Sacco Societies,SACCO Societies Act Stories

Oparanya faults counties for SACCO liquidity crisis, says non-remittance crippling operations

Lucy Mumbi | Aug 06, 2025

CS Wycliffe Oparanya said county administrations have withheld millions of shillings deducted from Sacco members, especially medical staff, plunging s...

New Bill proposes deposit guarantee, liquidity regulation in SACCOs

Maureen Kinyanjui | Jul 25, 2025

The proposed changes, introduced through the Sacco Societies (Amendment) Bill, 2025 by Majority Leader Kimani Ichung’wah, aim to offer financial prote...

CS Oparanya appoints team to review SACCO Societies Act, appoints new KUSCCO Board

Lucy Mumbi | Apr 16, 2025

In a statement issued on Wednesday, Oparanya said the experts would be responsible for reviewing the legislation and proposing amendments to enhance t...

Ghost shareholding, fake loans used to steal Sh82.3 million from Energy Sacco - report

Lucy Mumbi | Feb 27, 2025

The fraud, which occurred between January 2016 and June 2021, was uncovered by Reuben Gitahi & Associates Forensic Services, a firm hired by Energy Sa...

Saccos regulatory agency releases list of institutions licensed to operate in Kenya

Maureen Kinyanjui | Jan 28, 2025

These saccos are said to have met the necessary regulatory requirements and are authorised to operate from January 1, 2025, to December 31, 2025.