Acting Chief Executive Officer of the Sacco Societies Regulatory Authority (SASRA), David Sandagi-Photo|Courtesy

SASRA warns of fragile SACCO funding structure as wealthy savers dominate majority deposits

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…

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Macadamia stakeholders during the AFA consultative meeting. Photo Courtesy

AFA,Macadamia stakeholders meet to chart reforms to strengthen the sector

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…

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SACCO sector posts KSh 845 billion in loans as NPL ratios hold steady amid rising risks

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…

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Kagwe
CS Mutahi Kagwe speaking during a past event. Photo Courtesy

Kagwe warns farmer coops against taking loans without clear repayment plans, says Govt won’t continue writing off debts

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…

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Kewisco Sacco
Kewisco NWDT SACCO is ready to to hold members' education meetings across KWS directorates

Kewisco NWDT SACCO to hold members’ education meetings across KWS directorates

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…

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Verona Huruma NWDT Sacco members
Verona Huruma NWDT Sacco membersbduring their AGM meeting. Photo by Obegi Malack

Verona Huruma NWDT Sacco urged to transist into fully DT-Sacco to enhance growth

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…

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Mandera farmers during the training. Photo Courtesy

Mandera trains lead farmers to boost community agricultural resilience

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…

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Digital transactions expose weaknesses in SACCO payment systems as regulators tighten oversight

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…

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Government securities lead SACCO investment portfolios as money market funds rise to 9 per cent

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…

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SACCOs
Members of a leading Sacco in Embu County during an AGM meeting, it turns out that most were dominated by elderly people hence the need to market the entities more to young people to inculcate the culture of savings into them.

SACCOs in Embu urged to target youth to boost saving culture

Management of Savings and Credit Cooperative Societies (SACCOs) in Embu County has been challenged to deliberately target young people in their recruitment and marketing campaigns, with the aim of fostering a culture of long-term saving and investment. It was further suggested that SACCO marketing initiatives be integrated into the education system, with experts visiting secondary…

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