Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
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…
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 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 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…
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…
Kirinyaga County has received a major boost after President William Ruto announced the waiver of more than KSh1 billion in debts owed by 14 coffee cooperative societies, a move expected to ease financial pressure on farmers and accelerate reforms in the sector. Speaking during the national launch of the Coffee Sector Revitalisation Programme in Kianyaga,…
One of the biggest disappointments when Treasury Cabinet Secretary John Mbadi read the budget a was ignoring employees’ Pay As You Earn (PAYE) demands. In several public participation forums across the country, workers and private sector umbrella bodies had lobbied the government to at least zero-rate income for earners below Ksh 30,000 to combat shrinking take-home pay,…
President William Ruto has unveiled an ambitious government plan aimed at boosting coffee farmers’ earnings from the current Ksh158 per kilogramme to between Ksh250 and Ksh300 over the next few years. The initiative forms part of a wider strategy by the government to revitalise and transform Kenya’s coffee sector. Speaking in Kianyaga, Kirinyaga County, during…
