Topic: SASRA
Sh1.36 billion KUSCCO loan crisis places 58 SACCOs at serious risk of losing assets
Jul 22, 2025 at 06:22 PM
A total of 58 savings and credit cooperatives across Kenya could soon have their assets seized and auctioned after defaulting on loans worth Sh1.36 billion taken from the Kenya Uni...
NCBA holds SACCOs' hands through governance, accountability challenges
Jul 03, 2025 at 06:45 PM
Savings and Credit Cooperative Societies (SACCOs) in Kenya have been challenged to boldly tackle numerous governance issues facing them to attract more customers and investments....
KUSCCO top bosses depart amid scrutiny into unlicensed deposit-taking scandal
Jan 18, 2024 at 01:51 PM
The winds of change are swirling within the Kenya Union of Savings and Credit Co-operative Society (KUSCCO), as long-serving managing director George Ototo and national chairman Ge...
CS Chelugui addresses concerns on KUSCCO, Metropolitan, Network Saccos
Dec 21, 2023 at 05:00 AM
The Ministry of Co-operatives & Micro, Small and Medium Enterprises, led by Cabinet Secretary Simon Chelugui, has recently made a statement addressing allegations against the Sacco...
Agriculture-based SACCOs facing loan defaults due to biting drought crisis
Sep 11, 2023 at 02:12 PM
The SACCO Societies Regulatory Authority (SASRA) has unveiled its annual SACCO supervision report for 2022, revealing a concerning trend of loan defaults within agriculture-based s...
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