Stakeholders during the launch of the Kenya IFRS S1 and S2 Readiness Report 2026. PHOTO| courtesy

Saccos face 2027 deadline for climate disclosure rules

Saccos face new sustainability reporting requirements from 2027 Readiness assessment highlights gaps in climate data reporting Regulators urged to support simpler reporting systems for Saccos Deposit-taking Saccos are among seven regulated sectors required to disclose climate and sustainability data from January 1, 2027. The deadline sits within a new global reporting regime, and Kenyan regulators…

Read More
SASRA CEO David Sandagi speaks during the 3rd National Credit Market Convention, where he highlighted the role of Saccos in building trust in Kenya’s credit market. PHOTO| Courtesy

Sandagi highlights Saccos’ role in building credit market trust

Sandagi highlights Saccos’ role in building trust in Kenya’s credit market Peer guarantorship helps members access formal financial services Regulated Saccos now serve 7.87 million members with Ksh1.21 trillion in assets The Sacco Societies Regulatory Authority (SASRA) has highlighted the growing role of Savings and Credit Cooperative Societies (Saccos) in promoting financial inclusion and strengthening…

Read More
Acting Chief Executive Officer of the Sacco Societies Regulatory Authority (SASRA), David Sandagi-Photo|Courtesy

Land, housing top Sacco lending in first half of 2026

Land and housing received the largest share of Sacco loans in H1 2026. Education and agriculture followed as major borrowing categories. Sacco credit continues to support members’ investment and household needs. A good number of Kenyans used loans from savings and credit cooperatives to buy land and secure home ownership during the first half of…

Read More
SASRA acting CEO, CPA David Amiani Sandagi. Photo/Courtesy

NWDT Saccos improve asset quality as reserves strengthen in Q2 2026

NWDT Saccos recorded lower non performing loans in Q2. Reserves and core capital strengthened during the quarter. Earnings remained volatile despite improving financial indicators. Kenya’s non-withdrawable deposit-taking Saccos (NWDT-Saccos) closed the second quarter of 2026 with improving asset quality and a stronger reserve position, even as earnings continued to swing sharply from one quarter to…

Read More
SASRA acting CEO
SASRA acting CEO, CPA David Amiani Sandagi. Photo/Courtesy

Sacco sector assets hit Sh1.25 trillion in Q2 2026

Sacco sector assets rise to Ksh1.25 trillion Deposits and loans continue to expand Stronger reserves boost the sector’s capital base Kenya’s regulated Saccos closed the second quarter of 2026 with total assets of Ksh1.25 trillion, a 12.64% rise from June 2025, according to the latest report by the SACCO Societies Regulatory Authority (SASRA). The growth,…

Read More
SASRA CEO, CPA David Amiani Sandagi. Photo/Courtesy

SASRA guides 700 Sacco officers on new supervision system

SASRA trains over 700 SACCO officers on its new supervision system. The online platform will streamline 2027 licence renewal submissions. DT and NWDT SACCOs face separate deadlines for compliance. The Sacco Societies Regulatory Authority (SASRA) held a virtual sensitisation session attended by over 700 participants drawn from regulated Deposit Taking (DT) and Non-Withdrawable Deposit Taking…

Read More
SASRA CEO, CPA David Amiani Sandagi. Photo/Courtesy

SASRA opens 2027 DT SACCO licence renewal window

SASRA has opened applications for DT SACCOs seeking to renew their licences for 2027. Regulated SACCOs have until September 30, 2026, to complete their renewal applications. The regulator will publish the list of SACCOs licensed for 2027 by January 31 next year. The Sacco Societies Regulatory Authority (SASRA) has opened the renewal window for 2027…

Read More
Patrick Kilemi (center), PS for Cooperatives during discussions on the current status and strategic direction of Sacco Central Kenya

SACCO Central Kenya urged to strengthen financial resilience

SCK is being urged to strengthen resilience amid rising competition. Government wants greater innovation and efficiency across Saccos. The push aims to protect members while expanding financial inclusion. SACCO Central Kenya (SCK) has been challenged to strengthen its financial resilience, improve shared services and embrace innovation to remain competitive as Kenya’s cooperative financial sector undergoes…

Read More
Don`t copy text!