Co-op News - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Mentor Sacco members vote to scrap AGMs for delegates system

Sacco ReviewOctober 26, 202607 mins

Mentor Sacco members approve major changes to the society’s governance structure. The Sacco outlines plans to expand representation as membership grows. Members back a higher monthly contribution to strengthen family protection benefits. Members of Mentor Sacco have voted to abandon the Annual General Meeting (AGM) in favour of a delegates system, a change the society…

SACCO digital products rise 18pc as providers grow to 267

Sacco ReviewOctober 23, 202603 mins

SACCOs increased their approved digital financial products from 345 in 2024 to 407 in 2025. The number of regulated SACCOs offering digital products grew from 236 to 267. SACCO agency networks expanded, with agents rising to 4,377 as more societies adopted agency banking services. Regulated savings and credit cooperative societies (SACCOs) in Kenya continued to…

SASRA welcomes Sacco amalgamation, reports merger of two Saccos

Sacco ReviewOctober 22, 202605 mins

SASRA has highlighted voluntary mergers as an option for strengthening regulated Saccos. Proposed legislation requiring smaller Saccos to merge has sparked debate across the sector. Smaller cooperatives warn that compulsory mergers could threaten grassroots financial inclusion. The Sacco Societies Regulatory Authority (SASRA) has reported that two regulated Savings and Credit Cooperative Societies (SACCOs) successfully amalgamated…

SACCO income rises to Ksh 172.83 billion, loan interest leading

Sacco ReviewOctober 22, 2026October 22, 202604 mins

Regulated Saccos recorded higher earnings as lending remained their main revenue source. Investments in cooperative institutions and money market funds expanded during the year. Saccos ventured into green bonds as they diversified their investment portfolios. Regulated Savings and Credit Cooperative Societies (SACCOs) grew their total income to Ksh 172.83 billion in 2025, up from Ksh…

Female representation on Sacco boards rises to 25.5%

Sacco ReviewOctober 22, 202605 mins

Women’s representation in Sacco leadership continues to edge upwards.Gender gaps remain wider in some categories of regulated Saccos. Delayed annual meetings could raise concerns over governance and accountability. Women’s share of seats on the boards of regulated Savings and Credit Cooperative Societies (Saccos) rose to 25.5 per cent in 2025. That is up slightly from…

Where regulated Saccos invested members’ money in 2025

Sacco ReviewOctober 21, 2026October 21, 202605 mins

Regulated Saccos increased investments across cooperative institutions and financial markets in 2025. Green bonds emerged as a new investment option as Saccos diversified their portfolios. The KUSCCO crisis continues to shape how Saccos account for affected deposits and shares. Regulated Savings and Credit Cooperative Societies (Saccos) increased their investments in cooperative institutions, government securities and…

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PCEA Sacco opens recruitment for customer relations officer

Sacco ReviewOctober 21, 202606 mins

PCEA Sacco has announced a customer relations officer vacancy with applications closing on October 31. Applicants need a relevant bachelor’s degree and at least three years of experience. Candidates must submit a CV, cover letter and religious leader’s recommendation. The Presbyterian Church of East Africa (PCEA) Regulated Non-Withdrawable Deposit-Taking Sacco Society Ltd has advertised a…

Oparanya, SHA discuss healthcare access for cooperative members

Sacco ReviewOctober 21, 202604 mins

Oparanya and SHA are exploring ways to expand healthcare access for cooperative members and their families. Talks focus on health fund benefits, registration and public awareness. The proposed partnership could help MSMEs access healthcare information and services. Cooperative societies could become a key channel for expanding access to affordable healthcare in Kenya following fresh talks…

Tower Sacco hosts Topkrim DT Sacco for benchmarking visit

Sacco ReviewOctober 21, 202602 mins

Tower Savings and Credit Cooperative Society (Sacco) has hosted a delegation from Topkrim DT Sacco for a benchmarking visit focused on governance, leadership, operations and member service. The visiting team was led by Topkrim DT Sacco Chairman Isaiah Opere Owino and Chief Executive Officer Arphaxard Obala, accompanied by members of the board and staff. Tower…

SASRA invites comments on draft ICT guidelines for Saccos

Sacco ReviewOctober 20, 2026October 20, 202604 mins

SASRA seeks public views on proposed ICT rules for regulated Saccos. The draft guidelines cover cybersecurity, data protection and technology risks. Stakeholders have until November 20 to submit comments. The Sacco Societies Regulatory Authority (SASRA) is seeking public views on new draft technology guidelines for regulated Saccos in Kenya. The regulator has called on stakeholders…