Business
Sacco lending nears Sh1 trillion as bad debts climb
SASRA reported that the ratio of non-performing loans to gross loans among DT-Saccos increased to 6.56 per cent in June, from 6.42 per cent three months earlier.
Sasra
News
New Sacco Bill promises deposit protection but raises payout questions
The Sacco Societies (Amendment) Bill, 2025, now before the National Assembly, proposes far-reaching changes to the way saccos are regulated. One of its key proposals is to allow members to claim protected deposits from the Deposit Guarantee Fund once a sacco's licence or authorisation has been revoked.
Business
CAK: Proposed SACCO union will support, not control, members' funds
Speaking on Radio Generation on Thursday , Marube said misinformation circulating on social media about the proposed Sacco Societies (Amendment) Bill has caused unnecessary anxiety among millions of cooperative members.
Business
Stima Sacco CEO explains truth behind 'DT' in your Sacco's name
Hassan has likened SASRA's role in the Sacco industry to that of the Central Bank of Kenya in the banking sector.
Business
Sasra: Nearly 9 in 10 sacco members have savings below Sh50,000
According to Sasra, regulated Saccos were managing 18.95 million deposit accounts worth a combined Sh832.8 billion as of December 2025. Of these accounts, 16.88 million held less than Sh50,000. Together, they accounted for Sh45 billion, representing just 5.36 per cent of the total deposits held within the regulated Sacco sector.
Business
SACCOs disburse Sh33.74bn for land and housing in first quarter of 2026
According to the SACCO Societies Regulatory Authority (SASRA) Quarterly Statistical and Soundness Report released by The Sacco Regulator on Monday, for the period ending March 2026, lending to the land and housing sector remained the largest credit segment, accounting for Sh33.74 billion of the Sh115.73 billion advanced across all economic sectors
Corridors of Justice
19 Metropolitan National Sacco officials charged over Sh14bn fraud scheme
According to the Directorate of Criminal Investigations (DCI), the case stems from a request by the Sacco Societies Regulatory Authority, which flagged suspected embezzlement and governance failures within the institution.
News
Sh8.3bn deficit threatens Cooperative sector plans in new budget estimates
The State Department for Cooperatives says it needs Sh15.28 billion for 2026/27, but the National Treasury allocated Sh6.98 billion, leaving an Sh8.3 billion gap. PS Patrick Kilemi warned this may slow cooperative and coffee programmes.
News
SASRA orders 24/7 cyber monitoring by SACCOs ahead of long weekends
Kenya’s SASRA has ordered all regulated SACCOs to deploy 24/7 cyber monitoring, offline backups and tighter controls ahead long holiday weekends, citing increased cyber-attack risks and insider collusion threats.
News
MPs raise concerns over major staff shortages at SASRA
An audit shows SASRA is operating with 93 staff against an approved 145, prompting MPs to question service delivery, staff welfare and youth job opportunities during a parliamentary hearing.
Business
SASRA bars five SACCOs from taking member deposits in 2026
The authority also cautioned members of the public against dealing with SACCOs that are not licensed or authorised, noting that any such transactions would be done at personal risk.
Business
SASRA orders SACCOs to submit audited accounts by March 15
The regulator emphasized that meeting this deadline will allow sufficient time for the review and approval of the accounts by March 31, 2026, in preparation for the SACCOs’ Annual General Meetings (AGMs). "Submission Period is from January to March 15 2026, to allow approval by March 31, 2026.