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

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…

Mbadi: Hustler Fund disburses KSh 87bn, reaches 28 million accounts since launch

Sacco ReviewJune 12, 202605 mins

The National Treasury has announced that the Hustler Fund has disbursed Sh87 billion since its launch in 2022, reaching 28 million accounts and extending formal financial services to millions of Kenyans who previously had little or no access to credit. Treasury Cabinet Secretary John Mbadi revealed the figures while presenting the 2026/27 Budget Statement in…

Meru hosts regional youth summit on transparency and public finance

Sacco ReviewApril 22, 202605 mins

The East Africa Youth Parliament has convened its 5th Financial Governance and Leadership Seminar in Meru, bringing together young leaders, policymakers and accountability institutions to deliberate on transparency and public finance management. The forum, organised in partnership with the National Treasury, the Office of the Controller of Budget and the Office of the Auditor General,…

Kenyan shilling strengthens to 17‑month high of 128.96 against dollar

Sacco ReviewDecember 16, 202503 mins

The Kenyan shilling has climbed to its strongest level in 17 months, opening at 128.96 against the US dollar. The shilling has been trading around the 129 mark for over a year, marking a rare stretch of stability after a turbulent period that saw it touch record lows. The shilling began pulling back from the…