SASRA acting CEO, CPA David Amiani Sandagi. Photo/Courtesy

NWDT Saccos improve asset quality as reserves strengthen in Q2 2026

NWDT Saccos recorded lower non performing loans in Q2. Reserves and core capital strengthened during the quarter. Earnings remained volatile despite improving financial indicators. Kenya’s non-withdrawable deposit-taking Saccos (NWDT-Saccos) closed the second quarter of 2026 with improving asset quality and a stronger reserve position, even as earnings continued to swing sharply from one quarter to…

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SASRA acting CEO
SASRA acting CEO, CPA David Amiani Sandagi. Photo/Courtesy

Sacco sector assets hit Sh1.25 trillion in Q2 2026

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,…

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SASRA acting CEO
Chief Executive Officer of the Sacco Societies Regulatory Authority (SASRA), David Sandagi. Photo|Courtesy

SASRA issues governance ultimatum to NWDT SACCOs

Kenya’s cooperative regulator has issued its starkest warning yet to non-withdrawable deposit-taking savings societies, telling their leadership that structural reform and professional governance are no longer optional as the sector steers towards a new legislative framework. The Sacco Societies Regulatory Authority (SASRA) convened its inaugural Regulatory Round Table for Non-Withdrawable Deposit-Taking (NWDT) SACCOs on April…

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Cooperatives PS-Patrick Kilemi speaking during the 1st Regulatory Policy and Legal Roundtables for NWDT SACCOs-Photo|Courtesy

PS Kilemi warns SACCOS against risky investments outside regulatory framework

Cooperatives Principal Secretary (PS) Patrick Kilemi has warned Savings and Credit Cooperative Organizations (SACCOs) against venturing into unregulated investments, urging stronger governance structures and tighter internal controls to protect member funds. Speaking at the 1st Regulatory Policy and Legal Roundtables for NWDT SACCOs, PS Kilemi said the growing appetite for investments outside the regulatory framework…

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