Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
KUSCCO and KRA will hold the second National Taxation Dialogue for Saccos on 30 and 31 July in Nairobi. The forum will address Sacco taxation, compliance and policy reforms. The dialogue aims to promote a fairer and more predictable tax framework for Saccos. The Kenya Union of Savings and Credit Co-operatives Ltd (KUSCCO) will convene…
Nyeri County plans to establish a countywide SACCO for boda boda riders through a phased rollout from ward to county level. The SACCO aims to expand access to affordable financial services, promote savings, and support the growth of riders’ businesses. Nyeri County plans to establish a county-level Savings and Credit Co-operative Organisation (SACCO) for boda…
Kilifi County awarded Ksh6 million in matching grants to 12 Saccos under its Shilling kwa Shilling Initiative. Governor Gideon Mung’aro also set aside Ksh15 million this financial year to expand the programme and boost affordable farmer loans. He urged speedy enactment of the Cooperative and Sacco laws to strengthen regulation and support the sector. Governor…
Registration for the 2026 SACCA Congress in Dar es Salaam is now open, with early bird rates available until August 17, 2026. Kenya is expected to send one of the largest delegations, backed by its strong ties with ACCOSCA and growing role in Africa’s cooperative movement. Registration has opened for the 26th Savings and Credit…
SASRA says proposed SACCO Bill will establish a Deposit Guarantee Fund to protect members’ eligible savings. Regulator says reforms will strengthen liquidity management and improve stability across the SACCO sector. Clarification comes amid misinformation linking members’ savings to the National Infrastructure Fund. The Sacco Societies Regulatory Authority (SASRA) has clarified that the proposed Sacco Societies…
Tower SACCO marks 50 years with assets growing to Ksh34.56 billion and membership surpassing 247,800. Sacco paid Ksh2.88 billion to members after posting Ksh1.29 billion surplus before tax. Expansion drive sees 31 branches, new digital services and plans to grow assets to Ksh80 billion by 2030. Tower SACCO Society Limited arrived at this year’s Ushirika…
SACCO leaders have been urged to uphold transparency and accountability to strengthen member trust and growth. Youth have been encouraged to join Saccos, while leaders were warned against corruption. Kisumu County is developing a new cooperative policy to boost the sector’s competitiveness. Sacco leaders have been urged to be transparent and accountable since building trust…
Mentor Sacco has grown into a Tier 1 Sacco with over Ksh18.47 billion in assets. Members earned a 15% dividend and 12.5% interest on deposits in 2025. The Sacco is expanding through digital services, new products and membership growth As Kenya joined the rest of the world in celebrating the International Day for Co-operatives on…
Hazina Sacco is transforming communities through clean water projects in Kwale and West Pokot. In 2025, assets grew to Ksh18.7 billion as membership, deposits and loans all increased. The Sacco continues to expand its services and community impact across Kenya. Hazina Sacco has been on the frontline in transforming lives through its robust Corporate Social…
Parliament has dismissed claims that the proposed Sacco law will allow the government to access members’ savings or control Sacco management. The Bill seeks to strengthen regulation, improve financial stability and establish a secondary Sacco to provide shared services for member cooperatives. The National Assembly says the legislation is still undergoing public participation, with stakeholder…
