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

KUSCCO shareholders approve dissolution, back new cooperative body

Sacco ReviewAugust 29, 202609 mins

KUSCCO shareholders have approved the union’s dissolution as debts far outweigh its assets. Members have backed a new umbrella body, KEFESCO, focused on advocacy, training, research and consultancy. A creditor has moved to court to challenge the transition, putting the new federation’s future in question. Shareholders of the Kenya Union of Savings and Credit Cooperatives…

Saccos set to adopt full-file credit information sharing system

Sacco ReviewAugust 28, 202606 mins

Saccos are set to share both positive and negative credit data. New system could strengthen lending and curb multiple borrowing. Saccos face IT and data protection upgrades before rollout. Saccos are set to adopt a bank-like full-file credit information sharing system that will enable them to share both positive and negative credit information, in a…

ACCOSCA seeks deeper partnerships to strengthen Sacco sector

Sacco ReviewAugust 27, 202605 mins

ACCOSCA is seeking stronger partnerships to build trust and advance SACCO development across Africa. The organisation says collaboration with regulators, government and media can strengthen cooperative institutions and policy engagement. Stakeholders have called for stronger cross border cooperation as African economies become more interconnected. The African Confederation of Cooperative Savings and Credit Associations (ACCOSCA) is…

SACCOs are putting more focus on what happens behind the numbers

Sacco ReviewAugust 27, 202602 mins

KUSCCO has spent the week training SACCO leaders on budgeting, liquidity management and cost control, while Supervisory Committee members have been sharpening their oversight skills. The combination is telling: financial performance is not just about raising more money. It is also about how SACCOs plan, control costs, manage liquidity and keep management accountable. READ MORE: …

Saccos await new law to unlock national payments access

Sacco ReviewAugust 26, 202608 mins

Saccos face another wait for direct access to Kenya’s National Payments System Industry leaders call for wider consultation as the Co operatives Bill remains stuck in mediation Proposed reforms could introduce a Deposit Guarantee Fund and expand services available to Sacco members Kenya’s Sacco movement is facing another delay in its push for direct access…

ACCOSCA graduates co-op professionals from 12 countries

Sacco ReviewAugust 25, 202602 mins

Nearly 50 cooperative finance professionals from 12 countries have graduated from ACCOSCA’s ADE Programme. The seven day training focused on stronger Sacco leadership, governance and financial inclusion. Applications for the 2027 ADE classes open on September 1, 2026. Nearly 50 cooperative finance professionals from 12 countries have completed the African Development Educators (ADE) Programme in…

Why Kenya’s cooperatives struggle to attract youth

Sacco ReviewAugust 25, 202606 mins

Youth are turning away from traditional cooperative marketing that fails to match their digital habits. Experts are pushing for cooperative education in schools to build interest and membership from an early age. Ageing leadership, limited digital adoption and control of key economic resources are shutting out younger members. The engagement of youth in cooperatives in…

Qona Sacco wins top affordable home loan award in Kenya

Sacco ReviewAugust 24, 202602 mins

Qona Sacco has added a major recognition to its home ownership drive after emerging as the Affordable Home Loan Champion in the Sacco category at the Kenya Affordable Housing Awards 2026. The award puts the spotlight on Qona’s role in expanding access to home financing as more Kenyans look for affordable ways to build or…

KUSCCO set for restructuring as government moves to overhaul union

Sacco ReviewAugust 24, 2026August 24, 202604 mins

KUSCCO set for rebranding as KEFESCO under restructuring plan Government moves to address union’s financial crisis Shareholders to discuss KUSCCO’s future on August 28 The Government is planning to rename the Kenya Union of Savings and Credit Cooperatives (KUSCCO) to the Kenya Federation of Savings and Credit Cooperatives (KEFESCO) as part of efforts to restructure…

Bingwa Sacco Uwanjani Tournament kicks off with 110 teams

Sacco ReviewAugust 24, 202602 mins

The Bingwa Sacco Uwanjani Tournament has officially kicked off, bringing together more than 110 teams competing across eight football fields for a place in the knockout stage. Only 32 teams will progress to the next stage as the tournament gets underway, setting the stage for an intense battle for the title. READ: Dimkes DT Sacco…