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

Pamela Wanyanja bows out after decades of cooperative service

Sacco ReviewJuly 15, 2026July 15, 202604 mins

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…

Your savings are safe: SASRA clarifies deposit protection in new SACCO bill

Sacco ReviewJuly 15, 2026July 15, 202603 mins

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’s golden jubilee crowns five decades of explosive growth

Sacco ReviewJuly 15, 202608 mins

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…

Resilient growth of Mentor Sacco, from humble beginning to Tier 1 Sacco

Sacco ReviewJuly 14, 202608 mins

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…

National Assembly moves to calm fears over Sacco savings in proposed law

Sacco ReviewJuly 14, 2026July 14, 202607 mins

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…

Taita Taveta launches Gaye Rural SACCO to tackle farmers’ credit access woes

Sacco ReviewJuly 13, 202605 mins

Taita Taveta launched Gaye Rural SACCO to expand affordable credit for farmers. The SACCO will receive a Ksh3 million matching grant under NAVCDP. Leaders say the initiative will strengthen farming and boost rural incomes. Farmers in Taita Taveta County have for years turned to informal lenders and middlemen for credit, often at the cost of…

Alarm as proposed SACCO Amendment Bill 2025 sparks fears over members’ savings

Sacco ReviewJuly 8, 202606 mins

Thousands of SACCO members across Kenya could see significant changes in how their savings are managed if the proposed SACCO Societies (Amendment) Bill, 2025 becomes law, with critics warning that some provisions may weaken member control over cooperative societies and expose savings to increased risks. The Bill, which is currently attracting debate among cooperative stakeholders,…

Kisumu county urges SACCOs to champion affordable housing and agricultural financing

Sacco ReviewJuly 5, 202606 mins

The County Government of Kisumu has called on SACCO officials to take the lead in encouraging members to acquire affordable housing units as a long‑term investment, saying the initiative will empower cooperatives and strengthen their membership base. Speaking during World Cooperatives Day celebrations in Kisumu, County Executive Member for Trade, Tourism, Industry and Marketing Farida…

SASRA data shows majority of SACCO members hold less than KSh100,000 in deposits

Sacco ReviewJuly 2, 2026July 2, 202605 mins

SASRA data shows that nearly 92% of SACCO members hold balances of KSh100,000 or less, with 89% below KSh50,000, highlighting the small‑scale nature of savings among millions of Kenyans. Proposed amendments to the Sacco Societies Act aim to operationalize a KSh100,000 compensation ceiling, modernize SACCOs through shared technology services, and establish a central liquidity framework…

Uasin Gishu boosts cooperative societies through capacity-building initiative

Sacco ReviewJune 26, 2026July 29, 202604 mins

The Uasin Gishu County Government has intensified efforts to strengthen cooperative societies through a comprehensive capacity-building programme aimed at improving governance, promoting enterprise growth, and creating employment opportunities. Speaking on Thursday June 25, during a training session attended by members of more than 40 boda boda Savings and Credit Cooperative Societies (SACCOs), Governor Jonathan Bii…