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

Government rules out Sacco term limits, to boost SASRA oversight

Sacco ReviewJuly 29, 202606 mins

Government rules out term limits for Sacco directors, saying leadership should remain a democratic choice for members. Ministry plans to expand SASRA oversight to regulate all Saccos, strengthen governance and deploy technology for closer financial monitoring. Proposed Sacco Societies (Amendment) Bill, 2025 creates an independent Deposit Guarantee Fund Board to protect members’ deposits and improve…

Meru co-ops appeal for Ksh2.2bn to revive sector

Sacco ReviewJuly 28, 202604 mins

Meru cooperatives are seeking Ksh2.2 billion to clear debts and revive key agricultural sectors. The funding would support coffee, dairy, cotton, avocado and Afya Millers Cooperative. Meru Dairy plans to expand processing capacity and diversify into fish feed and flour milling. The cooperative movement in Meru County is appealing for Ksh2.2 billion to settle historical…

Kenversity Sacco raises Fahari loan limit to Ksh 8 million

Sacco ReviewJuly 28, 202603 mins

Fahari Loan limit rises to Ksh 8 million. Normal and Super Loan limits have been increased. Members can now use land and buildings as loan security. Kenversity Co-operative Savings and Credit Society has revised its Fahari, Normal, and Super Loan terms, raising limits and repayment periods. The changes were approved by the society’s Board of…

NAKKONS Sacco unveils seven new vehicles in fleet modernisation drive

Sacco ReviewJuly 25, 202604 mins

NAKKONS Sacco unveiled seven new zero mileage vehicles to modernise its fleet. New vehicles are expected to cut maintenance costs and improve members’ earnings. Equity Bank financed the fleet expansion to strengthen transport operations and savings discipline. NAKKONS Sacco has flagged off seven brand-new, zero-mileage vehicles in Othaya, Nyeri County, marking a major step in…

Ports DT Sacco assets grow to Ksh12.4B, membership rises 26.6 per cent

Sacco ReviewJuly 24, 2026July 24, 202605 mins

Ports DT Sacco grew total assets by 17.5 per cent to Ksh12.4 billion in 2025. Active membership increased by 26.6 per cent, driven by recruitment and retention efforts. Members received a 20 per cent dividend on share capital and 12.5 per cent interest on deposits. There is a certain poetry in the fact that Ports…

Wakenya Pamoja Sacco surpasses Ksh2 billion in assets as membership rises to over 148,000

Sacco ReviewJuly 21, 202606 mins

Wakenya Pamoja Sacco assets surpass Ksh2 billion Membership grows to more than 148,000 Sacco plans expansion beyond Kisii Nyanza Wakenya Pamoja Sacco Society (WPS) Limited has reported an asset base exceeding Ksh2 billion, with deposits of over Ksh952 million and share capital surpassing Ksh624.7 million, as the deposit- taking Sacco continues its expansion across the…

Saccos disburse Sh33.7B for land and housing in Q1 2026

Sacco ReviewJuly 20, 202604 mins

Saccos disbursed Ksh33.7 billion for land and housing, an 18% increase from Q1 2025. Total Sacco lending rose to Ksh115.7 billion, with education and agriculture among the top sectors financed. Sacco assets grew to Ksh1.21 trillion, while member deposits reached Ksh870 billion in Q1 2026 A large portion of credit disbursed by Savings and Credit…

MSEA leads AfCFTA training to boost women and youth led trade

Sacco ReviewJuly 20, 202604 mins

MSEA and partners are training women and youth traders on AfCFTA opportunities during a two day programme running on July 20 and 21. The training focuses on market access, digital trade, finance and the AfCFTA Protocol on Women and Youth in Trade to help traders expand across Africa. An exhibition is showcasing products by Kenyan…

SASRA outlines Kenya’s cyber resilience strategy at global regulators’ conference

Sacco ReviewJuly 20, 202603 mins

SASRA showcased Kenya’s cyber resilience strategy for SACCOs at the 2026 ICURN Annual Conference in Mumbai. CEO David Sandagi outlined the regulator’s response to cyber threats, digital risks and incident preparedness. The SACCO Societies Regulatory Authority (SASRA) has detailed its supervisory response to a live cyber crisis, in a presentation by its Chief Executive Officer(CEO),…

Govt to turn KUSCCO into federation under sweeping Sacco reforms

Sacco ReviewJuly 17, 2026July 17, 202605 mins

Government plans to transform KUSCCO into a federation under the proposed Cooperative Societies Bill. Oparanya says the reforms will strengthen governance, accountability and confidence in the Sacco sector. KUSCCO’s restructuring follows the Ksh13.3 billion scandal and ongoing asset recovery efforts. The government is preparing far reaching reforms in the cooperative sector that will see the…