The Sacco Societies Regulatory Authority (SASRA) has given regulated deposit-taking Saccos until November 30, 2026, to renew their authorisation for 2027.
The directive covers every regulated Specified Non-Withdrawable Deposit-Taking (NWDT) Sacco. Each must file its renewal application through the regulator’s online portal at https://sacco.sasra.go.ke. SASRA has said applications will not be accepted on paper or in any hard-copy form.
Supporting documents must also be uploaded through the portal together with the application. Management teams therefore have a few weeks to gather the paperwork and complete the submission before the cut-off.
After the window closes, SASRA will publish the official list of authorised NWDT Saccos for 2027, on or before January 31, 2027. The register will show which institutions the regulator considers fit to run deposit-taking business next year.
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The regulator has urged the public to confirm a Sacco’s authorisation status before transacting with it. SASRA stresses that operating without valid authorisation is illegal, and a member who deposits savings in an unauthorised society could be exposed to avoidable risk.
The notice is based on Section 3(1)(b) and (2) of the Sacco Societies Act, 2008, and Regulations 5 and 9 of the Sacco Societies (Non-Deposit-Taking Business) Regulations, 2020. The provisions give the authority its mandate to license and supervise the sector.
Saccos that need help with the process can reach SASRA on the toll-free line 0800 724 422 or on 0796 488 200, which also works on WhatsApp. A landline is available on +254 (20) 2935000/101, and queries can be emailed to info@sasra.go.ke.
By Benedict Aoya
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