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

President Ruto launching the Affordable housing in Mukuru

Boma Yangu refunds near half of Sh5.47 billion raised as more savers pull out

Sacco ReviewJuly 20, 202603 mins

Kenyans have withdrawn Ksh2.56 billion from the Boma Yangu scheme.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…

National Assembly dismisses claims new Sacco Bill gives Ruto control over Sacco members’ savings

Sacco ReviewJuly 15, 202604 mins

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 beats Tanzania to land Dangote’s KSh2.59 trillion refinery in Lamu

Sacco ReviewJuly 9, 2026July 9, 202606 mins

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…

Kenya’s new Sovereign Wealth Fund explained in simple terms

Sacco ReviewJuly 9, 2026011 mins

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…

Second tranche of NYOTA start-up capital set for national rollout this Friday

Sacco ReviewJuly 6, 202605 mins

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…

President Ruto set to sign new Cooperatives Bill into law within one month

Sacco ReviewJuly 5, 202605 mins

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…

Ruto: Affordable credit remains biggest obstacle for MSMEs

Sacco ReviewJune 28, 202604 mins

President William Ruto has urged a fresh approach to financing micro, small and medium enterprises (MSMEs), stressing that lack of affordable credit continues to be the greatest challenge facing the sector. Speaking during the 2026 World MSME Day celebrations at the Kenyatta International Convention Centre (KICC), Ruto acknowledged government efforts to support entrepreneurs but insisted…

President Ruto urges banks to boost MSME lending

Sacco ReviewJune 28, 202604 mins

President William Ruto has called on commercial banks to expand credit access for micro, small, and medium enterprises (MSMEs), warning that limited financing continues to stifle growth in one of Kenya’s most vital economic sectors. Speaking at the World MSME Day celebrations held at the Kenyatta International Convention Centre (KICC) in Nairobi, the President emphasized…

Sugarcane farmers urge president Ruto to act against cartels blocking sector reforms

Sacco ReviewJune 27, 202604 mins

Sugarcane farmers from the Nyanza region have called on President William Ruto to intervene decisively in the sugar industry, accusing entrenched cartels of undermining reforms and exploiting growers. The farmers, through the Kenya Sugarcane Growers Association, warned that recent gains in the sector risk being eroded unless the government cracks down on vested interests. Speaking…

Ruto commits KSh18 billion to subsidise fertilizer prices as farmer registration hits 7.3 million

Sacco ReviewJune 23, 202604 mins

President William Ruto has announced that the government has allocated KSh18 billion in the 2026/27 budget to sustain subsidised fertilizer prices, a move he said is designed to lower production costs and boost incomes for millions of Kenyan farmers. Speaking during the launch of the Coffee Revival Programme on Monday, June 22, 2026, in Kirinyaga…