Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Guarantor-related Sacco complaints surge sharply in 2025 Loan and loan issuance complaints also increase during the year Savings and deposit refund cases remain the largest complaint category Complaints involving Sacco loan guarantors more than quadrupled in 2025, emerging as one of the fastest growing areas of concern among members. According to the 2025 Sacco Supervision…
Treasury plans to redirect Sacco deductions straight to societies Unremitted payroll deductions rise as more members are affected Most outstanding deductions are linked to Sacco loan repayments Kenya is moving to take billions of shillings in workers’ Sacco deductions out of the hands of employers. The payroll overhaul is designed to stop a growing crisis,…
Large Saccos continue to hold most of the sector’s deposits Hundreds of smaller societies account for a much smaller share Government-based Saccos hold the largest deposits by membership category Deposits remain heavily concentrated among a small group of large societies, with 46 Saccos controlling nearly 70 per cent of the sector’s total deposits in 2025….
New measures target deposits, shared services and cyber risks SASRA gains wider powers over financial crime compliance Proposed reforms could reshape liquidity and deposit protection systems Kenya’s Sacco sector is facing significant regulatory changes following new measures on deposit protection, money laundering, shared financial services and cybersecurity. The developments, which are contained in the 2025…
Women remain underrepresented in Sacco boardrooms despite gradual gains Female leadership grows stronger in executive positions across the sector Gender representation varies sharply between board and management roles Women hold barely a quarter of Sacco board seats in Kenya, even as more women now lead Saccos as chief executives than ever before. That is the…
Saccos increased investments across several financial instruments Cooperative institutions attracted the largest share of investments Saccos diversified holdings amid losses linked to KUSCCO Regulated Savings and Credit Cooperative Societies (Saccos) increased their investments in cooperative institutions, government securities and collective investment schemes in 2025. According to the 2025 Sacco Supervision Annual Report by the Sacco…
Thousands of Sacco members were affected by delayed remittance of payroll deductions County governments and assemblies accounted for the largest share of unremitted funds The delays come as regulated Saccos continue expanding their assets and digital services More than 104,000 members of Savings and Credit Co-operative Societies (Saccos) were caught in delayed remittances in 2025…
Saccos have set aside billions as losses tied to their KUSCCO investments KUSCCO is moving towards liquidation after members approved the process Sasra is strengthening digital supervision as new financial and cyber risks emerge Savings and Credit Co-operative Societies (Saccos) that had invested shares and deposits with the Kenya Union of Savings and Credit Co-operatives…
Regulated Saccos continued to expand their financial footprint in 2026 Members borrowed billions for housing, education and agricultural activities Digital services are widening access as Saccos face challenges over unremitted deductions Kenya’s regulated Saccos grew total assets to Ksh1.278 trillion by August 31, 2026, underscoring their growing role in financial inclusion. The regulated Sacco sector…
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…
