Kenya cooperatives - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Silo competition among cooperative officers is hurting Kenya’s cooperative movement

Sacco ReviewJuly 22, 2026010 mins

Kenya’s cooperative movement is widely celebrated as one of Africa’s greatest development success stories. Cooperative societies have transformed livelihoods through savings and credit, agricultural marketing, housing, transport, dairy, fisheries and manufacturing. Yet beneath these achievements lies a challenge that receives little public attention but has profound consequences for millions of members: silo competition, where officers…

Wakenya Pamoja Sacco surpasses Ksh2 billion in assets as membership rises to over 148,000

Sacco ReviewJuly 21, 202606 mins

Wakenya Pamoja Sacco assets surpass Ksh2 billion Membership grows to more than 148,000 Sacco plans expansion beyond Kisii Nyanza Wakenya Pamoja Sacco Society (WPS) Limited has reported an asset base exceeding Ksh2 billion, with deposits of over Ksh952 million and share capital surpassing Ksh624.7 million, as the deposit- taking Sacco continues its expansion across the…

SASRA clarifies regulatory boundaries for Secondary Saccos in proposed 2025 bill

Sacco ReviewJuly 20, 202603 mins

SASRA says secondary Saccos will not offer retail services. Bill seeks to protect member savings through a Deposit Guarantee Fund. Reforms also strengthen liquidity management and interbank access The Sacco Societies Regulatory Authority (SASRA) has pushed back against widespread misinformation surrounding the proposed Sacco Societies (Amendment) Bill, 2025, clarifying that the bill will not allow…

Boresha Sacco appoints Philemon Chebii acting CEO as Jacob Mengich retires

Sacco ReviewJuly 15, 2026July 15, 202603 mins

Boresha Sacco appoints Philemon Chebii acting CEO as Jacob Mengich retires. Chebii, a over 20-year Boresha Sacco veteran, takes over as acting CEO. Board names Philemon Chebii acting CEO pending substantive appointment Boresha Sacco has appointed Philemon Chebii as the Acting Chief Executive Officer (CEO) following the retirement of Jacob Mengich who has been holding…