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

Tower Sacco hosts four organisations in empowerment talks

Sacco ReviewOctober 14, 202602 mins

Tower Sacco has hosted four organisations at its headquarters for discussions on potential collaboration around financial and economic empowerment. The delegation brought together representatives from the Micro Enterprises Support Programme Trust (MESPT), East Africa Market Development Associates (EAMDA), NCBA CLUSA International and Women’s Empowerment Link (WEL). Tower Sacco Chief Executive Officer Patrick Njenga received the…

Kakamega boda boda Sacco launched to boost riders’ savings

Sacco ReviewOctober 14, 202607 mins

Kakamega boda boda riders have formed a Sacco to strengthen savings and improve their livelihoods. The initiative follows training on road safety, financial literacy and the benefits of collective savings. The Sacco plans to help members access loans, acquire motorcycles and property, and create jobs for young people. Boda boda riders in Kakamega County have…

Dormant members account for 24pc of Sacco membership

Sacco ReviewOctober 13, 202604 mins

Sacco membership continues to grow, but a rising share of members are becoming inactive. Dormancy rates reveal a widening gap between deposit-taking and non-withdrawable deposit-taking Saccos. SASRA is urging Saccos to investigate why members go inactive and develop products to bring them back. Dormant members now account for 24.14 percent of all members in regulated…

NSE to host National SACCO and Capital Markets Forum in Naivasha

Sacco ReviewOctober 13, 202604 mins

The Nairobi Securities Exchange (NSE) will host the National SACCO and Capital Markets Forum in Naivasha from November 25 to 27, 2026, bringing together stakeholders to explore investment opportunities and strengthen links between Savings and Credit Cooperative Organisations (SACCOs) and Kenya’s capital markets. The three-day forum will be held at Lake Naivasha Resort and will…

Tribunal quashes KRA Sh972.9m tax demand against KUSCCO

Sacco ReviewOctober 12, 202604 mins

KRA’s tax demand against KUSCCO has hit a legal hurdle. Fresh scrutiny of KUSCCO’s accounts could reshape the dispute. The ruling comes amid growing concerns over KUSCCO’s financial health. The Tax Appeals Tribunal has thrown out a Ksh972.9 million tax demand that the Kenya Revenue Authority (KRA) issued to the Kenya Union of Savings and…

Sacco borrowing costs to ease as lending rates keep falling

Sacco ReviewOctober 10, 202604 mins

Saccos with bank loans can expect cheaper borrowing as interest rates fall, but tougher competition for member loans is coming. Regulated Saccos owed commercial banks a combined Ksh25.64 billion at the end of 2025. This is according to the Sacco Societies Regulatory Authority (SASRA) in its Sacco Supervision Annual Report, 2025. Because that debt tracks…

KUSCCO borrowers must keep repaying loans, liquidator says

Sacco ReviewOctober 9, 202603 mins

KUSCCO borrowers have been directed to continue servicing their loans as the liquidation process proceeds. The liquidator has invited creditors to submit formal claims for outstanding debts. Creditors who delay verifying their claims risk missing out on payments made before verification. Borrowers of the struggling Kenya Union of Savings and Credit Co-operatives (KUSCCO) must keep…

Kisii Sacco members attend national agriculture summit

Sacco ReviewOctober 9, 2026October 9, 202606 mins

Kisii Sacco leaders and youth members attend a national agriculture summit to learn new farming and business strategies. Deputy Governor Elijah Obebo urges the delegation to share lessons and build investment networks back home. Gusii Youth Bunge Sacco seeks new opportunities to expand its reach and support youth-led agribusiness. Kisii Youth Bunge Sacco chairman Dr….

SASRA warns public against fake Sacco entities, bars crypto

Sacco ReviewOctober 9, 202605 mins

SASRA has issued a fresh warning over unlicensed entities targeting Kenyans with promises of high returns. Employers and service providers are being urged to stop enabling fraudulent outfits posing as Saccos. The regulator has maintained restrictions on crypto investments as new rules for virtual assets take shape. Kenyans have been told to avoid unlicensed outfits…

Ikalaasa Dairy Cooperative receives Sh805,500 boost

Sacco ReviewOctober 8, 202604 mins

Ikalaasa Dairy Cooperative has received fresh funding to strengthen its operations The support will improve milk collection, preservation and processing capacity The investment is expected to help farmers access better markets and improve incomes Ikalaasa Dairy Cooperative in Kibauni Ward, Machakos County, has received a Ksh805,500 boost to strengthen its operations and improve milk collection…