Saccos
SACCOs in Governance Crisis: Only 19 Meet Set Compliance Levels
SACCOs (Savings and Credit Cooperative Societies) that are licensed to engage in deposit-taking business have been warned about declaring Dividends and Rebates from...
JACKSON OKOTH2 Mins read
Tower and Cosmopolitan SACCOs Open 2026 AGM season
Tower Deposit-Taking SACCO, headquartered in Ol Kalou, Nyandarua County, and ranked the 5th largest in Kenya with a balance sheet size worth KSh...
JACKSON OKOTH2 Mins read
SACCOs Shy Away from Listing at the Nairobi Securities Exchange
SACCOs (Savings and Credit Cooperative Societies) have given the Nairobi Securities Exchange(NSE) a wide berth, owing to a legal vacuum and an outdated...
JACKSON OKOTH3 Mins read
SACCO to Have Heated Annual Gatherings As Dividends Fall
SACCO (Savings and Credit Cooperative Societies) members are likely to turn noisy, stormy and acrimonious during the upcoming stormy 2026 Annual Delegates Meetings(ADMs)....
JACKSON OKOTH3 Mins read
SASRA Cracks Down on Auditors Over Delayed 2024 Statutory Reports
The Sacco Societies Regulatory Authority (SASRA) has moved to tighten compliance among auditors handling regulated Saccos by issuing a 30-day ultimatum to those...
SABRINA BT1 Mins read
Delay in Cash Refunds Tops SACCO Member Complaints
Delay by Savings and Credit Cooperative Societies(SACCOs) in refunding cash to members who have exited the Society or intend to transfer their shares...
JACKSON OKOTH3 Mins read
SACCOs Widen Loan Offerings to Fight Off Digital Lenders
Savings and Credit Cooperative Societies (SACCOs) are busy digging in and expanding their product offering into digital and micro-credit loans to ward off...
JACKSON OKOTH2 Mins read
Govt Sets Deadline for Dormant Saccos to Comply or Face Liquidation
Dormant Saccos that are no longer active will be struck off the register and liquidated, Co-operatives and MSMEs Cabinet Secretary Wycliffe Oparanya has...
SABRINA BT2 Mins read
Metropolitan SACCO Hit by a Wave of Refund Claims
Between February and July this year, the Cooperatives Tribunal has awarded over 36 refund claims sought by members seeking to withdraw membership from...
JACKSON OKOTH1 Mins read
