APOLOGY AND CLARIFICATION ON SHIRIKA SACCO STORY

On April 12, 2026, The Sacco Review online paper (www.saccoreview.co.ke) published a story about Shirika Housing Cooperative Ltd titled ‘Crisis at Shirika: Members plot uprising as troubled cooperative heads for explosive AGM’ While the article was exclusively about Shirika Housing cooperative, we erroneously used the photograph and logo of Shirika DT Sacco Ltd which is…

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From left Kitui Central District Coop Officer Dennis Muthoka, Bestrock Director Peninnah Mutuku, Bestrock Vice Chair Dr. Julius Mullilu Kisin

Bestrock Sacco strengthens governance with delegate induction drive

Bestrock Savings and Credit Cooperative Society Limited is strengthening its governance, empowering its leadership, and positioning itself for sustained growth through an intensive delegate induction programme held in Kitui. The Sacco brought together 150 delegates for a comprehensive training at the Kitui Multipurpose Development Training Institute, underscoring its commitment to transparency, accountability, and member-driven leadership….

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TNT Chair Dr. Evans Sichangi speaking during the AGM

TNT Sacco sets KSh4.5 billion asset target in new growth plan

Trans‑National Times (TNT) Sacco delegates have endorsed a three‑year strategic plan aimed at expanding the cooperative’s asset base to KSh 4.5 billion. The plan, adopted during the annual delegates’ meeting, is designed to strengthen financial stability while enhancing service delivery to members. Speaking at the launch, Sacco Chairman Dr Evans Sichangi said the blueprint goes…

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Boresha Sacco new Chairman
Boresha DT Sacco new chairman Kipruto Kiptoo speaking during the event. Photo Courtesy

Boresha DT Sacco appoints Kipruto Kiptoo as New Chairman

Boresha Deposit-Taking (DT) SACCO limited has appointed Kipruto Kiptoo as its new Chairman, succeeding the outgoing long-serving Chairman, Albert Chebiegon. Speaking during the leadership transition, Chief Executive Officer (CEO) Jacob Mengich expressed confidence in the new Chairman’s leadership, noting that management will work closely with him to steer the Society to greater growth and success….

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Chairman of Palais des Thés François-Xavier Delmas, President of France Emmanuel Macron President William Ruto; Equity Group Managing Director and CEO James Mwangi; and Chairman of Gatanga Industries Limited, Karanja Kinyanjui, during the signing of the agreement on May 11, 2026-Photo|Courtesy

Kenyan Purple Tea secures direct entry into premium French markets through landmark pact

Kenyan tea farmers are set to access high‑value international buyers following the signing of a landmark export and promotional agreement between French tea company Palais des Thés, Gatanga Industries Limited, and Equity Group Holdings Plc. The deal was signed in Nairobi on the sidelines of the Africa Forward: Africa–France Partnerships for Innovation and Growth Summit,…

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Dairy cows
Kenya's fresh milk production has hit 5.5 million tonnes in 2025, a 3.5% increase from the previous year and the third consecutive record, according to the Kenya National Bureau of Statistics (KNBS) Economic Survey 2026 released on April 30, 2026.

KNBS Economic Survey 2026: Kenya dairy sector hits record 5.5 million tonnes as New KCC battles losses

Kenya’s dairy farmers are producing more milk than ever before, and the numbers to prove it are finally here. Fresh milk production hit 5.5 million tonnes in 2025, a 3.5% increase from the previous year and the third consecutive record, according to the Kenya National Bureau of Statistics (KNBS) Economic Survey 2026 released on April…

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Coffee beans
Coffee berries. Kenyan coffee farmers, cooperatives, and exporters earned significantly higher returns from direct coffee export sales in March 2026. File image

Kenyan coffee farmers earn Ksh1.75B more through direct export sales in March

Kenyan coffee farmers, cooperatives, and exporters earned significantly higher returns from direct coffee export sales in March 2026 as international buyers continued paying premium prices for high-quality and traceable Kenyan coffee outside the traditional auction system. According to a new report by the Agriculture and Food Authority (AFA), growers and exporters sold 1.70 million kilograms…

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Imarisha Sacco Plaza-Photo|Courtesy

Imarisha Sacco sets stage for delegate elections as nomination process begins

The members of Imarisha Sacco Society Limited have been officially notified of upcoming elections for delegates, in a process aimed at strengthening representation and enhancing governance within the cooperative society. In a notice issued to all members and delegates, the Sacco confirmed that the election exercise will be conducted soon, with the specific dates and…

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Acting Chief Executive Officer of the Sacco Societies Regulatory Authority (SASRA), David Sandagi-Photo|Courtesy

SASRA flags rising asset concentration as large SACCOs dominate industry

The SACCO Societies Regulatory Authority (SASRA) has raised concern over the ever‑increasing concentration of assets within Kenya’s regulated SACCO industry, warning that a small cluster of large institutions continues to dominate the sector. According to SASRA, by 2024, a total of 60 large‑tiered regulated SACCOs controlled 77.07 per cent of the industry’s total assets, amounting…

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Kenyan diaspora remittances mobilized for climate solutions through SACCOs, says WOCCU

Nearly $5 billion in annual remittances from Kenyans abroad is being redirected to support climate solutions through a new program that channels diaspora savings into renewable energy, water access, climate‑smart agriculture, and green housing projects. According to the World Council of Credit Unions (WOCCU), the initiative creates a direct pathway for diaspora funds to finance…

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One of Nyamira County rural vegetable organic gardening free of toxics-Photo|Enock Okong'o

Ban use of toxic chemicals in agriculture, environmentalist tells Govt

Scientist and Environmentalist, PM Mokaya has petitioned the African Union to ban the use of toxic chemicals in agriculture, arguing that profit-driven farming is endangering human health, soil fertility, and the continent’s food security. Mokaya cited highly hazardous pesticides, or HHPs, that are still used across Africa despite being banned or restricted in the EU…

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