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

ACCOSCA seeks deeper partnerships to strengthen Sacco sector

Sacco ReviewAugust 27, 202605 mins

ACCOSCA is seeking stronger partnerships to build trust and advance SACCO development across Africa. The organisation says collaboration with regulators, government and media can strengthen cooperative institutions and policy engagement. Stakeholders have called for stronger cross border cooperation as African economies become more interconnected. The African Confederation of Cooperative Savings and Credit Associations (ACCOSCA) is…

SACCO Central Kenya urged to strengthen financial resilience

Sacco ReviewAugust 22, 202607 mins

SCK is being urged to strengthen resilience amid rising competition. Government wants greater innovation and efficiency across Saccos. The push aims to protect members while expanding financial inclusion. SACCO Central Kenya (SCK) has been challenged to strengthen its financial resilience, improve shared services and embrace innovation to remain competitive as Kenya’s cooperative financial sector undergoes…

Kagwe hands Sh30.5m to Kilifi co-ops to boost farmer financing

Sacco ReviewAugust 20, 202603 mins

Kilifi Saccos receive Ksh30.5 million to expand farmer financing. Government links cooperative funding to new irrigation opportunities. Stronger Saccos are expected to improve market access and farmer incomes. Agriculture and Livestock Development Cabinet Secretary (CS) Mutahi Kagwe has handed over Ksh 30.5 million to eight local savings and credit cooperative organisations (Saccos) in Kilifi County…

Mwalimu Sacco unveils first sustainability report

Sacco ReviewJuly 30, 202604 mins

Mwalimu National DT Sacco has launched its first sustainability report outlining its ESG progress and governance initiatives. The Sacco reduced its non performing loan ratio to 2.4 per cent, resolved 2,384 member complaints and planted 17,000 trees and mangrove seedlings. The report highlights the Sacco’s commitment to sustainability, transparency and long term growth. Mwalimu National…

Government sets up taskforce to draft regulations for upcoming Cooperative Act

Sacco ReviewJuly 10, 202603 mins

Cooperatives Principal Secretary Patrick Kilemi has announced that the State Department has constituted a taskforce to spearhead the development of regulations that will operationalise the proposed Cooperative Bill once it is enacted into law. The move comes as the Bill enters the final stages of consideration in Parliament. In a statement shared on his Facebook…

Treasury dismisses claims of borrowing KShs 1 trillion from SACCO savings for Infrastructure Fund

Sacco ReviewJuly 7, 202604 mins

Kenyans have been urged to verify any claims about the SACCO reforms through official government communication before sharing them further PS Kilemi reaffirmed that SACCO funds remain the property of their respective societies and are managed exclusively by elected officials The National Treasury has dismissed as false and malicious claims circulating on social media alleging…

PS Kilemi refutes claims of diverting SACCO savings to infrastructure fund

Sacco ReviewJuly 6, 2026July 6, 202603 mins

The ministry will issue comprehensive response later in the day as Jimi Wanjigi’s warning over SACCO funds stirs public anxiety Cooperatives and MSMEs Development Principal Secretary (PS) Patrick Kilemi has dismissed claims that the government intends to divert members’ savings from Saccos to finance the national infrastructure fund. In a statement posted on his social…

Ruto launches Revised MSME Policy 2026, flags Sh3 trillion financing gap on World MSME Day

Sacco ReviewJune 28, 202604 mins

President William Ruto on Saturday presided over Kenya’s 2026 World Micro, Small and Medium Enterprises (MSME) Day celebrations at the Kenyatta International Convention Centre (KICC) in Nairobi, where he officially launched the Revised MSME Policy 2026 aimed at transforming the sector into a globally competitive engine of inclusive growth. The revised policy seeks to create…

Oparanya urges SASRA to strengthen institutional capacity, embrace technology

Sacco ReviewJune 25, 202604 mins

Cabinet Secretary for Cooperatives and Micro, Small and Medium Enterprises (MSMEs) Development, Wycliffe Oparanya, has urged the Sacco Societies Regulatory Authority (SASRA) to strengthen its institutional capacity, embrace technology, and prepare for the proposed expansion of its regulatory mandate to enhance oversight of the cooperative financial sector. Oparanya made the remarks during a Board and…

PS Kilemi strengthens cooperative ties in meeting with global apex body DGRV

Sacco ReviewJune 24, 202603 mins

Principal Secretary for the Department of Cooperatives Patrick Kilemi has paid a courtesy call to the offices of the German Cooperative and Raiffeisen Confederation (DGRV), a global cooperative apex organisation that supports the strengthening of governance, institutional capacity, financial oversight, and value chain development in cooperative movements. According to the ministry’s social media post, the…