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…
CS Wycliffe Oparanya before the Senate Standing Committee on Trade, Industrialisation and Tourism at Bunge Tower on Tuesday, May 12, 2026-Photo|Courtesy
Oparanya briefs senators over KUSCCO’s KSh12B deficit as SACCO reforms intensify
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
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…
2NK Sacco allocates KSh80 million for new headquarters in Nyeri
2NK Sacco has unveiled plans to acquire its own building in Nyeri at a cost of KSh 80 million, a move aimed at cutting operational expenses and consolidating its services under one roof. The investment follows a resolution passed during the 2025 Annual General Meeting (AGM) Chairman Ephraim Karimi confirmed that the Sacco has already…
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….
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…
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….
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,…
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…
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…
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…
