Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Bad loans edged higher as DT Saccos posted stronger profits. Capital and liquidity buffers improved significantly in the quarter. Rising loan exposure remains a key risk for the sector. Non-performing loans among Kenya’s deposit-taking (DT) Saccos edged higher in the quarter to June 2026, even as the segment posted stronger capital buffers and improved liquidity,…
Government systems face stronger cybersecurity safeguards. Stakeholders are testing new risk assessment tools. Framework gaps are being addressed before certification. Kenya is stepping up efforts to protect government digital systems and Critical Information Infrastructure (CII) from cybersecurity threats that could disrupt essential services, compromise sensitive information and undermine confidence in the country’s rapidly expanding digital…
Sacco sector assets rise to Ksh1.25 trillion Deposits and loans continue to expand Stronger reserves boost the sector’s capital base Kenya’s regulated Saccos closed the second quarter of 2026 with total assets of Ksh1.25 trillion, a 12.64% rise from June 2025, according to the latest report by the SACCO Societies Regulatory Authority (SASRA). The growth,…
Waumini Sacco Society is mourning the death of its Internal Audit Manager, David Kamau Mwangi, who died on September 5, 2026, at Coptic Hospital after battling an illness. Mwangi served the Sacco for five years, a tenure the organisation says was marked by dedication and professionalism. In a statement, the Sacco said his leadership and…
Business registrations hit a five year high Informal work continues to dominate Kenya’s job market Cheaper business structures drive most new registrations Kenya’s entrepreneurs are registering new ventures at a pace not seen in half a decade, but the numbers tell a more complicated story about the country’s job market. The Business Registration Service (BRS)…
Government warns foreigners against misusing visas for business Visas may be revoked over work permit violations Kenya reaffirms openness to legitimate investors and EAC citizens The government has warned that foreigners found engaging in employment, trade or business activities outside the terms of their visas will have those visas revoked. This is according to a…
NewFortis Sacco sets delegate elections for September 19 to 26 Candidates must meet savings, shares and membership requirements Nomination forms must be returned by September 14 NewFortis Savings and Credit Co-operative Society Limited will hold delegates elections in all electoral zones between September 19 and 26, 2026, starting at 10.00 a.m. In a notice dated…
U&M Housing says it is separate from KUSCCO liquidation Society changed its name to distance itself from KUSCCO Members assured operations and services remain unaffected You and Me Housing Co-operative Society Ltd (U&M Housing) has moved to reassure its members that it has no link to the ongoing liquidation of the Kenya Union of Savings…
KUSCCO liquidation puts Kenya’s co-operative regulator under scrutiny Questions grow over whether the collapse could have been prevented Liquidation must be followed by asset recovery and accountability The liquidation of the Kenya Union of Savings and Credit Co-operative Organisations (KUSCCO) raises questions that go beyond the organisation’s reported financial difficulties. At the heart of the…
Tata exit could trigger India Kenya diplomatic tensions Machakos DG warns of job losses and investor flight Ruto ordered Tata Chemicals to leave Lake Magadi over unmet investment commitments Expelling Tata Chemicals from Magadi in Kajiado County may spark a diplomatic tiff between Kenya and India and diminish investor confidence, Machakos Deputy Governor Francis Mwangangi…
