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

KUSCCO collapse: Imarika Sacco says exposure fully covered

Sacco ReviewSeptember 28, 2026September 28, 202605 mins

Imarika DT Sacco says it fully provided for its KUSCCO exposure by 2025 The Sacco says its capital and liquidity position enabled it to maintain member payouts Imarika has tightened investment and risk controls following the KUSCCO crisis Imarika DT Sacco says it fully provided for its Kenya Union of Savings and Credit Cooperatives (KUSCCO)…

Saccos make Sh8.34bn provisions for KUSCCO exposure

Sacco ReviewSeptember 28, 202605 mins

Saccos have set aside billions as losses tied to their KUSCCO investments KUSCCO is moving towards liquidation after members approved the process Sasra is strengthening digital supervision as new financial and cyber risks emerge Savings and Credit Co-operative Societies (Saccos) that had invested shares and deposits with the Kenya Union of Savings and Credit Co-operatives…