Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Maisha Bora Sacco has scheduled its 2026 Special General Meeting (SGM) for Saturday, September 12, bringing members together to deliberate and make key decisions affecting the Sacco. The meeting will begin at 9am at St. Andrew P.C.E.A. Parish, Nyerere Road Junction, with members also able to participate virtually through Zoom, YouTube and Facebook Live. The…
Yetu DT Sacco hosts Supa Sacco for a benchmarking session The Saccos exchanged ideas on operations and member services The session focused on improving efficiency and service delivery Yetu DT Sacco has hosted a delegation from Supa Sacco for a benchmarking session to share ideas and compare practices between the two deposit taking Saccos. The…
Land and housing received the largest share of Sacco loans in H1 2026. Education and agriculture followed as major borrowing categories. Sacco credit continues to support members’ investment and household needs. A good number of Kenyans used loans from savings and credit cooperatives to buy land and secure home ownership during the first half of…
Cooperative Societies Bill nears final parliamentary hurdle after 14 years. Proposed law seeks stronger governance and protection of Sacco members. CAK calls for tax clarity and greater youth participation in cooperatives. Kenya’s cooperative movement is bracing for a new legal framework, with sector leaders saying the long-awaited Cooperative Societies Bill is nearly through its final…
Kenversity Sacco raises fixed deposit rates across seven savings brackets. Members can earn up to 10.7% on deposits of Ksh10 million or more. Higher returns apply to larger deposits and longer investment periods. Kenversity Co-operative Savings and Credit Society Limited has revised its fixed deposit rates, with the new figures taking effect from September 2026….
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 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 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…
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 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,…
