Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
President William Ruto said the Affordable Housing Programme now offers Sharia compliant financing, allowing Muslim Kenyans to buy homes without interest. Ruto said the option was introduced under the Affordable Housing Act, 2024, to make the programme more inclusive and address low uptake among Muslims. The President said affordable housing projects are being rolled out…
Meru Dairy farmers will earn Ksh52 per litre from August 1, up from Ksh50. Government will invest Ksh200 million to expand the Meru Dairy animal feeds factory and lower feed costs. Meru Central Dairy has grown to over 161,000 farmers, with annual milk production exceeding 220 million litres. Deputy President Kithure Kindiki said dairy farmers…
Ruto launches government funded artisan certification programme. Skilled workers without certificates to receive free formal certification. Certified artisans to support Affordable Housing Programme jobs President William Ruto has unveiled a government funded artisan certification programme aimed at enabling skilled workers to obtain formal qualifications and secure employment opportunities under the Affordable Housing Programme. Speaking on…
President William Ruto will launch the approx. Ksh500 million Mitunguu Animal Feed Production Factory during the 11th Meru Dairy Farmers Field Day in Meru on Saturday, with the project expected to lower livestock feed costs for farmers. Meru Dairy says daily milk intake has risen to about 670,000 litres and is projected to reach one…
Kenyans have withdrawn Ksh2.56 billion from the Boma Yangu scheme. Refunds have increased 3.5 times since President Ruto took office. Refunds are rising faster than new savings, signalling weaker confidence. Kenyans have pulled more than Ksh2.5 billion out of the government’s Boma Yangu housing savings scheme, as growing numbers of contributors abandon the programme and…
Parliament says the proposed Sacco Bill does not give President William Ruto control over members’ savings. It also dismissed claims the Bill would create a “Super Sacco”. The Bill seeks to strengthen smaller Saccos and improve regulation. The National Assembly has dismissed reports claiming that the proposed Sacco Societies (Amendment) Bill, 2025, would give President…
Kenya edged out Tanzania after Dangote Group weighed a combination of geographical positioning, existing infrastructure and commercial viability Nigerian billionaire Aliko Dangote has settled on Lamu as the site for his long-anticipated East African oil refinery, closing months of uncertainty over whether the multibillion-shilling project would rise on Kenya’s coast or in Tanzania’s port town…
President William Ruto has signed the Sovereign Wealth Fund Act into law, marking a new chapter in Kenya’s economic journey. The name sounds technical and complicated, but the idea behind it is actually quite simple. It is about saving today so that the country can have a better tomorrow. Imagine a family that receives an…
Unlike the first tranche, which was rolled out in phased clusters across the regions, the second disbursement would reach all eligible beneficiaries at the same time.. the beneficiaries have already completed a mandatory business development skills training programme, a requirement under the initiative before qualifying for the start-up capital. The government will on Friday roll…
The proposed law will enhance transparency, improve accountability and embrace digital technology to make cooperatives more efficient and responsive to members’ needs. The Bill, together with ongoing sector reforms will strengthen public confidence by promoting sound governance and safeguarding members’ deposits President William Ruto is expected to sign the new Cooperative Bill into law within…
