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

Sugar millers push for tighter controls on raw sugar imports

Sacco ReviewAugust 6, 2026August 6, 202604 mins

Sugar millers want tighter controls on raw sugar imports to protect local producers. They urged enforcement of the Sugar Act, 2024 and Kenya Revenue Authority (KRA) rules to stop raw sugar reaching consumers. They warned excess imports are hurting local millers, jobs and tax revenue. Sugar industry stakeholders have urged the national government to regulate…

Bill seeks faster loan recovery for affordable housing

Sacco ReviewAugust 3, 202604 mins

Affordable housing bill proposes cutting loan default notice from 90 to 45 days and property sale notice from 40 to 20 days. MPs have raised concerns that the shorter timelines could expose borrowers to faster foreclosures and reduce protections. National Assembly committees are reviewing the proposal, with a final report expected by August 13, 2026….

MPs raise alarm over CBK’s proposed new bank levy

Sacco ReviewJuly 31, 202609 mins

MPs have raised concerns that a proposed Central Bank of Kenya levy on banks could lead to higher banking charges and loan costs for customers. The proposal would replace the current fixed annual fee with a levy of 0.15 per cent of a bank’s gross annual revenue. Lawmakers questioned the levy’s legal basis, penalty provisions…

Why Parliament must safeguard member-owned SACCOs

Sacco ReviewJuly 11, 202607 mins

Xavier Lugaga urges Parliament to ensure the Sacco Societies (Amendment) Bill, 2025 strengthens governance without undermining member ownership and democratic control of SACCOs. A movement built by its members When Kenya’s economic history is written, the cooperative movement will earn a special chapter. Few institutions have empowered ordinary wananchi like Savings and Credit Cooperative Societies…

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…