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

SASRA warns Saccos against chasing high dividend payouts

Sacco ReviewNovember 12, 202608 mins

SASRA urges Sacco members to look beyond high dividends when assessing financial performance. Regulator warns excessive payouts could weaken reserves and threaten members’ savings. Members encouraged to scrutinise financial statements and demand accountability during AGMs and ADMs. The Sacco Societies Regulatory Authority (SASRA) has cautioned members against judging their Saccos by the size of dividends…