Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Cabinet Secretary (CS) for Investment, Trade and Industry Lee Kinyanjui has outlined a comprehensive government strategy to modernise county markets and strengthen support for traders and small businesses, signalling a sharper policy focus on the informal and micro-enterprise sector as a driver of economic growth. Appearing before the Senate Plenary at Parliament buildings on May…
The SACCO Societies Regulatory Authority (SASRA) has raised concerns over the stability of Kenya’s SACCO sector after new data revealed that the bulk of cooperative deposits are concentrated in a small fraction of wealthy accounts, even as millions of low‑value savers continue to join the movement. According to SASRA’s supervisory report, total deposit accounts rose…
The Agriculture and Food Authority (AFA) on May 5, convened a stakeholders’ consultative forum bringing together key players in the macadamia subsector to plan reforms aimed at strengthening the value chain. The meeting focused on building consensus around price stabilization and introducing measures to guarantee fair compensation for farmers. During the session, macadamia farmers raised…
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…
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…
