SASRA Stories

Thousands at risk of loan defaults as employers fail to remit Sh4.2 billion to Saccos
Maureen Kinyanjui  |  Sep 27, 2025

Deposit-taking Saccos, which dominate the industry with over 80 per cent of assets, loans, and deposits, showed improved financial strength.

CS Oparanya calls for mergers to stabilise small SACCOs, strengthen sector
Maureen Kinyanjui  |  Sep 26, 2025

Currently, Sasra only oversees Saccos with deposits of Sh100 million or more, leaving many smaller co-operatives under the Commissioner of Co-operativ...

Matatu SACCOs to transform into transport cooperatives in new regulatory overhaul
Mary Wambui  |  Sep 25, 2025

The move, which is part of regulating the Sacco industry, requires that those genuinely engaged in savings and credit business apply to be regulated b...

Saccos outpace banks with affordable loans, but face liquidity challenges - Sasra
Maureen Kinyanjui  |  Sep 16, 2025

The Central Bank of Kenya raised the base lending rate to 13 per cent in February 2024 and maintained it until August, driving some commercial lenders...

Treasury disburses Sh2.6 billion to boost recovery of MSMEs
Maureen Kinyanjui  |  Sep 13, 2025

The five-year Sh7.1 billion initiative was designed to fill financing gaps in the MSME sector, gaps that widened during the Covid-19 pandemic.

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...

Mismanagement of Co-operatives funds amid delayed audits sparks probe
Maureen Kinyanjui  |  Jul 23, 2025

Defending the cooperative movement, PS Patrick Kilemi said Kenya has over 7,000 registered financial cooperatives, ranking top in Africa and sixth glo...

Sh3 billion SACCO fraud exposes deep governance, regulatory gaps
Maureen Kinyanjui  |  Jul 04, 2025

These losses, driven by unremitted deductions, liquidity issues, and failure to meet required financial standards, are threatening the stability of th...

30 Saccos flagged over capital gaps by regulator
Maureen Kinyanjui  |  Mar 22, 2025

Among those affected, Metropolitan National, Shoppers, Jitegemee, Jumuika, Lamu Teachers, and Ndosha Saccos have been singled out for having core capi...

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.

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