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

Sacco mergers and deposit guarantee fund top Oparanya agenda

Sacco ReviewOctober 6, 202606 mins

Government pushes smaller Saccos towards consolidation as reforms gather pace New safeguards could change how members’ savings are protected KUSCCO’s collapse highlights wider risks facing the Sacco sector Kenya’s Savings and Credit Cooperative Society (Sacco) sector is heading for consolidation, with the government encouraging smaller societies to merge and a new law expected to cushion…

Metropolitan Sacco liquidation talks paused for 45 days

Sacco ReviewOctober 6, 202603 mins

Metropolitan Sacco members get more time as liquidation talks are paused The government weighs the Sacco’s future amid financial concerns Members face a key decision over the society’s survival The government has suspended talks on the possible liquidation of Metropolitan National Sacco for 45 days, giving its members, who are mostly teachers, time to complete…

IN PICTURES: Saccos mark Customer Service Week nationwide

Sacco ReviewOctober 6, 2026October 6, 202602 mins

Saccos across Kenya have launched customer appreciation campaigns to mark Customer Service Week, as the sector faces stiffer competition from digital lenders and traditional retail banks. Data from the Sacco Societies Regulatory Authority (SASRA) shows that regulated deposits have climbed past Ksh896 billion. Mwalimu National DT Sacco leads with Ksh56.51 billion in member savings, followed…

Ndege Chai Sacco alerts members as three ATMs to close

Sacco ReviewOctober 5, 202603 mins

Ndege Chai Sacco members face changes as three more ATMs near closure ATM services at selected stations will end later this year Members are advised to switch to mobile banking and nearby branches for transactions Ndege Chai Savings and Credit Co-operative Society Limited has notified its members that Co-operative Bank will decommission automated teller machines…

Tower Sacco opens Mtwapa branch to expand coast services

Sacco ReviewOctober 5, 202603 mins

Tower Sacco expands its Coast presence with a new branch in Mtwapa New outlet brings savings, loans and member services closer to residents Sacco continues to grow its branch network across several counties nationwide Tower Sacco has opened a new branch office in Mtwapa, bringing its financial services closer to members and residents at the…

Stima Sacco kicks off Customer Service Week for members

Sacco ReviewOctober 5, 2026October 5, 202603 mins

Stima Sacco launches Customer Service Week with renewed focus on member experience This year’s theme highlights the importance of going beyond routine service interactions Staff and members take centre stage as the Sacco celebrates customer service teams Stima Sacco has kicked off Customer Service Week 2026 with a focus on member experience, highlighting the role…

Kenya leads Africa in global Sacco assets and lending ranking

Sacco ReviewOctober 2, 202608 mins

Kenya moves one place higher in the latest global ranking The country remains Africa’s only representative among the leading 15 Kenyan Saccos continue to post strong assets, lending and membership figures Kenya’s Savings and Credit Cooperatives (Saccos) have climbed to 13th globally and first in Africa, a new international report shows. Kenya stands alone as…

Biashara DT Sacco convenes Special General Meeting in Nyeri

Sacco ReviewOctober 2, 202603 mins

Biashara DT Sacco members are set to meet in Nyeri for a special sitting The 2027 budget will be among the key items on the agenda Members will also take part in a Supervisory Committee election Biashara DT Sacco Society Ltd has called a Special General Meeting for October 9, 2026, bringing members together to…

Stima Sacco widens deposit access through KCB partnership

Sacco ReviewOctober 1, 202603 mins

Stima Sacco expands its reach through a new banking partnership Members gain access to more channels for depositing into their accounts The arrangement adds thousands of access points beyond the Sacco’s branches Stima Sacco members can now deposit into their accounts at 224 KCB branches and more than 22,000 KCB Mtaani agents across Kenya. The…

Top 10 largest Saccos by assets, ranked by SASRA

Sacco ReviewOctober 1, 202605 mins

Kenya’s biggest Saccos continue to expand their balance sheets Lending and deposit mobilisation remain key drivers of Sacco growth The latest industry data reveals shifting fortunes among leading institutions SASRA’s Sacco Supervision Annual Report, 2025 has ranked Kenya’s 10 largest Saccos by total assets, deposits, loans and income. Kenya had 357 regulated Saccos in operation…