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

Kericho commissioner urges prudent management of Saccos

Sacco ReviewNovember 2, 202604 mins

Kericho commissioner urges Sacco leaders to protect members’ savings. Delegates challenged to promote timely loan repayments. Members encouraged to diversify their income sources. The Kericho County Commissioner of Co-operatives, Dr Leonard Oti, has urged top management of Deposit Taking Saccos and Marketing Co-operatives to prioritise prudent management of small-scale farmers’ resources. He said transparency and…

Probe into Kinatwa Sacco ordered over governance concerns

Sacco ReviewNovember 2, 202603 mins

The Co-operative Development Commissioner has initiated a formal investigation into Kinatwa Sacco’s governance and financial affairs. Investigators will examine the society’s debts, pledged assets and conduct of current and former officials. The 21-day inquiry will involve hearings and a review of the Sacco’s records, with members required to cooperate. The Commissioner for Co-operative Development has…

Oparanya challenges Stima SACCO to protect members’ savings

Sacco ReviewOctober 29, 202604 mins

Oparanya has urged Stima Sacco to strengthen financial controls as its asset base expands. The cooperative’s growth ambitions have drawn calls for greater accountability and prudent lending. Digital investment and cybersecurity remain central to plans to improve member services. Cooperatives Cabinet Secretary Wycliffe Oparanya has challenged Stima DT SACCO to strengthen accountability, tighten financial controls…

Mentor Sacco members vote to scrap AGMs for delegates system

Sacco ReviewOctober 26, 202607 mins

Mentor Sacco members approve major changes to the society’s governance structure. The Sacco outlines plans to expand representation as membership grows. Members back a higher monthly contribution to strengthen family protection benefits. Members of Mentor Sacco have voted to abandon the Annual General Meeting (AGM) in favour of a delegates system, a change the society…

Female representation on Sacco boards rises to 25.5%

Sacco ReviewOctober 22, 202605 mins

Women’s representation in Sacco leadership continues to edge upwards.Gender gaps remain wider in some categories of regulated Saccos. Delayed annual meetings could raise concerns over governance and accountability. Women’s share of seats on the boards of regulated Savings and Credit Cooperative Societies (Saccos) rose to 25.5 per cent in 2025. That is up slightly from…

Biashara DT Sacco convenes Special General Meeting in Nyeri

Sacco ReviewOctober 2, 202603 mins

Biashara DT Sacco members are set to meet in Nyeri for a special sitting The 2027 budget will be among the key items on the agenda Members will also take part in a Supervisory Committee election Biashara DT Sacco Society Ltd has called a Special General Meeting for October 9, 2026, bringing members together to…

Women gain ground in Sacco leadership, board gender gap persists

Sacco ReviewSeptember 30, 202608 mins

Women remain underrepresented in Sacco boardrooms despite gradual gains Female leadership grows stronger in executive positions across the sector Gender representation varies sharply between board and management roles Women hold barely a quarter of Sacco board seats in Kenya, even as more women now lead Saccos as chief executives than ever before. That is the…

Nandi Sacco training targets governance and cybersecurity

Sacco ReviewSeptember 30, 202604 mins

Nandi Sacco officials sharpen skills in governance and financial management Training brings cybersecurity and digital tools into focus County and project partners seek stronger farmer organisations Sacco bookkeepers and officials in Nandi County have been taught how to run tighter, safer and more transparent societies. The two day Sacco Toolkit Training Workshop is taking place…

Sandagi highlights Saccos’ role in building credit market trust

Sacco ReviewSeptember 10, 202603 mins

Sandagi highlights Saccos’ role in building trust in Kenya’s credit market Peer guarantorship helps members access formal financial services Regulated Saccos now serve 7.87 million members with Ksh1.21 trillion in assets The Sacco Societies Regulatory Authority (SASRA) has highlighted the growing role of Savings and Credit Cooperative Societies (Saccos) in promoting financial inclusion and strengthening…

Gov’t moves to unite Saccos through shared platform

Sacco ReviewSeptember 10, 202607 mins

Government plans shared platform to unite Saccos Sacco Central to support digital services and liquidity sharing Initiative targets stronger governance and financial inclusion The government is working to end fragmentation in Kenya’s cooperative sector by strengthening Saccos and improving their access to digital services, technology and liquidity. Principal Secretary, State Department for Cooperatives Patrick Kilemi,…