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

Govt lifts SACCO registration ban, sets Ksh 1.2M capital requirement

Sacco ReviewJune 3, 202603 mins

The Ministry of Co-operatives and MSMEs Development, through the Commissioner for Co-operatives, has lifted the suspension on the registration of new SACCO societies, effective immediately. The decision follows the completion of a review of the legislative and regulatory framework governing SACCOs by a Committee of Experts appointed by Cabinet Secretary Wycliffe Oparanya. The committee, which…

Government resumes Sacco registrations with tougher rules to safeguard members’ savings

Sacco ReviewMay 16, 2026May 16, 202603 mins

The government has lifted its year‑long suspension on the registration of new Savings and Credit Cooperative Organisations (SACCOs), but applicants will now face stricter requirements aimed at strengthening governance and protecting members’ deposits. Speaking during the launch of preparations for this year’s International Co-operative Day celebrations, popularly known as Ushirika Day, Commissioner for Co‑operative Development…

Cooperatives Commissioner approves registration of Trans-Tena Sacco

Sacco ReviewSeptember 18, 2023September 18, 202302 mins

The Commissioner for Cooperative Development has approved the registration of Trans-Tena Sacco. A letter addressed to the Sacco Chairperson dated September 8, 2023 and signed by Trans Nzoia County Cooperative Officer Edith Watimah stated that the Sacco’s certificate of registration has been duly signed by the Commissioner for Cooperatives who also approved a copy of…