Kenya's government plans to use more than Sh1 trillion held by SACCOs to help finance major development projects through the National Infrastructure Fund.
The move is set to be backed by the new Cooperatives Bill.
After SACCOs, Banks And M-Pesa Are Next As Kenyans Become Guarantors For A Debt Crisis They Never Ate
Kenyans must stop asking why Kenya has not defaulted and start asking who is being prepared to carry the default when the music finally stops.
Ghana was here.
Sri Lanka was here.
Zambia was here.
Argentina was here.
Lebanon was here.
The script is always the same, because a broke government borrows until lenders get tired, taxes until citizens are dry, leans on banks until credit disappears, pushes pain into pensions and domestic savings, then tells the public that sacrifice is needed to save the country.
That is why the SACCO story should scare Kenyans more than they currently seem scared, because SACCO savings are not government money, they are the private sweat of teachers, police officers, nurses, farmers, matatu people, boda riders, mama mbogas, small traders and workers who ran there after banks abandoned them.
In every default story, the government does not stand alone at the edge of the cliff, because it drags citizens there as guarantors through inflation, taxes, currency pain, bank losses, pension restructuring, frozen credit and forced patriotic nonsense dressed up as national recovery.
Banks already formed a comfortable debt circle with government, where lending to Treasury became safer and sweeter than lending to SMEs, which slowly choked biashara, starved the real economy and turned ordinary Kenyans into beggars inside their own banking system.
Now the same government that fed banks with public debt is walking into SACCOs, looking at the last pool of money ordinary Kenyans still controlled after taxes, deductions, mobile money charges, fuel prices, school fees and rent had already eaten their pockets.
The anus cannot be stitched to stop diarrhoea.
A debt crisis cannot be solved by raiding SACCOs, squeezing banks, eyeing M-Pesa, selling public assets and pretending that every desperate grab is an infrastructure plan.
Ghana called it domestic debt exchange.
Sri Lanka called it restructuring.
Argentina called it emergency controls.
Lebanon left people staring at bank balances they could not freely touch.
Kenya will give it a cleaner name, maybe national development, domestic resource mobilisation, infrastructure financing or patriotic investment, but the meaning will be the same.
The citizens are being prepared as guarantors for debts they never ate.
Kenyans are not angry enough, because if they understood where this road ends, they would know SACCOs are not the final target, they are the warning shot before banks, M-Pesa and every private pool of money still breathing outside Treasury’s hands.
The money is finished.
Tomorrow, we are marching peacefully to Parliament to lay flowers for the Gen Z heroes whose lives were ruthlessly cut short by police bullets.
We have asked President Ruto and his government to line up uniformed police officers along the route we gave them to protect us and businesses from his gang of goons and killer cops. This request is not a favour but a constitutional right to a peaceful march. No more illegal arrests, abductions, bloodshed, and killings.
For those outside Nairobi, feel free to visit the families of the Gen Z heroes. Their sacrifice shall not be forgotten, and one day their killers and their masters will be held accountable.
#Justice4ourMashujaa #HakiSASA #JusticeNOW
Payment integration is not just about receiving money.
It's about reconciliation.
Paybill + Daraja API gives you account references and cleaner transaction matching.
A Till Number can work, but without a reconciliation strategy, you're signing up for manual checks.
🧵WPPScangoup AGM
Raw Shareholders Questions
-Why is business declining while competitors are declining
-Why is there dividend draught for 6 years now. what is management doing about that
-Why are shareholders being harassed at the entrance by guards, like animals
All transport subsectors, covering passenger transport, cargo and logistics, ride-hailing, motorcycle transport, tourism transport, driving schools, school buses and private motorists have resolved to stand together in the largest industrial action in Kenya’s history.
"Now EPRA has become has become the biggest place fir cartels to tax Kenyans to death, On Monday there will be strictly no movement of all vehicles. All roads will be blocked" ~Matatu owners on high fuel price.
May 2026 ENSO update:
The charts are blistering RED! Kenya's OND rainy season is likely to coincide with a strong El Nino (> 95% probability) and a strong +ve IOD, going by May 2026 initial conditions.
The first reports of highly enhanced precipitation likely to occur in Eastern, North Eastern and the Coast in the coming rainy season
I’ve just signed a petition calling for Sen. Karen Nyamu to be held accountable for degrading a Grade 10 student in the Kenyan Senate. No child should ever be objectified or humiliated in the Senate or any public institution. Join me and share this post to demand action and stronger protection for children’s dignity.
https://t.co/2OFsxF9CAN https://t.co/2OFsxF9CAN
This is the footage from Moyale, where a protestor has been shot while protesting over the abduction of two elders, a former chief and a village elder.
#EndAbductionsKe#EndPoliceBrutalityKe
THREE ARRESTED AS COPS SEIZE RETAY FALCON PISTOL ALONG KANGUNDO ROAD
A team of Law Enforcement Officers based at Kayole Police Station have arrested three suspects recovering a Retay Falcon pistol along Kangundo road.
The drama unfolded near Saika stage when alert officers on patrol spotted a motorcycle carrying a rider and two pillion passengers approaching.
However, upon noticing the police officers, the motorcycle sped off into Saika Estate, raising immediate suspicion and triggering a swift police pursuit.
Officers moved in fast and successfully intercepted the motorcycle. The two pillion passengers jumped off and scattered in different directions, sparking a foot chase through the busy neighbourhood.
During the pursuit, one of the suspects, later identified as 19-year-old Shem Kariuki Ondieki, dropped an object as he fled. Officers later cornered and arrested him before returning to inspect what had fallen.
Lying on the ground was a Retay Falcon pistol loaded with 10 rounds of 9mm ammunition: a deadly find that signalled the suspects may have been on a far more dangerous mission than an ordinary boda boda ride.
The motorcycle rider, 19-year-old Emanuel Maina Kioi, was also arrested at the scene.
Detectives immediately launched a manhunt for the third suspect who had vanished into the sprawling estates of Eastlands.
The trail led officers deep into Dandora Phase Four, where they stormed a house linked to the suspect Samwel Okoth Ochieng, arresting him in the house.
Recovered from the house were a Ceska pistol magazine loaded with 16 rounds of 9mm ammunition, 62 assorted mobile phones, assorted electronic items, a Mercedes-Benz ignition key and several other incriminating items.
The suspects are currently being held at Kayole Police Station undergoing processing pending arraignment, as officers widen investigations into what is suspected to be an organised criminal syndicate operating within Nairobi’s Eastlands.
#FichuaKwaDCI. Call 0800 722 203 (Toll-free) or WhatsApp at 0709 570 000 to report anonymously. Usiogope!