Sacco Societies (Amendment) Bill 2025 - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

SASRA clarifies regulatory boundaries for Secondary Saccos in proposed 2025 bill

Sacco ReviewJuly 20, 202603 mins

SASRA says secondary Saccos will not offer retail services. Bill seeks to protect member savings through a Deposit Guarantee Fund. Reforms also strengthen liquidity management and interbank access The Sacco Societies Regulatory Authority (SASRA) has pushed back against widespread misinformation surrounding the proposed Sacco Societies (Amendment) Bill, 2025, clarifying that the bill will not allow…

National Assembly dismisses claims new Sacco Bill gives Ruto control over Sacco members’ savings

Sacco ReviewJuly 15, 202604 mins

Parliament says the proposed Sacco Bill does not give President William Ruto control over members’ savings. It also dismissed claims the Bill would create a “Super Sacco”. The Bill seeks to strengthen smaller Saccos and improve regulation. The National Assembly has dismissed reports claiming that the proposed Sacco Societies (Amendment) Bill, 2025, would give President…

Sacco leaders reject proposed merger Bill, warn of job losses and threat to small institutions

Sacco ReviewApril 29, 202604 mins

A section of Savings and Credit Cooperative Societies (Saccos) has come out strongly against the proposed Sacco Societies Amendment Bill 2025, warning that the legislation could undermine the survival of smaller institutions and trigger job losses across the country. Speaking during the launch of a new branch of Ammar Sacco in Mathioya, leaders and officials…

Why protecting Sacco deposits is paramount

Sacco ReviewMarch 10, 202607 mins

Losing money by dropping it carelessly while taking a leisurely walk is a painful thing. But losing money that you have been agonizingly saving in a Savings and Credit Cooperative Societies (Saccos) for years is a life-changing event that can sink you into penury for the rest of your life. That is why protecting Sacco…