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

SASRA guides 700 Sacco officers on new supervision system

Sacco ReviewSeptember 3, 202602 mins

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…

Saccos face reckoning as KUSCCO losses go to a vote

Sacco ReviewAugust 27, 202604 mins

Friday’s vote could determine how Saccos absorb billions lost in the KUSCCO crisis. Affected Saccos have already been forced to recognise losses and set aside provisions. Pressure is mounting for accountability as members seek answers over how the funds disappeared. Kenyan Saccos head into Friday’s KUSCCo special general meeting still counting the cost of a…

SASRA opens 2027 DT SACCO licence renewal window

Sacco ReviewAugust 27, 2026August 27, 202602 mins

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…

SACCO Central Kenya urged to strengthen financial resilience

Sacco ReviewAugust 22, 202607 mins

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…

EACC flags governance gaps in Kenya’s co-ops sector

Sacco ReviewAugust 20, 2026August 20, 202604 mins

Commission calls for stronger controls to prevent corruption and protect resources Co-operatives department commits to reviewing and implementing recommendations The Ethics and Anti-Corruption Commission (EACC) has flagged governance and oversight weaknesses in Kenya’s co-operative sector that could open the door to corruption. The Commission presented its report on the examination of systems in the co-operative…

Saccos turn to youth to reverse ageing membership crisis

Sacco ReviewAugust 15, 202605 mins

Saccos are turning to young people to address an ageing membership base, with youth demanding faster, mobile driven financial services. Officials are urging Saccos to offer youth friendly products, digital services, financial education and clear pathways into leadership. Experts say mentorship, transparency and support for youth enterprises are key to making young people feel included…

Why Sacco dividends fell in 2026 despite sector growth

Sacco ReviewAugust 14, 202605 mins

Sacco dividends fell or were scrapped in 2026 as Saccos retained more earnings to strengthen capital and liquidity. SASRA rules, KUSCCO losses and provisions for non performing loans reduced funds available for dividend payouts. Despite lower dividends, the sector grew strongly, with total Sacco assets rising 12.4 per cent to Ksh1.21 trillion. Kenyan Sacco members…

Ukristo na Ufanisi DT Sacco opens six sales and two call centre roles

Sacco ReviewAugust 8, 202603 mins

Ukristo na Ufanisi DT Sacco has opened eight positions, six direct sales representatives and two call centre agents. Applications should be submitted by August 17, 2026, with candidates required to send their CVs and application letters via email. The Sacco serves more than 32,000 members, has an asset base of Ksh2.2 billion and continues to…

KUSCCO ordered to refund Ksh489 million to Mhasibu Sacco

Sacco ReviewAugust 6, 2026August 6, 202607 mins

The Co-operative Tribunal has ordered KUSCCO to refund nearly Ksh489 million to Mhasibu DT Sacco over a matured fixed deposit and savings account. The tribunal ruled that KUSCCO must honour its contractual obligations despite its financial challenges and restructuring. The decision could influence similar recovery claims by other Saccos seeking to recover funds tied up…

SASRA opens 2027 external auditor listing for Saccos

Sacco ReviewAugust 5, 202603 mins

SASRA has opened applications for external auditors to audit regulated Saccos in 2027. Applications close on November 30, 2026, with the approved list due on January 15, 2027. Members should ensure their Sacco uses a SASRA listed auditor. The Sacco Societies Regulatory Authority (SASRA) has invited qualified external auditors and audit firms to apply for…