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

NWDT Saccos improve asset quality as reserves strengthen in Q2 2026

Sacco ReviewSeptember 9, 202606 mins

NWDT Saccos recorded lower non performing loans in Q2. Reserves and core capital strengthened during the quarter. Earnings remained volatile despite improving financial indicators. Kenya’s non-withdrawable deposit-taking Saccos (NWDT-Saccos) closed the second quarter of 2026 with improving asset quality and a stronger reserve position, even as earnings continued to swing sharply from one quarter to…

Cooperatives urged to embrace tech, strengthen governance

Sacco ReviewSeptember 8, 202606 mins

Cooperatives urged to embrace technology and strengthen governance. Leaders warned to improve risk management following KUSCCO’s liquidation. Tax gaps, cybersecurity and climate change emerge as key concerns. Cooperative societies have been urged to embrace technology, strengthen governance and continuously improve their skills to remain competitive in a rapidly changing business environment. Institute of Directors Kenya…

Kericho farmers urged to join Saccos, adopt digital tools

Sacco ReviewSeptember 8, 202606 mins

Kericho farmers urged to join Saccos and embrace digital services. Saccos are pushing automation, integration and stronger cybersecurity. Farmers can access financing for tractors and agricultural equipment. Farmers in Kericho County have been encouraged to join savings and credit cooperative societies (Saccos) and take up digital financial services, as stakeholders push for greater access to…

DT Saccos post profit rebound despite rising bad loans

Sacco ReviewSeptember 8, 202605 mins

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,…

Sacco sector assets hit Sh1.25 trillion in Q2 2026

Sacco ReviewSeptember 7, 2026September 7, 202606 mins

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,…

NewFortis Sacco sets delegates election dates, outlines requirements

Sacco ReviewSeptember 7, 202603 mins

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…

Oparanya names eight new members to MSEA board

Sacco ReviewSeptember 5, 202602 mins

Eight new members appointed to the MSEA board. Their terms begin on September 7, 2026. The appointments are part of a wider government reshuffle. Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya has appointed eight new members to the board of the Micro and Small Enterprises Authority (MSEA), with their terms taking effect on September…

Ports DT Sacco crowned best cooperative stand at ASK Mombasa show

Sacco ReviewSeptember 4, 202602 mins

Ports DT Sacco wins best cooperative stand at ASK Mombasa Show. Sacco beats other cooperatives to claim top spot. Award highlights its growth, innovation and member service. Ports DT Sacco has emerged winner of the Best Cooperative Movement Stand award at the 2026 Agricultural Society of Kenya (ASK) Mombasa International Show, marking a milestone in…

Rupsa Sacco seeks business development officer, sets strict deadline

Sacco ReviewSeptember 3, 2026September 3, 202602 mins

Rupsa Sacco has opened applications for a Business Development Officer position, with the recruitment window closing on September 15, 2026. According to the advertisement, the business development officer will drive the Sacco’s growth through recruitment, mobilisation and market expansion. The Sacco is seeking candidates aged between 25 and 45 years, holding a bachelor’s degree in…

Oparanya leads Shirikiana Sacco drive in Bungoma

Sacco ReviewSeptember 3, 202604 mins

Oparanya leads Shirikiana Sacco sensitisation drive in Bungoma. Sacco targets savings, affordable credit and household financial resilience. Farmers and small businesses are set to benefit from new financial services. Cooperatives and Micro, Small and Medium Enterprises (MSMEs) Cabinet Secretary Wycliffe Oparanya has led a sensitisation campaign for Shirikiana Sacco in Bungoma County, as part of…