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

SASRA clarifies regulatory boundaries for Secondary Saccos in proposed 2025 bill

Sacco ReviewJuly 20, 202603 mins

SASRA says secondary Saccos will not offer retail services. Bill seeks to protect member savings through a Deposit Guarantee Fund. Reforms also strengthen liquidity management and interbank access The Sacco Societies Regulatory Authority (SASRA) has pushed back against widespread misinformation surrounding the proposed Sacco Societies (Amendment) Bill, 2025, clarifying that the bill will not allow…

Hazina Sacco assures members their deposits remain safe amid infrastructure fund rumours

Sacco ReviewJuly 16, 202605 mins

Hazina Sacco has assured members their deposits remain safe and are protected under the Sacco Societies Act and SASRA regulations. The Sacco dismissed rumours that members’ savings would be used to finance the National Infrastructure Fund, urging members to remain calm. The National Treasury and State Department for Cooperatives have also denied the claims, saying…

ACCOSCA opens 2026 SACCA congress registration

Sacco ReviewJuly 16, 2026July 16, 202604 mins

Registration for the 2026 SACCA Congress in Dar es Salaam is now open, with early bird rates available until August 17, 2026. Kenya is expected to send one of the largest delegations, backed by its strong ties with ACCOSCA and growing role in Africa’s cooperative movement. Registration has opened for the 26th Savings and Credit…

Your savings are safe: SASRA clarifies deposit protection in new SACCO bill

Sacco ReviewJuly 15, 2026July 15, 202603 mins

SASRA says proposed SACCO Bill will establish a Deposit Guarantee Fund to protect members’ eligible savings. Regulator says reforms will strengthen liquidity management and improve stability across the SACCO sector. Clarification comes amid misinformation linking members’ savings to the National Infrastructure Fund. The Sacco Societies Regulatory Authority (SASRA) has clarified that the proposed Sacco Societies…

Resilient growth of Mentor Sacco, from humble beginning to Tier 1 Sacco

Sacco ReviewJuly 14, 202608 mins

Mentor Sacco has grown into a Tier 1 Sacco with over Ksh18.47 billion in assets. Members earned a 15% dividend and 12.5% interest on deposits in 2025. The Sacco is expanding through digital services, new products and membership growth As Kenya joined the rest of the world in celebrating the International Day for Co-operatives on…

National Assembly moves to calm fears over Sacco savings in proposed law

Sacco ReviewJuly 14, 2026July 14, 202607 mins

Parliament has dismissed claims that the proposed Sacco law will allow the government to access members’ savings or control Sacco management. The Bill seeks to strengthen regulation, improve financial stability and establish a secondary Sacco to provide shared services for member cooperatives. The National Assembly says the legislation is still undergoing public participation, with stakeholder…

Why Saccos must be protected at all costs

Sacco ReviewJuly 13, 202605 mins

For millions of Kenyans, a Sacco is far more than just a place to save money. It is a trusted financial partner that has helped families educate their children, build homes, launch businesses, and weather severe economic hardships. Unlike conventional financial institutions driven solely by corporate profit, Saccos are owned by the very people they…

Why Parliament must safeguard member-owned SACCOs

Sacco ReviewJuly 11, 202607 mins

Xavier Lugaga urges Parliament to ensure the Sacco Societies (Amendment) Bill, 2025 strengthens governance without undermining member ownership and democratic control of SACCOs. A movement built by its members When Kenya’s economic history is written, the cooperative movement will earn a special chapter. Few institutions have empowered ordinary wananchi like Savings and Credit Cooperative Societies…

National Assembly dismisses misinformation on Sacco Amendment Bill, says legislation still open for public input

Sacco ReviewJuly 11, 202606 mins

The National Assembly has dismissed what it called widespread misinformation surrounding the proposed Sacco Societies (Amendment) Bill, 2025, saying claims that the legislation would create a government controlled “super Sacco” or hand the President power over Sacco leadership are false. In a public statement, the Assembly said the Bill, which seeks to amend the Sacco…

Laikipia County disburses KSh 100 million to boost Cooperative Societies’ growth

Sacco ReviewJuly 7, 202603 mins

Laikipia County Government has disbursed more than KSh100 million to local cooperatives through its Cooperative Revolving Fund, a facility now credited with driving value addition of farm produce and lifting incomes for members across the county. Speaking during the 104th Ushirika Day celebrations, governor Joshua Irungu revealed that the fund has expanded fivefold from an…