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

CS Oparanya urges African states to adopt Cooperative Model Law for inclusive growth

Sacco ReviewOctober 13, 202503 mins

Cabinet Secretary for Cooperatives and Micro, Small and Medium Enterprises (MSMEs), Dr. Wycliffe Oparanya, has called on African governments to embrace the Cooperative Model Law as a reference point for national legislation aimed at strengthening the cooperative movement across the continent. Speaking during the 14th Africa Ministerial Cooperative Conference (AMCCO) held in Nairobi, CS Oparanya…

Meru youth urged to venture into dairy farming to boost growth

Sacco ReviewAugust 16, 2025August 16, 202504 mins

Young people in Meru County have been urged to tap into the vast opportunities available in the dairy farming sub-sector, with stakeholders saying it is ripe for innovation and growth. Leaders expressed optimism that increased youth participation will drive sustainable growth. Speaking during the launch of the Naari Dairy Cooperative Society’s five-year Strategic Plan, Meru…

Agro-based SACCOs poised for growth amid boosted budget

Sacco ReviewJuly 2, 2025010 mins

Increased budgetary allocations to Kenya’s agricultural sector are expected to trigger a surge in demand for loans among members of agro-based SACCOs. This rise in credit demand is seen as a chance for SACCOs to enhance their loan portfolios, particularly for those directly supporting agriculture and rural development. With expectations of improved crop and animal…

Cost of Fertilizer Remains a Thorny Issue to Farmers, Study Reveals

Sacco ReviewOctober 4, 2024October 4, 202405 mins

The cost of fertilizer remains the biggest challenge to most farmers across the country despite the government’s efforts to introduce subsidized packages, a thing which continues to hinder food production according to a recent study. As per the latest Agriculture Survey by the Central Bank of Kenya (CBK) whose main objective was to obtain indicative…

Mediation Committee Meets to Consider Contentious Clauses of Sugar Bill

Sacco ReviewOctober 1, 202403 mins

The Mediation Committee on the Sugar Bill (N.A. Bill No. 34 of 2022) has started considering clauses of the Bill that are under mediation. The committee which is chaired by Emmanuel Wangwe (MP Navakholo) first considered sub clause 38 (6), which, if amended, will see the Members agree on the institution that will be in…

As a Sacco member, are you aware of your obligations?

Sacco ReviewAugust 16, 2024August 16, 202408 mins

The growth of the Sacco sector in Kenya has shown how important they are in providing affordable financial services. They have enabled easier access to savings and credit for the middle and low-income segment for both household and enterprise development thus impacting the economic growth in both urban and rural areas. Many a time we…

Chelugui lauds Saccos for exhibiting tremendous growth in past year

Sacco ReviewNovember 13, 2023November 13, 202302 mins

Simon Chelugui, the Cooperatives and MSMEs Development Cabinet Secretary (CS), has released a report which indicates a steady growth in the Sacco industry for the past one year. Chelugui said that all the 360 Saccos regulated by the Sacco Societies Regulatory Authority (SASRA) have seen tremendous growth in assets, deposits, loans, and capital from November…

How coffee farmers can be exposed to global markets

Sacco ReviewSeptember 29, 2023September 29, 202307 mins

The New Kenya Planters Co-operative Union (NKPCU) has highlighted a number of ways in which coffee farmers can expand access to the international market, including market exposure through exhibitions to unlock the potential of the local industry. Giving his presentation on export marketing and farmer financing during the inaugural Cooperative Movement Stakeholders’ Annual Conference, NKPCU…

Universal Traders Sacco honours pledge as trader steers off in Probox grand prize

Sacco ReviewSeptember 25, 2023September 25, 202304 mins

Universal Traders Sacco has awarded Agnes Kalondu Nzuki a Toyota Probox, the car she won from a Ksh2000 stake she deposited to enter the grand draw at Kenyatta Stadium in Machakos County. The elated lady from Mutituni/ Ngelani Ward in Machakos County could not believe her luck. She was among the numerous winners who walked…

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

Sacco ReviewSeptember 22, 2023September 22, 202303 mins

Players in the real estate sector have raised alarm over delays in 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 statutory…