Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
According to data from the Sacco Societies Regulatory Authority (SASRA), the SACCO industry closed 2024 with gross loans valued at KSh 845.11 billion, marking an 11.41 per cent increase from KSh 758.57 billion a year earlier. Despite the rapid credit expansion, the sector’s non‑performing loan (NPL) ratio remained steady at 8.39 per cent, according to…
Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe has warned farmer cooperative societies against taking loans without clear repayment plans, saying the government will no longer continue writing off debts that fail to meaningfully benefit farmers. He added that stricter accountability measures have been introduced across all agriculture value chains to end the cycle of…
The Kenya Wildlife Service Non-Withdrawable Deposit-Taking Savings and Credit Cooperative (Kewisco Regulated Non-WDT SACCO) has invited all its members based at Kenya Wildlife Service (KWS) headquarters to attend a series of education meetings scheduled to run from May 6 to May 14, 2026, at Safari Walk. The meetings, which will be held from 12:45 pm…
Verona Huruma Regulated Non-Withdrawable Deposit-Taking (NWDT) Sacco has been urged to consider transitioning into a fully deposit-taking Sacco, even as it posted strong financial growth for the year ending December 31, 2025. Speaking at the Sacco’s Annual General Meeting, Nairobi County Director of Cooperatives Dolphine Aremo called on members and leadership to prepare for the…
Twenty lead farmers from four sub-counties in Mandera County; Mandera East, Mandera North, Banisa, and Lafey have concluded a specialised training programme designed to enhance agricultural advisory services at the community level. The initiative implemented by the Rural Agency for Community Development and Assistance (RACIDA) through the Hanaano Programme, in collaboration with Concern Worldwide and…
Kenyan exports will now enjoy duty-free access to the Chinese market, thanks to a new zero-tariff framework under the Kenya–China Early Harvest Agreement, which took effect on May 1, 2026. This agreement promises to provide Kenyan exporters with enhanced market access, expanding trade opportunities between the two nations. The Kenya–China Early Harvest Agreement is expected…
Kenya’s cooperative lenders are facing mounting regulatory pressure as surging digital transactions expose gaps in their payment systems. Industry experts warn that the rapid growth of real‑time payments is testing the resilience of banks and SACCOs, raising concerns about transparency, compliance, and customer trust. According to BPC East Africa Country Manager Prashant Byndoor, real‑time payment…
Government securities have emerged as the leading investment choice for regulated SACCOs, with money market funds also gaining traction and now accounting for 9 per cent of total financial investments. According to the Sacco Societies Regulatory Authority (SASRA), this marked a shift in strategy as SACCOs increasingly favour safer, more liquid assets to strengthen their…
Kenya values its longstanding partnership with Japan, which has brought significant benefits across key sectors, Prime Cabinet Secretary Musalia Mudavadi has said. Mudavadi, who hosted Japan’s Foreign Minister Motegi Toshimitsu highlighted the countries’ shared commitment to deepening ties in trade, investment, development, and multilateral cooperation. Mudavadi praised Japan’s support through Official Development Assistance, especially in…
Management of Savings and Credit Cooperative Societies (SACCOs) in Embu County has been challenged to deliberately target young people in their recruitment and marketing campaigns, with the aim of fostering a culture of long-term saving and investment. It was further suggested that SACCO marketing initiatives be integrated into the education system, with experts visiting secondary…
