Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Ports DT Sacco grew total assets by 17.5 per cent to Ksh12.4 billion in 2025. Active membership increased by 26.6 per cent, driven by recruitment and retention efforts. Members received a 20 per cent dividend on share capital and 12.5 per cent interest on deposits. There is a certain poetry in the fact that Ports…
Kenya National Police DT Sacco’s Simon Tanui has earned the global I-CUDE credential, joining just 15 professionals recognised in 2026. The award was presented during the 2026 World Credit Union Conference in Sydney. The recognition highlights Kenya’s growing influence in the global Sacco movement. Simon Kiprotich Tanui, General Manager of Operations and Strategy at Kenya…
Wakenya Pamoja Sacco assets surpass Ksh2 billion Membership grows to more than 148,000 Sacco plans expansion beyond Kisii Nyanza Wakenya Pamoja Sacco Society (WPS) Limited has reported an asset base exceeding Ksh2 billion, with deposits of over Ksh952 million and share capital surpassing Ksh624.7 million, as the deposit- taking Sacco continues its expansion across the…
Nyeri County plans to establish a countywide SACCO for boda boda riders through a phased rollout from ward to county level. The SACCO aims to expand access to affordable financial services, promote savings, and support the growth of riders’ businesses. Nyeri County plans to establish a county-level Savings and Credit Co-operative Organisation (SACCO) for boda…
Registration for the 2026 SACCA Congress in Dar es Salaam is now open, with early bird rates available until August 17, 2026. Kenya is expected to send one of the largest delegations, backed by its strong ties with ACCOSCA and growing role in Africa’s cooperative movement. Registration has opened for the 26th Savings and Credit…
Veteran cooperative officer Pamela Wanyanja honoured as she retires after decades of service in Baringo. Wanyanja leaves behind a legacy of helping establish more than 200 cooperative societies through training and community mobilisation. Boresha DT Sacco surpasses Ksh 15 billion in assets and grows membership to 93,000. Pamela Wanyanja, the outgoing Cooperatives Officer for Eldama…
SASRA says proposed SACCO Bill will establish a Deposit Guarantee Fund to protect members’ eligible savings. Regulator says reforms will strengthen liquidity management and improve stability across the SACCO sector. Clarification comes amid misinformation linking members’ savings to the National Infrastructure Fund. The Sacco Societies Regulatory Authority (SASRA) has clarified that the proposed Sacco Societies…
Tower SACCO marks 50 years with assets growing to Ksh34.56 billion and membership surpassing 247,800. Sacco paid Ksh2.88 billion to members after posting Ksh1.29 billion surplus before tax. Expansion drive sees 31 branches, new digital services and plans to grow assets to Ksh80 billion by 2030. Tower SACCO Society Limited arrived at this year’s Ushirika…
Mentor Sacco has grown into a Tier 1 Sacco with over Ksh18.47 billion in assets. Members earned a 15% dividend and 12.5% interest on deposits in 2025. The Sacco is expanding through digital services, new products and membership growth As Kenya joined the rest of the world in celebrating the International Day for Co-operatives on…
Parliament has dismissed claims that the proposed Sacco law will allow the government to access members’ savings or control Sacco management. The Bill seeks to strengthen regulation, improve financial stability and establish a secondary Sacco to provide shared services for member cooperatives. The National Assembly says the legislation is still undergoing public participation, with stakeholder…
