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

Govt directs investigations into KUSCCO housing projects over alleged corruption

Sacco ReviewNovember 30, 202502 mins

The government has launched a formal inquiry into KUSCCO Housing Co-operative Society Limited following member complaints alleging that the society was used to siphon savings from affiliated SACCOs. In a Gazette notice dated October 28, 2025 (No. 17555), the government directs investigators to scrutinise the society’s by-laws, financial records, and the conduct of both current…

Making Kenya the Singapore of Africa is a tall order but it is doable

Sacco ReviewNovember 12, 2025010 mins

Kenya’s dream to become the Singapore of Africa is bold, visionary and deeply inspiring. It speaks to a nation that aspires to rise above its struggles and claim its rightful place among the world’s most advanced economies. Yet for that dream to move from rhetoric to reality, Kenya must confront the uncomfortable truths that continue…

Machakos Governor suspends 36 officers over corruption allegations on trade licenses

Sacco ReviewSeptember 9, 202504 mins

Machakos Governor Wavinya Ndeti has suspended 36 officers for alleged corruption related to issuing of trade licenses. Speaking during a press briefing on Monday, the governor lamented that the County continued to lose revenue through corruption despite investing heavily in digital revenue collection systems. “Despite existing policies and controls fraudulent activities still continue to surface…

DP Kindiki hails CBK rate cut as signal of economic recovery

Sacco ReviewAugust 26, 202504 mins

Deputy President Kithure Kindiki has welcomed the Central Bank of Kenya’s (CBK) latest move to lower its base lending rate, describing it as a clear indication that Kenya’s economy is regaining stability after years of depression. The CBK reduced its benchmark lending rate by 25 basis points, bringing it down to 9.5 percent. This is…

President Ruto establishes multi-agency team to combat corruption

Sacco ReviewAugust 20, 202504 mins

President William Ruto has announced the formation of a Multi-Agency Team on War against Corruption (MAT) to beef up the fight against graft. In a presidential proclamation issued today, Ruto said the team will operate under a whole-of-government approach, designed to foster synergy, coordination, and impactful interventions across various arms of government. MAT will be…

Real estate stakeholders seek Govt intervention over delayed issuance of title deeds

Sacco ReviewNovember 18, 2023November 18, 202303 mins

Players in the real estate sector have raised alarm over delays in the processing of title deeds. Association of Real Estate Stakeholders Chairman Kinyua Wa Iratu claims the delays have been occasioned by rampant corruption in various land registries infiltrated by cartels. He noted that some unilateral decisions like changes in land rates and other…

Saccos urged to reinforce anti-corruption measures

Sacco ReviewOctober 25, 2023October 25, 202304 mins

The Kericho County Governor has urged Saccos in the area to put in place tough anti-corruption measures to safeguard members’ savings. Dr, Erick Mutai said that the stability of any Sacco is dependent on the security guarantees it accords to members’ savings. He made the remarks when he presided over the launch of the new…

Members’ lethargy fuelling corruption in Saccos-Official

Sacco ReviewAugust 6, 2018August 9, 201805 mins

By Azael Masese Failure by co-operative members to interrogate the performance of their respective organisations has been identified as a weakness that needs urgent remedy. Intriguingly, this happens even in Savings and Credit Cooperative Organisations (Saccos) where majority of the members are the elite, leading to embezzlement of members’ savings. State Department of Co-operatives Senior…

MCA calls for audit of coffee co-operatives

Sacco ReviewJune 8, 201803 mins

By Makoma Musyoka A ward representative has pledged to audit all the coffee societies in Machakos County with a view of reviving the sector which has been run down through mismanagement over years. Speaking to hundreds of farmers at Kilalani Coffee Farmers Co-operative Society in Kangundo Sub-county during this year’s Annual General Meeting (AGM), Kangundo…