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

Kenya National Police Sacco CEO Atsiaya elected university alumni chair

Sacco ReviewSeptember 1, 202601 mins

Kenya National Police DT Sacco CEO Solomon Atsiaya has been elected Chairperson of the Co-operative University of Kenya Alumni Association. Atsiaya will lead the alumni association as it seeks to strengthen alumni engagement, mentorship and collaboration while supporting the university’s institutional development. READ ALSO: Milk vanishes from shelves as COFEK warns of price surge His…

Where did KUSCCO’s Sh17bn go? Saccos face gap

Sacco ReviewSeptember 1, 2026September 5, 202603 mins

Saccos face potential losses as KUSCCO’s liabilities far exceed recoverable assets. Millions held by individual Saccos could be at risk as liquidation begins. The recovery process will determine how much money creditors get back. Savings and Credit Co-operative Society (SACCO) members could feel the financial fallout from KUSCCO’s collapse after the organisation was placed under…

KUSCCO officially liquidated through Gazette Notice

Sacco ReviewSeptember 1, 2026September 1, 202604 mins

KUSCCO has officially been placed under liquidation. The union faces a Ksh11.6 billion financial deficit. Three officials will oversee the liquidation. KUSCCO has been placed under liquidation via Gazette Notice No. 13997, after members resolved to dissolve the union amid a Ksh 11.6 billion deficit. The Kenya Union of Savings and Credit Co-operative Societies (KUSCCO)…

Univision DT Sacco trains delegates on governance and leadership

Sacco ReviewAugust 31, 202602 mins

Univision DT Sacco has brought together its delegates for a two-day training programme focused on strengthening leadership, governance and accountability within the society. Held on August 28 and 29, 2026, the training provided delegates with an opportunity to deepen their understanding of their roles while engaging in discussions on the Sacco’s strategic direction and future….

Cosmopolitan DT Sacco bids farewell to John Ngari after 36 years

Sacco ReviewAugust 31, 202602 mins

Cosmopolitan DT Sacco (Savings and Credit Co-operative Organisation) has celebrated the retirement of John Ngari, marking the end of a 36-year career with the Sacco. The retirement celebration brought together the Sacco’s Board of Directors and staff from its various branches at Flamingo Resort & Spa, where colleagues honoured Ngari for his longstanding contribution to…

KUSCCO shareholders approve dissolution, back new cooperative body

Sacco ReviewAugust 29, 202609 mins

KUSCCO shareholders have approved the union’s dissolution as debts far outweigh its assets. Members have backed a new umbrella body, KEFESCO, focused on advocacy, training, research and consultancy. A creditor has moved to court to challenge the transition, putting the new federation’s future in question. Shareholders of the Kenya Union of Savings and Credit Cooperatives…

KUSCCO shareholders approve liquidation, new body

Sacco ReviewAugust 28, 202604 mins

KUSCCO shareholders approve full liquidation as debts hit Ksh 17 billion against Ksh 5.4 billion in assets. New national Sacco association approved to take over advocacy, training and research roles. Commissioner David Obonyo to oversee asset recovery and payouts to Saccos and depositors. KUSCCO shareholders have approved a structured liquidation after liabilities topped Ksh 17…

Wakulima Sacco takes financial education to Kieni farmers

Sacco ReviewAugust 28, 202602 mins

Wakulima Sacco has stepped up its grassroots engagement with farmers in Kiaragana, Endarasha and Kieni, Nyeri, as it seeks to strengthen members’ understanding of its financial products and services. During the engagement, the Sacco shared information on shares and deposits, loan products, medical and livestock insurance, as well as its mobile money platforms. The outreach…

Saccos set to adopt full-file credit information sharing system

Sacco ReviewAugust 28, 202606 mins

Saccos are set to share both positive and negative credit data. New system could strengthen lending and curb multiple borrowing. Saccos face IT and data protection upgrades before rollout. Saccos are set to adopt a bank-like full-file credit information sharing system that will enable them to share both positive and negative credit information, in a…

Sheria DT Sacco trains staff on Islamic finance

Sacco ReviewAugust 28, 202602 mins

Sheria DT Sacco is strengthening its capacity to offer Shariah-compliant financial solutions following an Islamic finance training workshop for its staff. The capacity-building programme, facilitated by BTI College, focused on equipping employees with knowledge of Islamic finance principles and their application in delivering financial products tailored to members with diverse needs. READ: KETSA to host…