Wycliffe Oparanya - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Kenya grants ACCOSCA diplomatic status in landmark deal

Sacco ReviewAugust 14, 202603 mins

Kenya has granted ACCOSCA diplomatic status through a new Host Country Agreement. The agreement was signed by Prime Cabinet Secretary Musalia Mudavadi and ACCOSCA Head of Mission George Ombado. The status is expected to strengthen ACCOSCA’s operations and its role in promoting the Sacco movement across Africa. The Government of Kenya has signed a Host…

Oparanya calls for action on coffee sector reforms

Sacco ReviewJuly 31, 2026July 31, 202604 mins

CS Wycliffe Oparanya urged investors and cooperatives to act on coffee sector reforms to revive Kenya’s coffee industry. The government has disbursed over KSh6 billion through the Coffee Cherry Advance Revolving Fund to support smallholder farmers. Oparanya said the Cooperative Societies Bill and other reforms will strengthen governance and boost the sector’s recovery. Cooperatives and…

Government rules out Sacco term limits, to boost SASRA oversight

Sacco ReviewJuly 29, 202606 mins

Government rules out term limits for Sacco directors, saying leadership should remain a democratic choice for members. Ministry plans to expand SASRA oversight to regulate all Saccos, strengthen governance and deploy technology for closer financial monitoring. Proposed Sacco Societies (Amendment) Bill, 2025 creates an independent Deposit Guarantee Fund Board to protect members’ deposits and improve…

Govt targets tripling coffee output through sector revival programme

Sacco ReviewJuly 21, 202607 mins

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…

Why many Saccos have cut, skipped dividend payouts

Sacco ReviewJuly 20, 202606 mins

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…

Govt to turn KUSCCO into federation under sweeping Sacco reforms

Sacco ReviewJuly 17, 2026July 17, 202605 mins

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…

Your savings are safe: SASRA clarifies deposit protection in new SACCO bill

Sacco ReviewJuly 15, 2026July 15, 202603 mins

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…

Why Saccos must be protected at all costs

Sacco ReviewJuly 13, 202605 mins

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…

Oparanya reaffirms Gov’t commitment to strengthen MSMEs through credit and market access

Sacco ReviewJuly 7, 202603 mins

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…

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…