CS Oparanya with Committee of Experts during presentation of Report on the Transformation of the SACCO System in Kenya to President William Samoei Ruto.
CS Oparanya with Committee of Experts during presentation of Report on the Transformation of the SACCO System in Kenya to President William Samoei Ruto.

Proposed reforms to make whistle blower policy mandatory in SACCOs

Savings and Credit Co-operative Societies (SACCOs) could soon be required to adopt mandatory whistle-blower policies as part of sweeping reforms aimed at improving transparency, governance and accountability in the sector. The proposal is contained in a report by a Committee of Experts reviewing Kenya’s SACCO legal and regulatory framework. The committee recommends that SACCOs establish…

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Imarika DT Sacco headquarters in Kilifi County on
Imarika DT Sacco headquarters in Kilifi County on

Imarika Sacco assets hit Ksh16.1 billion as performance surpasses targets

Imarika Sacco, one of Kenya’s fastest-growing cooperatives, has once again recorded strong financial performance, posting total assets of Ksh16.1 billion in the year ended 31st December 2025. The Sacco also reported increased member deposits, which rose to Ksh10.5 billion against a target of Ksh10.6 billion falling short by Ksh100 million. In contrast, loans and advances…

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NBA Board Chairman Hon. David Wamatsi in a group photo during a visit to Malaba and Busia border offices
NBA Board Chairman Hon. David Wamatsi in a group photo during a visit to Malaba and Busia border offices

New NBA offices in Moyale, Isebania to boost GMO monitoring drive

The National Biosafety Authority (NBA) has expanded its operational footprint with the opening of new offices in Moyale and Isebania, in a strategic move aimed at strengthening surveillance and monitoring of Genetically Modified Organisms (GMOs) across the country. The operationalisation of the two offices is expected to enhance regulatory oversight, particularly at key entry points,…

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The National Assembly during a previous session-Photo|National Assembly KE

Proposed Bill to compel foreign firms to hire Kenyans, with penalties up to Ksh100 million for violation

Kenya is set for a major policy shift in how foreign companies operate, following the introduction of the Local Content Bill, 2025. The proposed law, sponsored by Laikipia County Woman Representative Jane Kagiri, has already passed its First Reading in the National Assembly, and aims to strengthen local participation in the economy by imposing strict…

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President Ruto launching the Affordable housing in Mukuru
President William Ruto during the official launch of the Mukuru Estate Phase II-Photo|Courtesy

Parliament approves KSh25 billion to rescue affordable housing projects at risk of stalling

More than 1,700 affordable housing units that were on the verge of stalling will now proceed after Members of Parliament approved KSh25 billion to unlock funds previously tied up in Treasury Bills. The allocation, passed under Supplementary Estimates I for the 2025/26 financial year, is expected to ensure contractors are paid and ongoing projects remain…

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Former Education Cabinet Secretary Ezekiel Machogu

Machogu urges youth to join SACCOs for financial security and national growth

Former Education Cabinet Secretary Ezekiel Machogu has called on school leavers and university graduates to embrace Savings and Credit Cooperative Organisations (SACCOs) as a pathway to financial stability and empowerment. Speaking during a youth empowerment forum hosted by the Kisii Youth Bunge Sacco, Machogu said young people must harness their education, creativity, and talents to…

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Stima Sacco National Chairman Dr. (Eng.) Joseph Siror alongside CEO Dr. Gamaliel Hassan, PhD following proceedings during

Stima SACCO assets hit Ksh75.3 Billion, post Ksh10.8 Billion revenue  

Kenya’s second largest Savings and Credit Co-operative (SACCO) and second-largest in Africa in asset base, Stima DT SACCO Society Limited, posted impressive financial results for the year ending December 31, 2025 after it recorded an increase in revenue by 4.9% from Ksh10.3 billion in 2024 to Ksh10.8 billion in 2025, even as its total assets…

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CPA Jared Moenga - Gusii Mwalimu DT Sacco CEO
CPA Jared Moenga - Gusii Mwalimu DT Sacco CEO

Gusii Mwalimu DT Sacco records strong growth as assets rise to Ksh18.4 billion

Gusii Mwalimu DT Sacco has recorded impressive growth across key financial indicators, with total assets rising from Ksh16.2 billion in 2024 to Ksh18.4 billion in 2025, representing an increase of 13.3 per cent. The Sacco also registered steady growth in deposits, loans, revenue and membership, underscoring its strong position within Kenya’s co-operative movement and its commitment…

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Mobile Money transfer
A photo showing two people using Mobile Money transfer. Photo Courtesy

Report: Mobile money loans surge in Kenya amidst growing financial inclusion

A new report by the Global System for Mobile Communications Association (GSMA) has highlighted a significant shift in Kenya and Sub-Saharan Africa, where mobile money has become the preferred source of borrowing for many adults. GSMA’s State of Industry report indicates that the region is driving a major expansion of mobile money accounts, which now…

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KUSCCO pushes for tax relief on SACCO transactions in 2026/27 budget submissions

Members of Savings and Credit Cooperative Organisations (SACCOs) could soon enjoy significant tax relief if proposals presented to the National Treasury are adopted in the upcoming 2026/27 national budget. The Kenya Union of Savings and Credit Co-operatives (KUSCCO) has urged the Treasury to scrap excise duty on member-based transactions, arguing that the levy unfairly penalises…

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