Saccos face new rules on deposits and cybersecurity

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…

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Attendees follow proceedings during the Sacco Toolkit Training Workshop in Kapsabet, Nandi County. PHOTO| courtesy

Nandi Sacco training targets governance and cybersecurity

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…

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Ports Sacco wins four awards at the Nairobi Trade Fair

Ports Sacco earns recognition for its trade fair exhibition The Sacco’s display attracts attention across financial and cooperative categories Its presence highlights the growing role of Saccos at major trade events Ports Sacco has secured four recognitions at the Nairobi International Trade Fair, emerging first in the Best Micro Financial Institution Stand category. The Sacco…

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SASRA Chief Executive Officer David Sandagi speaks a past event.- PHOTO| Courtesy

Where regulated Saccos invested members’ money in 2025

Saccos increased investments across several financial instruments Cooperative institutions attracted the largest share of investments Saccos diversified holdings amid losses linked to KUSCCO Regulated Savings and Credit Cooperative Societies (Saccos) increased their investments in cooperative institutions, government securities and collective investment schemes in 2025. According to the 2025 Sacco Supervision Annual Report by the Sacco…

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KUSCCO liquidation petition struck out by High Court

High Court strikes out petition seeking to liquidate KUSCCO Court rules cooperative societies fall under a separate legal framework Commissioner appoints a liquidator to oversee KUSCCO’s affairs The High Court has struck out an insolvency petition seeking to liquidate the Kenya Union of Savings and Credit Cooperatives Limited (KUSCCO). Nairobi’s Milimani High Court ruled that…

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Cooperative Alliance of Kenya (CAK) delegation members during a visit to a local agricultural farm in Nagano, Japan. PHOTO| Courtesy

Kenya cooperatives eye Japan’s Nagano farmers’ market model

Kenyan cooperatives explore ways to shorten farm-to-market chains Nagano model links farmers directly with consumers Cooperatives could expand into retail and value addition Kenya’s cooperative movement could play a bigger role in connecting farmers directly to consumers, following a benchmarking visit by the Cooperative Alliance of Kenya (CAK) to a farmers’ market in Japan’s Nagano…

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A new pastoral vehicle financed by Waumini Sacco for the Catholic Women Association of Holy Cross Ramba Parish in Kisumu. PHOTO| Courtesy

Waumini Sacco finances new pastoral vehicle for parish

Parish expands transport capacity for pastoral activities Sacco financing supports institutional asset acquisition Catholic institutions can access dedicated membership and loan products Waumini Sacco has financed a new pastoral vehicle for the Catholic Women Association (CWA) of Holy Cross Ramba Parish in the Catholic Archdiocese of Kisumu, expanding the role of Sacco financing in supporting…

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Co-operatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya speaks during the launch of the Sacco Supervision Report 2025. PHOTO| Courtesy

Sacco loans surge to Sh948.7bn as land, housing lead

Lending expanded across key areas of member needs Some Saccos recorded faster loan growth than others Loan performance showed signs of improvement during the year The loan portfolio of regulated Savings and Credit Cooperative Societies (SACCOS) expanded by 12.25 per cent to Ksh948.67 billion in 2025, with land and housing emerging as the largest beneficiary…

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Imarika DT Sacco headquarters in Kilifi Town.- PHOTO| Courtesy

KUSCCO collapse: Imarika Sacco says exposure fully covered

Imarika DT Sacco says it fully provided for its KUSCCO exposure by 2025 The Sacco says its capital and liquidity position enabled it to maintain member payouts Imarika has tightened investment and risk controls following the KUSCCO crisis Imarika DT Sacco says it fully provided for its Kenya Union of Savings and Credit Cooperatives (KUSCCO)…

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