Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Tea factories declare lower bonuses for the 2025/2026 season Farmer payouts vary widely across factories Some factories announce bonuses of less than Ksh 20 per kilo Tea farmers are set to receive a low bonus in the month following the declaration of the much awaited payment for the 2025/2026 year. The payment reflects a reduction…
Guarantor-related Sacco complaints surge sharply in 2025 Loan and loan issuance complaints also increase during the year Savings and deposit refund cases remain the largest complaint category Complaints involving Sacco loan guarantors more than quadrupled in 2025, emerging as one of the fastest growing areas of concern among members. According to the 2025 Sacco Supervision…
Treasury plans to redirect Sacco deductions straight to societies Unremitted payroll deductions rise as more members are affected Most outstanding deductions are linked to Sacco loan repayments Kenya is moving to take billions of shillings in workers’ Sacco deductions out of the hands of employers. The payroll overhaul is designed to stop a growing crisis,…
Smallholder tea earnings fall despite firm auction prices Githongo factory records the week’s highest tea price Kenya’s tea sales remain ahead of regional competitors in value Githongo factory posted the best price of the week at the Mombasa Tea Auction, selling its tea at Ksh 477.30 ($3.70) a kilo. Even so, smallholder factories as a…
Bank lending rates differ widely despite a lower industry average Borrowers face different costs depending on the bank and loan terms CBK maintains the Central Bank Rate at 8.75 per cent Kenyans shopping for loans have been handed a fresh guide to the cost of borrowing. New Central Bank of Kenya (CBK) figures reveal a…
Large Saccos continue to hold most of the sector’s deposits Hundreds of smaller societies account for a much smaller share Government-based Saccos hold the largest deposits by membership category Deposits remain heavily concentrated among a small group of large societies, with 46 Saccos controlling nearly 70 per cent of the sector’s total deposits in 2025….
More Saccos are moving financial services onto digital platforms Mobile, USSD and digital lending services continue to expand Sacco agency networks also record growth as access widens Saccos are now taking financial services to the internet as the sector expands its digital platforms and reduces reliance on traditional branches. The 2025 Sacco Supervision Annual Report…
New measures target deposits, shared services and cyber risks SASRA gains wider powers over financial crime compliance Proposed reforms could reshape liquidity and deposit protection systems Kenya’s Sacco sector is facing significant regulatory changes following new measures on deposit protection, money laundering, shared financial services and cybersecurity. The developments, which are contained in the 2025…
Women remain underrepresented in Sacco boardrooms despite gradual gains Female leadership grows stronger in executive positions across the sector Gender representation varies sharply between board and management roles Women hold barely a quarter of Sacco board seats in Kenya, even as more women now lead Saccos as chief executives than ever before. That is the…
Nandi Sacco officials sharpen skills in governance and financial management Training brings cybersecurity and digital tools into focus County and project partners seek stronger farmer organisations Sacco bookkeepers and officials in Nandi County have been taught how to run tighter, safer and more transparent societies. The two day Sacco Toolkit Training Workshop is taking place…
