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

KUSCCO officially liquidated through Gazette Notice

Sacco ReviewSeptember 1, 2026September 1, 202604 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)…

KUSCCO shareholders approve dissolution, back new cooperative body

Sacco ReviewAugust 29, 202609 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…