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

Kazi Majuu earns Kenya $5 billion in foreign exchange

Sacco ReviewOctober 5, 2026October 5, 202607 mins

Kazi Majuu programme records growth as more Kenyans secure opportunities abroad Government steps up efforts to prepare youth for jobs in international markets Sports tournaments used to connect young people with employment and government services Kenyans abroad earned an impressive $5 billion in foreign exchange after about 600,000 Kenyans were employed abroad under the ‘Kazi…

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…

Kenyan shilling strengthens to 17‑month high of 128.96 against dollar

Sacco ReviewDecember 16, 202503 mins

The Kenyan shilling has climbed to its strongest level in 17 months, opening at 128.96 against the US dollar. The shilling has been trading around the 129 mark for over a year, marking a rare stretch of stability after a turbulent period that saw it touch record lows. The shilling began pulling back from the…