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    1.0.32

    SACCOs

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    The Full List of 176 Back-Office Savings and Credit Saccos Authorised to Operate in 2026

    The Full List of 176 Back-Office Savings and Credit Saccos Authorised to Operate in 2026

    Harry
    Harry Njuguna
    15 days ago
    The Full List of the 176 Licensed Deposit-Taking Saccos in 2026

    The Full List of the 176 Licensed Deposit-Taking Saccos in 2026

    SASRA has kept the regulated footprint stable at 176 deposit-takers, signalling continuity in a tightly supervised sector
    Harry
    Harry Njuguna
    15 days ago
    Five Saccos Put on Credit-Only Status as Two Exit

    Five Saccos Put on Credit-Only Status as Two Exit

    Kenya's Sacco regulator has placed five Saccos on conditionally restricted, credit-only status for 2026, barring them from taking any new deposits and subjecting them to tighter supervisory conditions
    Harry
    Harry Njuguna
    16 days ago
    SACCO Moves to Recover KSh 108.8mn from Insolvent KUSCCO

    SACCO Moves to Recover KSh 108.8mn from Insolvent KUSCCO

    A Christian-based SACCO has obtained court orders to auction the movable assets of the KUSCCO to recover KSh108.8 million in unpaid deposits.
    Brian
    Brian Nzomo
    21 days ago
    SACCOs’ Assets Grow By Double-Digits, But Bad Loans Soar

    SACCOs’ Assets Grow By Double-Digits, But Bad Loans Soar

    Brian
    Brian Nzomo
    2 months ago
    Sacco Regulator Clears New Saccos as Sector Tightens Compliance Rules

    Sacco Regulator Clears New Saccos as Sector Tightens Compliance Rules

    Sasra has licensed a new batch of Saccos to operate, as the regulatory body moves to balance its dual mandates to expand the sector while protecting members’ contributions
    Fred
    Fred Obura
    4 months ago
    35 SACCOs Risk Sanctions as Regulator Escalates Anti-Money Laundering Crackdown

    35 SACCOs Risk Sanctions as Regulator Escalates Anti-Money Laundering Crackdown

    Thirty-five savings and credit cooperatives (SACCOs) are staring at possible sanctions after failing to register with the Financial Reporting Centre (FRC) as required under new anti-money laundering regulations. SASRA noted: “A [...]
    Fred
    Fred Obura
    5 months ago
    SACCOs Face KSh 3.5bn in Unremitted Funds from Employers

    SACCOs Face KSh 3.5bn in Unremitted Funds from Employers

    Kenya’s regulated savings and credit cooperatives (SACCOs) are facing renewed financial strain as non-remitted funds owed by employers jumped to KSh 3.49 billion in 2024, up from KSh 2.59 billion [...]
    Fred
    Fred Obura
    5 months ago
    Kenya's Saccos Cross KSh 1 Trillion in Combined Assets

    Kenya's Saccos Cross KSh 1 Trillion in Combined Assets

    Kenyans are saving in, and borrowing more from, Saccos than ever before, pushing the sector’s assets past KSh1 trillion by the end of 2024, but the sector is grappling with [...]
    Fred
    Fred Obura
    5 months ago
    Co-op Bank SACCO Wins as Kenya Marks Global Cooperatives Year

    Co-op Bank SACCO Wins as Kenya Marks Global Cooperatives Year

    Co-operative Bank of Kenya’s employer-based savings and credit unit, NWDT Sacco Society, has been ranked the best performing large- and medium-tier non-withdrawable deposit-taking (NDT) SACCO during the country’s 2025 Ushirika [...]
    Brian
    Brian Nzomo
    7 months ago
    Sacco Scandals Fire Gov't into Action, But Will Reforms Hold?

    Sacco Scandals Fire Gov't into Action, But Will Reforms Hold?

    The government has moved to protect interest of members in the Savings and Credit Cooperative Societies (SACCOS) following growing cases of mismanagement leading to the total or near collapse of [...]
    Fred
    Fred Obura
    9 months ago
    Troubled KUSCCO to Auction 50 Properties in June

    Troubled KUSCCO to Auction 50 Properties in June

    The Kenya Union of Savings and Credit Co-operatives (KUSCCO) is preparing to auction off a portfolio of real estate assets in a nationwide campaign, with 50 properties slated to go [...]
    Brian
    Brian Nzomo
    9 months ago

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