Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
More than 700,000 tea farmers are set to receive their annual bonus alongside September earnings. Individual factories will determine their own second-payment rates under a new approach to bonus declarations. Differences in tea prices, production costs and growing conditions continue to shape what farmers earn across regions. More than 700,000 small-scale tea farmers are due…
Cabinet has approved proposed reforms targeting professionals who fraudulently obtain registration or licences. Architects and quantity surveyors could face tougher penalties under a new annual licensing framework. Building safety concerns have intensified following deadly collapses and alarming inspection findings in Nairobi. Proposed law targets fraudulent professional credentials and introduces a separate Ksh3 million fine for…
Saccos with bank loans can expect cheaper borrowing as interest rates fall, but tougher competition for member loans is coming. Regulated Saccos owed commercial banks a combined Ksh25.64 billion at the end of 2025. This is according to the Sacco Societies Regulatory Authority (SASRA) in its Sacco Supervision Annual Report, 2025. Because that debt tracks…
Suppliers and contractors are set to receive payments after Cabinet clears verified government debts. Small businesses owned by women, young people and persons with disabilities will receive priority. Claims dating back to 2005 feature in a long-running effort to settle outstanding government bills. Thousands of suppliers and contractors owed by the Government can expect payment…
Tea farmers supplying Weru Tea Factory face uncertainty over their upcoming bonus payments. Poor feeder roads are increasing transport costs and eating into growers’ earnings. Susan Ngugi Mwindu warns that handling and packaging problems are putting tea quality and returns at risk. Tharaka Nithi Woman Representative Susan Mwindu has warned that tea farmers supplying Weru…
President William Ruto has floated the import of water buffaloes and superior camel breeds to ease Kenya’s persistent milk shortages. He spoke at the Agriculture and Food Transformation Summit at the Nairobi ASK Showground. The summit was themed Advancing Food Sovereignty, Job Creation & Shared Prosperity. There, he urged farmers and livestock officials to look…
Machakos rolls out a new phase of its economic empowerment drive targeting hundreds of community groups. Farmers, traders and youth groups are set to benefit from equipment aimed at boosting daily incomes. Governor Wavinya Ndeti urges beneficiaries to protect the assets and use them to grow sustainable businesses. Machakos Governor Wavinya Ndeti launched a countywide…
KUSCCO borrowers have been directed to continue servicing their loans as the liquidation process proceeds. The liquidator has invited creditors to submit formal claims for outstanding debts. Creditors who delay verifying their claims risk missing out on payments made before verification. Borrowers of the struggling Kenya Union of Savings and Credit Co-operatives (KUSCCO) must keep…
Manufacturers have challenged a sharp increase in industrial sugar excise duty at the High Court. KAM warns the higher levy could raise production costs, threaten jobs and weaken regional competitiveness. The court has directed respondents to file replies as the legal challenge proceeds. Kenyan manufacturers have taken the government to court over a sharp rise…
President Ruto orders a tea value addition plant at Mombasa port to boost farmers’ earnings. The government sets aside Ksh850 million to modernise underperforming tea factories. Farmers are urged to demand accountability over wide disparities in tea bonus payments. President William Ruto has ordered the construction of a large tea value addition plant at the…
