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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KUSCCO led by MD Arnold Munene at the National Treasury to advocate for the interests of SACCOs as part of the 2026 2027 National Budget preparations.
KUSCCO led by MD Arnold Munene at the National Treasury to advocate for the interests of SACCOs as part of the 2026 2027 National Budget preparations. Photo Courtesy

KUSCCO presents key recommendations for 2026/27 National Budget

Kenya Union of Savings and  Credit Cooperatives (KUSCCO) led by Group Managing Director Arnold Munene,  has appeared before the National Treasury to advocate for the interests of the SACCO sector as part of the 2026/2027 National Budget preparations. In a significant move for Kenya’s SACCO movement, KUSCCO delivered submissions at the National Treasury Building in…

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