SASRA Acting Chief Executive Officer, David Sandagi speaking in a past event/Photo File
SASRA report: SACCO total assets hit Ksh 1.21 Trillion mark
Sacco Societies Regulatory Authority (SASRA) has released the Quarterly Statistical and Soundness Report for the period October to December 2025, providing a comprehensive overview of the performance, growth and financial stability of Regulated SACCOs in Kenya The report indicated that by December 2025, total assets of regulated SACCOs had grown to Ksh 1.21 trillion, up…
Machakos-based lawyer Diana Ngei/Photo Courtesy
Machakos lawyer decries poor representation denying women, youth groups access to funds for development
Machakos-based lawyer has raised concern over what she term as underrepresentation of women, youth groups and people Living with disabilities (PWDs) in Machakos County. Diana Ngei who hails from Tala said many women groups in the County had not benefitted from Women Empowerment funds in the past 10 years despite having a Woman Representative specifically…
Small-scale women traders during the Dada Mashinani Programme in Busia County
Busia onboards over 10,000 women traders into Dada Mashinani programme
Busia County has successfully onboarded more than 10,000 small-scale women traders into the Dada Mashinani program, a transformative initiative designed to enhance entrepreneurship and financial literacy at the grassroots level. The program is implemented through a partnership between the County Government, the Stanbic Bank Foundation, and Kenya Industrial Estates. The initiative targets women at various…
Treasury CS John Mbadi speaks while appearing before the Senate on Wednesday 25th February,2026-Photo|Courtesy
Treasury raises penalties to rein in predatory digital and microfinance lenders
The Treasury has unveiled tougher measures against digital and microfinance lenders accused of exploiting Kenyans with excessive interest rates and aggressive debt collection practices. While appearing before senators, Treasury Cabinet Secretary John Mbadi said that fines for violating the Banking Act have been increased from KSh500,000 to KSh2 million. He said the move is intended…
CIS-Kenya newly appointed CEO Andrew Kioi Njeru/Photo Courtesy
CIS-Kenya appoints Andrew Kioi Njeru as CEO
The Credit Information Sharing Association of Kenya (CIS-Kenya) has appointed Andrew Kioi Njeru as the new Chief Executive Officer (CEO). This was announced by the Association’s Governing Council, which stated that his appointment takes effect as from February 16, 2026. “The Governing Council of the Credit Information Sharing Association of Kenya (CIS-Kenya) is pleased to…
Sidian Bank CEO Chege Thumbi speaking during KETSA meeting/Photo by Fredrick Odierpo
Sidian Bank to work with SACCOs to spur growth
The Sidian Bank has reaffirmed its commitment in working with Saving and Credit Cooperative Organisations (SACCOs) to leverage itself through partnerships and linkages in order to spur growth. The banks’ Chief executive officer Chege Thumbi said that SACCOs can serve as trusted financial partners throughout members’ life journeys. Speaking in Kisumu during the Kenya Teachers…
Cooperatives and MSMEs CS Wycliffe Oparanya before Members of the Committee on Trade, Industry and Cooperatives. Photo Courtesy
State Department for Cooperatives has Ksh7.816 Billion shortfall, Oparanya says
The Cabinet Secretary for Cooperatives and Micro, Small and Medium Enterprises (MSMEs) Wycliffe Oparanya has revealed that the Ministry grappling funding gaps, calling on Members of the Committee on Trade, Industry and Cooperatives to support in addressing the shortfall. Oparanya who was speaking before the committee on Monday said the State Department for Cooperatives has…
Invest and Grow Sacco CEO Peter Vuhyah gifts a guest during the launch of the Sacco's 2023-27 strategic plan . Photo by WAKHUNGU ANDANJE
IG SACCO gets new chairman as society eyes more growth amid retirees call for inclusion
The Invest and Grow Savings and Credit Cooperative Organization (IG SACCO), has welcomed Rodgers Waswa as its new chairman, taking over from Kennedy Keya who has completed his tenure. This was announced during the members education programme held at Friends church Shirugu. The outgoing Chairman in his speech read by the IG Sacco treasurer Wycliffe…
SASRA Acting CEO CPA David Sandagi/Photo Courtesy
SASRA advertises CEO position
The Sacco Societies Regulatory Authority (SASRA) has announced a vacancy for the position of Chief Executive Officer (CEO), setting the stage for the recruitment of a substantive head to steer the regulation of Kenya’s SACCO sector. In a notice on Tuesday, February 24, inviting applications, the Authority said the successful candidate will be appointed on…
Boresha Sacco Kitale Branch Manager Daniel Toroitich and the County officials during the financial empowerment workshop/Photo Courtesy
Boresha Sacco urges Trans Nzoia County officers to strengthen financial literacy, discipline
The Boresha Savings and Credit Cooperative Organization (SACCO) has called upon the Trans Nzoia County government officers to enhance their financial literacy and adopt prudent money management practices to secure their financial future. Speaking during a one-day financial empowerment workshop for Public Service Management staff in Kitale, the Sacco’s Kitale Branch Manager, Daniel Toroitich, underscored…
