Prime Cabinet Secretary Musalia Mudavadi - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

President Ruto commends cooperative sector, highlights key achievements during Ushirika Day 2025

Sacco ReviewJuly 15, 2025010 mins

President William Ruto has commended the cooperative sector for creating jobs, enhancing rural livelihoods, and unlocking the full potential of the country’s economic growth as he highlight key achievements in the sector through his administration. In his speech read by Prime Cabinet Secretary Musalia Mudavadi during International Cooperative Day Celebrations at KICC, Nairobi on 12th…

Government approves Ksh6.6 billion debt waiver for coffee cooperatives

Sacco ReviewJuly 15, 202503 mins

The government has approved a Ksh6.6 billion debt waiver for coffee cooperative societies in coffee-growing counties, aiming to relieve farmers of long standing financial burdens. President William Ruto made the announcement through a speech delivered by Prime Cabinet Secretary Musalia Mudavadi during the 103rd Ushirika Day Celebrations at the Kenyatta International Convention and Conference Centre…

Ushirika Day 2025: Ruto commends Sacco stakeholders’ contribution to economic growth

Sacco ReviewJuly 14, 2025July 14, 202503 mins

President William Ruto has commended stakeholders, leaders, practitioners, and cooperators for their unwavering dedication and exceptional contribution to Kenya’s socioeconomic advancement through the cooperative model. In a speech read by Prime Cabinet Secretary Musalia Mudavadi during International Cooperative Day Celebrations at Kenyatta International Convention Centre (KICC), Nairobi on July 12, 2025 the president said is…

Government calls for structured cooperative savings to shield economy from political instability

Sacco ReviewJuly 14, 202505 mins

The government has called on Kenyans to embrace structured cooperative savings and move away from traditional fundraising practices, warning that ongoing political uncertainty threatens the stability of foreign investment. Speaking during the 103rd Ushirika day celebration at Kenya International Conference Center, (KICC) the Prime Cabinet Secretary Musalia Mudavadi emphasized that cooperatives offer a more stable…

Government injects Ksh400M to stabilize milk prices and support dairy farmers

Sacco ReviewJuly 14, 202504 mins

The government has unveiled a comprehensive intervention to cushion dairy farmers from market unpredictability by allocating Ksh400 million to stabilize milk prices and safeguard farmer incomes. The announcement was delivered by Prime Cabinet Secretary Musalia Mudavadi on behalf of President William Ruto during the 103rd Ushirika Day celebrations at KICC on July 12, 2025. In…

Gov’t embarks on comprehensive review of Sacco legal framework to restore accountability

Sacco ReviewJuly 13, 2025July 13, 2025010 mins

The government has embarked on an evaluation of the Sacco Societies Act 2008 in order to strengthen and restore trust, transparency and accountability in the cooperatives sub-sector. While delivering a speech on behalf of President William Ruto during Ushirika Day celebrations on July 11, at KICC, Prime Cabinet Secretary Musalia Mudavadi said, the reforms further…

Will Ministry of Cooperatives be merged with another ministry in the upcoming changes?

Sacco ReviewJuly 11, 2024July 11, 202402 mins

Cooperative sector stakeholders are now waiting to see if the President Willaim Ruto will keep the Ministry of Co-operatives and Micro, Small and Medium Enterprises Development as standalone ministry or it will be absorbed by other ministries. This is after President dismissing all members of his Cabinet including Attorney General. Ruto announced that only Prime…

Government plans to merge CMA, IRA and SASRA

Sacco ReviewApril 22, 202403 mins

The Government intends to merge three major financial regulatory bodies in the country to enhance service delivery, avoiding duplication of roles and reduce bureaucracy. According to reports, Prime Cabinet Secretary Musalia Mudavadi said recently that the three regulatory bodies are Saccos Societies Regulatory Authority (SASRA), Capital Markets Authority (CMA), and the Insurance Regulatory Authority (IRA)….