Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Bad loans edged higher as DT Saccos posted stronger profits. Capital and liquidity buffers improved significantly in the quarter. Rising loan exposure remains a key risk for the sector. Non-performing loans among Kenya’s deposit-taking (DT) Saccos edged higher in the quarter to June 2026, even as the segment posted stronger capital buffers and improved liquidity,…
Sacco sector assets rise to Ksh1.25 trillion Deposits and loans continue to expand Stronger reserves boost the sector’s capital base Kenya’s regulated Saccos closed the second quarter of 2026 with total assets of Ksh1.25 trillion, a 12.64% rise from June 2025, according to the latest report by the SACCO Societies Regulatory Authority (SASRA). The growth,…
SASRA has opened applications for DT SACCOs seeking to renew their licences for 2027. Regulated SACCOs have until September 30, 2026, to complete their renewal applications. The regulator will publish the list of SACCOs licensed for 2027 by January 31 next year. The Sacco Societies Regulatory Authority (SASRA) has opened the renewal window for 2027…
The economic survey released on Thursday this week by the Kenya National Bureau of Statistics (KNBS) has painted a slightly rosy picture of the industry. According to the survey, total assets of deposit-taking SACCOs grew by 11.5 per cent to KSh 727.1 billion as at December 2025. Total assets and liabilities, which comprise time and…
The Sacco Societies Regulatory Authority (SASRA) has increased the number of audit firms approved for auditing Saccos under its supervision to 365 to accommodate the additional cooperatives. The latest figure for the 2024 auditing of Saccos means an additional 92 audit firms have now been cleared to check the books of Saccos, up from 273…
Savings and Credit Co-operatives Societies (Saccos) have been called upon by the Government to embrace innovation and devise strategies that will propel cooperatives towards continued excellence. Speaking during the Kenya National Police DT SACCO 51st Annual Delegates Meeting held in Serena hotel in Nairobi this February, Simon Chelugui Cabinet Secretary for Cooperatives, Micro, Small and…
