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Oparanya declares digital compliance mandatory for SACCO licensing

Sacco ReviewApril 12, 202604 mins

Cabinet Secretary for Cooperatives and MSME Development, Wycliffe Oparanya, has announced that no Savings and Credit Cooperative Society (SACCO) will be licensed to operate unless it demonstrates full commitment to digital transformation. Speaking at the recent Leadership, Ethics and Strategic Governance Forum, Oparanya warned that failure to modernize would erode public trust and ultimately destroy…

CS Kagwe opposes bid to merge human and veterinary medicines

Sacco ReviewJanuary 20, 2026January 24, 202603 mins

Agriculture Cabinet Secretary and Senator Mutahi Kagwe has opposed proposals before the Kenyan Parliament and the East Africa Legislative Assembly (EALA) seeking to merge the regulation of human and veterinary medicines, warning that the move could undermine public health, food safety and livestock production. Speaking during a visit to the Veterinary Medicines Directorate (VMD), Kagwe…

Parliament approves regulations for Ksh 4Million rural housing loans under Affordable Housing Fund

Sacco ReviewAugust 27, 202504 mins

Kenyans seeking to build homes in rural areas can now access loans of up to Ksh4 million through the Affordable Housing Fund, following the approval of new regulations by the National Assembly. The move is part of efforts to implement the Affordable Housing Act, 2024. This is after the Committee on Delegated Legislation, chaired by…

Parliament urged to fast-track Kenya Roads (Amendment) Bill to salvage development programmes

Sacco ReviewAugust 25, 202505 mins

National Assembly minority leader Junet Mohamed, has called on Parliament to urgently prioritise the Kenya Roads (Amendment) Bill, 2025, warning that delays in passing the legislation could paralyse the country’s roads development programme. Speaking at the opening of the 3rd National Assembly Leadership Retreat in Naivasha, the Suna East MP stressed that the proposed law…

Parliament cuts affordable housing deposit to 5% amid ksh1.2B worth unsold homes

Sacco ReviewAugust 15, 202504 mins

Parliament has approved the Affordable Housing Programme new rules cutting the requirement deposit from 10 percent to 5 percent. This will enable more Kenyans hoping to own homes under the government’s Boma Yangu programme to pay much lower deposit. The National Assembly passed the Affordable Housing Regulations of 2025 on August 14, 2025 in a…

Parliament passes Equalisation Fund Bill that will see release of Ksh16.8 billion to marginalized areas

Sacco ReviewJuly 31, 202504 mins

Parliament has passed the Equalisation Fund Appropriation Bill (National Assembly Bill No. 21 of 2025), setting in motion the release of Ksh. 16.8 billion to support the delivery of basic services in Kenya’s marginalised areas during the 2025/2026 financial year. The Bill gives legal effect to Article 204(1) of the Constitution, which establishes the Equalisation…

President Ruto refers Pensions (Amendment) Bill back to parliament for reconsideration

Sacco ReviewJuly 23, 202503 mins

President William Ruto has referred the Pensions (Amendment) Bill (National Assembly Bill No. 44 of 2022) back to the National Assembly for reconsideration in line with Article 115 of the Constitution. The Bill, which was sponsored by Kimilili Member of Parliament Didmus Barasa seeks to amend the Pensions Act (Cap 189) to provide statutory timelines…

Hurry the passing of Cooperatives Bill into law, Gachagua tells Parliament

Sacco ReviewAugust 23, 2024August 23, 202403 mins

Deputy President Rigathi Gachagua has called on the Parliament to fast-track the passing of the Cooperatives Bill into law to streamline the cooperative societies sector. “The problem that we have regarding coffee, tea, dairy milk and other cash crops is governance in our societies. I want to call upon our MPs and Senators to quicken…

Treasury PS summoned to Parliament over delayed coffee funds

Sacco ReviewAugust 16, 2024August 20, 202403 mins

The National Assembly Committee for Trade, Industry and Cooperatives has demanded Treasury Principal Secretary (PS) Dr. Chris Kiptoo to appear before the committee to explain the reasons behind delays in disbursing funds for coffee and grain farmers. The Committee, led by James Gakuya (Embakasi North MP), resolved to meet the PS after a senior Treasury…

Relief as mobile money users exempted from tax increase

Sacco ReviewJune 14, 202405 mins

The Treasury has withdrawn its intention to increase the excise duty on mobile money transactions, providing a reprieve to millions of users who depend on these services, such as Safaricom’s M-pesa. National Treasury Cabinet Secretary Njuguna Ndung’u has rolled back the proposal to increase the excise tax duty on mobile transfer services from 15 per…