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

Ex-Mwietheri SACCO employee charged in alleged Ksh8.9 million fraud

Sacco ReviewApril 22, 202603 mins

A former employee of Mwietheri Savings and Credit Co-operative Organization (SACCO) Ltd has been charged with alleged fraud involving more than Ksh 9 million, following investigations by specialised detectives attached to the Sacco Societies Regulatory Authority (SASRA). Alfred Maina Munene was arraigned before the Gichugu Law Courts on Tuesday April 21, a day after his arrest…

Oparanya declares digital compliance mandatory for SACCO licensing

Sacco ReviewApril 12, 202604 mins

Cabinet Secretary for Cooperatives and MSME Development, Wycliffe Oparanya, has announced that no Savings and Credit Cooperative Society (SACCO) will be licensed to operate unless it demonstrates full commitment to digital transformation. Speaking at the recent Leadership, Ethics and Strategic Governance Forum, Oparanya warned that failure to modernize would erode public trust and ultimately destroy…

SASRA orders SACCOs to bolster cyber-security ahead of holiday attack risks

Sacco ReviewApril 2, 202604 mins

The Sacco Societies Regulatory Authority (SASRA) has directed all regulated SACCOs to institute round‑the‑clock surveillance and mandatory offline data back‑ups of their digital platforms, warning of heightened cyber‑attack risks during the upcoming Easter and Labour Day holidays. According to SASRA, analysis of past incidents shows cyber‑attacks peak during long weekends and public holidays, particularly in…

Ports DT SACCO announces opportunity for an Internal Audit Officer

Sacco ReviewMarch 26, 202604 mins

Ports Deposit Taking Savings and Credit Cooperative Organization (DT SACCO) has announced an exciting opportunity for qualified professionals to join their team as an Internal Audit Officer. This critical role will play a key part in supporting the Sacco’s internal audit function, with responsibilities focused on evaluating internal controls, ensuring compliance, and strengthening operational efficiency….

Why experts recommend deposit insurance to protect Sacco members billions

Sacco ReviewMarch 24, 2026012 mins

For millions of Kenyans, Savings and Credit Cooperative Organisations (SACCOs) are trusted financial lifelines workforce borrow loans and plan their futures. Loans from SACCOs usually have lower interest rates than banks, mobile lenders, or microfinance institution. According to the Sacco Societies Regulatory Authority (SASRA) gross loans across the industry increased to Ksh 948.31 billion in…

Inside the SACCOs’ Deposit Protection Fund recommended by experts

Sacco ReviewMarch 20, 2026March 20, 202608 mins

The Savings and Credit Co-operative Societies (SACCOs) in Kenya might finally have a deposit protection fund(DPF) similar to that enjoyed by banks, 5 years after Kenya’s Cabinet approved amendments to the Savings and Credit Co-operative Societies (SACCO) Act, to make this happen. The fund proposed by the sector experts seeks to establish a deposit insurance…

SASRA: SACCO sector guns towards a trillion disbursement

Sacco ReviewMarch 15, 202604 mins

The Savings and Credit Co-operative Organisation (SACCO) is gunning towards a trillion disbursements as at December 2025. According to Sacco Societies Regulatory Authority (SASRA), the sector received Ksh125.7 billion in the year 2024.At the same time, the amount Kenyan Sacco sector disbursed across the country exceeded Ksh900 billion by December 2025. In addition, the data…

Why protecting Sacco deposits is paramount

Sacco ReviewMarch 10, 202607 mins

Losing money by dropping it carelessly while taking a leisurely walk is a painful thing. But losing money that you have been agonizingly saving in a Savings and Credit Cooperative Societies (Saccos) for years is a life-changing event that can sink you into penury for the rest of your life. That is why protecting Sacco…

Govt to establish new regulator for non-SACCO cooperatives to sort oversight gap

Sacco ReviewFebruary 27, 202603 mins

The government is planning to establish a new regulatory authority to safeguard billions of shillings in non-Sacco cooperatives, a move aimed at addressing critical oversight gaps that have left thousands of Kenyans, especially farmers, vulnerable to financial loss. This was revealed by the Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development Cabinet Secretary Wycliffe…

SASRA Acting Chief Executive Officer, David Sandagi,

SASRA report: SACCO total assets hit Ksh 1.21 Trillion mark

Sacco ReviewFebruary 26, 202606 mins

Sacco Societies Regulatory Authority (SASRA) has released the Quarterly Statistical and Soundness Report for the period October to December 2025, providing a comprehensive overview of the performance, growth and financial stability of Regulated SACCOs in Kenya The report indicated that by December 2025, total assets of regulated SACCOs had grown to Ksh 1.21 trillion, up…