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

Homa Bay artisan event turns chaotic as youths grab machines

Sacco ReviewOctober 8, 202605 mins

A youth equipment handover in Homa Bay turned chaotic as crowds surged onto the stadium pitch. Machines and other business equipment became the centre of a scramble as tensions rose. Police were called in and secured the remaining equipment after the handover was halted. A government programme meant to equip women, youths and people living…

Sacco deductions to skip employers in Treasury payroll plan

Sacco ReviewSeptember 30, 202605 mins

Treasury plans to redirect Sacco deductions straight to societies Unremitted payroll deductions rise as more members are affected Most outstanding deductions are linked to Sacco loan repayments Kenya is moving to take billions of shillings in workers’ Sacco deductions out of the hands of employers. The payroll overhaul is designed to stop a growing crisis,…

Sacco loans surge to Sh948.7bn as land, housing lead

Sacco ReviewSeptember 29, 2026September 29, 202609 mins

Lending expanded across key areas of member needs Some Saccos recorded faster loan growth than others Loan performance showed signs of improvement during the year The loan portfolio of regulated Savings and Credit Cooperative Societies (SACCOS) expanded by 12.25 per cent to Ksh948.67 billion in 2025, with land and housing emerging as the largest beneficiary…

Saccos make Sh8.34bn provisions for KUSCCO exposure

Sacco ReviewSeptember 28, 202605 mins

Saccos have set aside billions as losses tied to their KUSCCO investments KUSCCO is moving towards liquidation after members approved the process Sasra is strengthening digital supervision as new financial and cyber risks emerge Savings and Credit Co-operative Societies (Saccos) that had invested shares and deposits with the Kenya Union of Savings and Credit Co-operatives…

Half a million Kenyans join Saccos, membership hits 7.875 million

Sacco ReviewSeptember 28, 202604 mins

Nearly half a million new members joined regulated Saccos during the year Growing deposits and loans reflect rising demand for Sacco financial services Member protection and trust remain key as the sector expands rapidly Nearly half a million Kenyans joined regulated savings and credit co-operative societies (SACCOs) in 2025, pushing total membership to 7.875 million…

MSME drive to launch in Vihiga, set to back young entrepreneurs

Sacco ReviewSeptember 24, 202604 mins

Vihiga prepares to host the first phase of the nationwide MSME drive Government officials to engage entrepreneurs and assess ongoing support programmes The initiative will expand to more counties as officials gather feedback on implementation The government is set to launch a nationwide drive for micro, small and medium enterprises (MSMEs) and young entrepreneurs, starting…

Nairobi’s 2029 Athletics Championships to boost MSMEs

Sacco ReviewSeptember 15, 2026September 15, 202603 mins

Nairobi’s 2029 athletics event is expected to create new business opportunities MSMEs are being urged to prepare for increased demand The championships could open doors for tourism and job creation Kenya is set to benefit from increased business and employment opportunities after Nairobi was selected to host the 2029 World Athletics Championships, Cooperatives and MSMEs…

Oparanya calls for stronger coffee value chain in Western Kenya

Sacco ReviewSeptember 10, 202603 mins

Oparanya urges MMUST to strengthen coffee value chain University asked to support research, training and certified seedlings Government seeks stronger collaboration to boost farmer earnings Cooperatives Cabinet Secretary Wycliffe Oparanya has called on Masinde Muliro University of Science and Technology (MMUST) to play a greater role in strengthening the coffee value chain in Western Kenya….

Oparanya names eight new members to MSEA board

Sacco ReviewSeptember 5, 202602 mins

Eight new members appointed to the MSEA board. Their terms begin on September 7, 2026. The appointments are part of a wider government reshuffle. Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya has appointed eight new members to the board of the Micro and Small Enterprises Authority (MSEA), with their terms taking effect on September…

Oparanya leads Shirikiana Sacco drive in Bungoma

Sacco ReviewSeptember 3, 202604 mins

Oparanya leads Shirikiana Sacco sensitisation drive in Bungoma. Sacco targets savings, affordable credit and household financial resilience. Farmers and small businesses are set to benefit from new financial services. Cooperatives and Micro, Small and Medium Enterprises (MSMEs) Cabinet Secretary Wycliffe Oparanya has led a sensitisation campaign for Shirikiana Sacco in Bungoma County, as part of…