmed the administration’s resolve…

Counties urged to prioritize Cooperatives as Key Pillars of grassroots growth

Sacco ReviewJuly 4, 202503 mins

As Kenya gears up for this year’s Ushirika Day celebrations, the Cooperative Alliance of Kenya (CAK) has urged county governments to scale up budgetary allocations toward the cooperative sector, emphasizing its pivotal role in driving financial inclusion, rural prosperity, and food security. Speaking at a media briefing ahead of the event, CAK CEO Daniel Marube…

Gender equity milestone triumphs in cooperatives, as NCGP completes validation process

Sacco ReviewJuly 2, 202506 mins

In a landmark achievement for gender equity and inclusivity, the National Cooperative Gender Platform (NCGP) has successfully completed its validation process, marking a significant milestone in the cooperative sector. This development, announced recently, underscores a growing commitment to ensuring that cooperatives—long celebrated for their democratic and community-driven ethos—become equal playing fields for all genders. The…

Busia women entrepreneurs boosted through economic empowerment training

Sacco ReviewApril 28, 202503 mins

Women entrepreneurs in Busia County have received a significant boost through a new economic empowerment program aimed at enhancing their skills in entrepreneurship and financial management. The initiative, launched this week, is a partnership between the County Government of Busia, Stanbic Bank Foundation, and Kenya Industrial Estates. It targets women in micro and small enterprises,…

Governor Bii advocates for cooperative model to drive economic growth

Sacco ReviewOctober 11, 202404 mins

Uasin Gishu Governor Dr. Jonathan Bii has urged county residents and stakeholders to adopt the Cooperative model as a means to build a better future for all. During his address to cooperative leaders at the inaugural Eldoret City Cooperative Leaders Convention Forum recently, which was attended by Cabinet Secretary for Cooperatives and MSMEs Wycliffe Oparanya,…