September 28, 2026
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Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

The Leading Newspaper for Co-operative Movement in Kenya

Tag: Cooperative Sector

Patrick Kilemi (left), PS State Department for Cooperatives, with Jacinta Chipendo (right), from Malawi’s Department of Small and Medium Enterprises and Cooperatives, during a learning exchange on cooperative sector best practices. PHOTO| courtesy

Kenya, Malawi deepen cooperative sector learning exchange

Sacco Review03 mins

Kenya and Malawi are sharing lessons on strengthening cooperatives The exchange is exploring ways to improve member participation Both countries are looking at building more sustainable cooperative enterprises Kenya and Malawi are strengthening cooperative sector ties through a learning visit on best practices and shared experience. The engagement follows a visit by a Malawi delegation…

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Patrick Kilemi (left), Principal Secretary, State Department for Cooperatives, with Alfred Orora (right), Managing Partner, Pristine Consulting House Ltd, during a meeting on expanding MSME credit access through Saccos. PHOTO| courtesy

Saccos to adopt AI loan system to boost MSME credit access

Sacco Review03 mins

Saccos are exploring technology to widen MSME credit access A new approach could change how small businesses qualify for loans Government and private sector players are looking at smarter lending models Kenya’s State Department for Cooperatives is exploring new tech and lending models to help Saccos boost MSME credit access. PS Patrick Kilemi held talks…

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PS for Cooperatives Patrick Kilemi (front) and SASRA CEO David Sandagi (right) engages with stakeholders from FSD Kenya and the Gates Foundation during discussions on Sacco Central. PHOTO| Courtesy

Gov’t moves to unite Saccos through shared platform

Sacco Review07 mins

Government plans shared platform to unite Saccos Sacco Central to support digital services and liquidity sharing Initiative targets stronger governance and financial inclusion The government is working to end fragmentation in Kenya’s cooperative sector by strengthening Saccos and improving their access to digital services, technology and liquidity. Principal Secretary, State Department for Cooperatives Patrick Kilemi,…

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KUSCCO liquidators challenged by Rupsa Sacco in court

Sacco Review02 mins

Rupsa Sacco challenges KUSCCO liquidators Sacco wants an independent insolvency practitioner Court case adds pressure to KUSCCO restructuring Ruiru-based Rupsa Sacco has moved to the High Court to block three liquidators appointed by the Commissioner for Co-operative Development. The liquidators were appointed for the Kenya Union of Savings and Credit Co-operatives (KUSCCO), the cooperative sector’s…

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Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development CS Wycliffe Oparanya. Photo/courtesy

Oparanya urges small traders to join Saccos for affordable credit

Sacco Review06 mins

Oparanya urges small traders to join Saccos for affordable loans. CS warns against risks of informal savings groups and lenders. Traders are also encouraged to embrace digital financial services. Cabinet Secretary for Cooperatives and Micro, Small and Medium Enterprises (MSMEs), Wycliffe Oparanya, has urged small business owners to join Savings and Credit Cooperative Organisations (Saccos)…

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Fred Sitati, Consultant in the Co-operative Movement

What stands in the way for self regulation in the cooperative sector?

Sacco Review08 mins

Self regulation could give cooperatives greater flexibility to compete and innovate. Weak leadership and reliance on rigid rules remain major barriers to reform. Stronger federations and technology could help the sector embrace self regulation. The National Cooperative Policy that has since transmuted into Sessional Paper No 4 of 2020 advocates for, among other things, the…

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KUSCCO Centre

Where did KUSCCO’s Sh17bn go? Saccos face gap

Sacco Review03 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…

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KUSCCO Centre

KUSCCO officially liquidated through Gazette Notice

Sacco Review04 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)…

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Commissioner of Cooperatives, David Obonyo speaks during the SGM held at All Saints' Cathedral in Nairobi of Friday. Photo/Obegi Malack

KUSCCO shareholders approve dissolution, back new cooperative body

Sacco Review09 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…

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