June 9, 2026
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Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

The Leading Newspaper for Co-operative Movement in Kenya

Tag: Saccos

dividends
The writer argues that a financially stable SACCO is not simply one that pays high dividends. It is one that can withstand economic shocks, maintain adequate liquidity, manage loan defaults effectively, and protect members’ deposits over the long term.

Are high dividends a measure of your SACCO’s financial stability?

Sacco Review011 mins

For decades, Savings and Credit Cooperative Organization (SACCOs) have occupied a special place in Kenya’s financial ecosystem. They are trusted institutions built on community ownership, shared prosperity, and the promise of affordable credit. Every year, members eagerly await dividend announcements with the same excitement shareholders reserve for listed companies. In many circles, a SACCO that…

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Siaya
Siaya Governor, James Orengo, issuing a cheque to Saccos and farmer producer organizations.

Siaya banks on SACCOs, youth to boost commercial farming

Sacco Review05 mins

Siaya County is banking on youth agripreneurs to improve extension services and transform subsistence farming into a commercial sector that drives rural economic growth. This comes after the county government on Tuesday, May 19, introduced 150 young agripreneurs who will boost grassroots agricultural extension and farmer outreach through the National Agricultural Value Chain Development Project…

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CS Wycliffe Oparanya before the Senate plenary-Photo|Courtesy

12,000 Saccos to face deregistration over failure to file returns

Sacco Review03 mins

Co‑operatives Cabinet Secretary Wycliffe Oparanya has cautioned more than 12,000 Savings and Credit Cooperative Societies (Saccos) that they risk deregistration for failing to file annual returns, in a move aimed at protecting citizens from dormant and fraudulent accounts. Appearing before the Senate, Oparanya revealed that out of 14,000 registered Saccos, only 2,000 have complied with…

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MSME CS
Cabinet Secretary for Co-operatives and MSME Development Wycliffe Oparanya speaking during a meeting with the National Assembly Departmental Committee on Trade, Industry and Co-operatives on Saturday, May 16, in Mombasa. Photo Courtesy

Oparanya: Flaws in MSME and SACCO laws hurting sector growth

Sacco Review04 mins

The government has admitted that weaknesses in existing laws governing Micro, Small and Medium Enterprises (MSMEs) and Savings and Credit Co-operative Societies (SACCOs) are slowing the growth and effectiveness of the sector. Cabinet Secretary for Co-operatives and MSME Development Wycliffe Oparanya told lawmakers that gaps in the current legal framework have undermined efforts to strengthen…

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ttorney General Dorcas Oduor-Photo|Courtesy

Attorney General orders Saccos to file annual returns within 60 days or face deregistration

Sacco Review04 mins

The Office of the Attorney General has issued a stern directive requiring all registered societies, including hundreds of Savings and Credit Cooperative Societies (Saccos), to file their annual returns within the next 60 days or risk enforcement action. In a public notice, the Registrar of Societies reminded organisations that filing annual returns is a legal…

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Kenyan diaspora remittances mobilized for climate solutions through SACCOs, says WOCCU

Sacco Review05 mins

Nearly $5 billion in annual remittances from Kenyans abroad is being redirected to support climate solutions through a new program that channels diaspora savings into renewable energy, water access, climate‑smart agriculture, and green housing projects. According to the World Council of Credit Unions (WOCCU), the initiative creates a direct pathway for diaspora funds to finance…

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Busia Bodaboda riders during the empowerment drive
Busia Bodaboda riders during the empowerment drive. Photo Courtesy

Busia Bodaboda riders reap big from empowerment drive, urged to form SACCOs

Sacco Review04 mins

Busia County Bodaboda riders yesterday received a major boost after Governor Paul Otuoma in the company of distinguished guests, presided over a Riders Empowerment Initiative that doubled as a major harambee, bringing together over 2,000 bodaboda riders. According to the organisers, the initiative focused on smart insurance solutions, enhanced security awareness, financial literacy, and practical…

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Digital transactions expose weaknesses in SACCO payment systems as regulators tighten oversight

Sacco Review03 mins

Kenya’s cooperative lenders are facing mounting regulatory pressure as surging digital transactions expose gaps in their payment systems. Industry experts warn that the rapid growth of real‑time payments is testing the resilience of banks and SACCOs, raising concerns about transparency, compliance, and customer trust. According to BPC East Africa Country Manager Prashant Byndoor, real‑time payment…

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SACCOs
Members of a leading Sacco in Embu County during an AGM meeting, it turns out that most were dominated by elderly people hence the need to market the entities more to young people to inculcate the culture of savings into them.

SACCOs in Embu urged to target youth to boost saving culture

Sacco Review05 mins

Management of Savings and Credit Cooperative Societies (SACCOs) in Embu County has been challenged to deliberately target young people in their recruitment and marketing campaigns, with the aim of fostering a culture of long-term saving and investment. It was further suggested that SACCO marketing initiatives be integrated into the education system, with experts visiting secondary…

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