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

Oparanya briefs senators over KUSCCO’s KSh12B deficit as SACCO reforms intensify

Sacco ReviewMay 12, 2026May 14, 202606 mins

Cabinet Secretary for Co‑operatives and MSMEs Development Wycliffe Oparanya has disclosed that the Kenya Union of Savings and Credit Cooperatives (KUSCCO) is grappling with a financial deficit of nearly Ksh12 billion, a crisis uncovered through a forensic audit that revealed years of misreported profits. The revelation comes as the government intensifies reforms aimed at restoring…

Western Kenya farmers urged to embrace coffee farming amid declining sugarcane profits

Sacco ReviewMay 12, 2026May 14, 202604 mins

Farmers across Western Kenya are being urged to diversify into coffee farming as part of government efforts to revive agricultural incomes in the region. Speaking during a sensitisation forum in Busia County, Cooperatives Cabinet Secretary Wycliffe Oparanya said coffee offers far better returns than traditional crops such as sugarcane and maize, which have suffered declining…

Oparanya meets interim officials of Tushirikiane DT Sacco to drive Western Region’s economic agenda

Sacco ReviewMay 8, 202604 mins

Cooperatives and MSMEs Cabinet Secretary Wycliffe Oparanya has held the inaugural meeting with interim officials of Tushirikiane DT Sacco, a newly formed financial institution that is expected to anchor economic transformation in Western Kenya. The Sacco, launched earlier at Emabole, draws membership from Kakamega, Bungoma, Busia, Vihiga, and Trans Nzoia counties. It has already registered…

Western Region moves to establish “Tushirikiane DT Sacco” to boost economic empowerment

Sacco ReviewMay 3, 2026May 4, 202606 mins

Residents of Western Kenya, comprising Bungoma, Busia, Kakamega, Trans-Nzoia, and Vihiga counties, are set to benefit from a new regional Savings and Credit Cooperative (SACCO) aimed at driving economic empowerment. The initiative, dubbed “Tushirikiane DT Sacco,” is being spearheaded by the Cabinet Secretary for Cooperatives, Wycliffe Oparanya, who on Saturday convened a high-level stakeholders’ meeting…

Oparanya rallies Western Kenya counties to form SACCOs, revitalize coffee farming

Sacco ReviewMay 3, 2026May 14, 202603 mins

Cabinet Secretary for Cooperatives and MSMEs Wycliffe Oparanya has urged counties in Western Kenya to strengthen cooperative structures and revitalize coffee farming as part of efforts to boost financial inclusion and household incomes. Speaking after a meeting with promoters and delegates from Busia, Bungoma, Trans Nzoia, Vihiga and Kakamega, Oparanya described the engagement as “productive,”…

Government releases KSh13.6 million Uwezo Fund and KSh10.2 million Youth Fund to groups in Lugari

Sacco ReviewApril 26, 202604 mins

The Ministry of Cooperatives, Micro, Small and Medium Enterprises (MSME) has disbursed KSh13.6 million under the Uwezo Fund and KSh10.2 million from the Youth Development Fund to women, youth, and Persons with Disabilities (PWDs) in Lugari constituency. Presiding over the issuance of cheques at Chevaywa Vocational and Training Centre, Cabinet Secretary Wycliffe Oparanya urged beneficiaries…

Gov’t moves to reform SACCO sector amid push for growth and trust

Sacco ReviewApril 23, 202604 mins

The government has stepped up efforts to reform Kenya’s cooperative movement, with Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya leading a renewed push for structural changes aimed at strengthening the sector. Oparanya said the proposed reforms are designed to make Savings and Credit Cooperative Organizations (SACCOs) more self-sustaining while safeguarding members’ savings. Central to…

Oparanya declares digital compliance mandatory for SACCO licensing

Sacco ReviewApril 12, 202604 mins

Cabinet Secretary for Cooperatives and MSME Development, Wycliffe Oparanya, has announced that no Savings and Credit Cooperative Society (SACCO) will be licensed to operate unless it demonstrates full commitment to digital transformation. Speaking at the recent Leadership, Ethics and Strategic Governance Forum, Oparanya warned that failure to modernize would erode public trust and ultimately destroy…

Oparanya urges SACCOS to expel rogue officials as sector reforms intensify

Sacco ReviewMarch 14, 202604 mins

Co-operatives and Micro, Small and Medium Enterprises Development Cabinet Secretary Wycliffe Oparanya has called on savings and credit cooperatives (SACCOS) to take decisive action against rogue officials implicated in fraud and financial mismanagement. He warned that allowing such individuals to move freely between institutions undermines trust and stability in the cooperative sector. Speaking during a…

Experts call for continued freeze on new Sacco registrations pending legal reforms

Sacco ReviewFebruary 19, 202604 mins

A government‑appointed team of experts has advised the Ministry of Co‑operatives and MSMEs Development to maintain the suspension on registering new Saccos until a stronger legal framework is established. This comes amid concerns over governance gaps, unregulated growth, and the safety of members’ deposits in Kenya’s expansive cooperative sector. The committee, formed by Cabinet Secretary…