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

Former CS Adan Mohamed appointed new KRA commissioner general

Sacco ReviewMay 19, 202604 mins

Former Industrialisation Cabinet Secretary (CS) Adan Abdulla Mohamed has been appointed as the new Commissioner General of the Kenya Revenue Authority (KRA) for a three‑year term, effective May 18, 2026. His appointment was confirmed in a special issue of the Kenya Gazette dated May 18, through a notice signed by Treasury Cabinet Secretary John Mbadi….

Ushuru Sacco writes off sh5 million in KUSCCO exposure amid sector risks

Sacco ReviewMarch 20, 202603 mins

Ushuru Savings and Credit Co-operative Society has written off Sh5 million tied to its investment in the troubled Kenya Union of Savings and Credit Co-operatives (KUSCCO), underscoring growing risks in the cooperative sector. The impairment, disclosed in Sacco’s latest annual report, reduced the value of its KUSCCO shares from Sh15 million to Sh10 million. The…