Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Govt targets raising coffee production from 50,000 to 150,000 metric tonnes by 2028/29. Ksh1 billion allocated to the sector, with Ksh4 billion released to clear cooperative debts. Farmers to receive faster payments as reforms expand coffee farming and strengthen cooperatives. The government has launched an ambitious coffee revitalisation programme aimed at tripling Kenya’s annual coffee…
247 Saccos cut or skipped dividends after regulators directed them to retain earnings and strengthen capital reserves. The move aims to improve liquidity, protect members’ savings and support affordable lending despite strong sector growth. Regulated Saccos grew assets to Ksh727.1 billion, while the wider sector’s assets surpassed Ksh1.2 trillion in 2025. Kenya’s Savings and Credit…
Government plans to transform KUSCCO into a federation under the proposed Cooperative Societies Bill. Oparanya says the reforms will strengthen governance, accountability and confidence in the Sacco sector. KUSCCO’s restructuring follows the Ksh13.3 billion scandal and ongoing asset recovery efforts. The government is preparing far reaching reforms in the cooperative sector that will see the…
SASRA says proposed SACCO Bill will establish a Deposit Guarantee Fund to protect members’ eligible savings. Regulator says reforms will strengthen liquidity management and improve stability across the SACCO sector. Clarification comes amid misinformation linking members’ savings to the National Infrastructure Fund. The Sacco Societies Regulatory Authority (SASRA) has clarified that the proposed Sacco Societies…
For millions of Kenyans, a Sacco is far more than just a place to save money. It is a trusted financial partner that has helped families educate their children, build homes, launch businesses, and weather severe economic hardships. Unlike conventional financial institutions driven solely by corporate profit, Saccos are owned by the very people they…
Co-operatives and Micro, Small and Medium Enterprises Development Cabinet Secretary, Wycliffe Oparanya has reiterated the government’s commitment to supporting Micro, Small and Medium Enterprises (MSMEs) through progressive policies, affordable credit, and capacity‑building programmes aimed at driving sustainable growth and competitiveness. In a speech delivered on his behalf by his Special Advisor, Dr. Edward Mudibo during…
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 Cabinet Secretary for Cooperatives and MSME Development, Wycliffe Oparanya, on 3rd June, 2026, presided over the official launch of the Budalangi Market Women SACCO, bringing together 79 registered women groups in a move set to deepen financial inclusion in the region. The event saw KSh8.4 million disbursed to women groups to support enterprise development…
Cabinet Secretary (CS) for Cooperatives and MSMEs Development Dr. Wycliffe Oparanya has reaffirmed the government’s commitment to strengthening Kenya’s cooperative movement, as the country marked the 104th Ushirika Day celebrations at Uhuru Park, Nairobi County, under the global theme “Cooperatives for a Peaceful World.” Speaking at the event, Oparanya said the occasion reaffirmed the vital…
CS Oparanya has urged financial institutions to design products around the realities of farming, recognizing alternative forms of security while aligning repayment schedules with production cycles. The government has moved to place cooperative societies at the centre of its plan to widen smallholder farmers’ access to affordable credit and speed up the transformation of Kenya’s…
