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July 8, 2025
1mo ago

Govt Sets New Rules for Saccos With Over 5,000 Members

Govt Sets New Rules for Saccos With Over 5,000 Members

The Saccos have six months to comply...

✨ Key Highlights

The Commissioner for Cooperative Development has introduced new governance rules for cooperatives in Kenya with over 5,000 members, aimed at promoting transparency and member representation.

  • Cooperatives are required to adopt a delegate system for general meetings, with delegates numbering between 150 and 500.
  • The announcement was made by Commissioner David Obonyo, who emphasized the need for clear communication with members.
  • This initiative is part of broader reforms addressing issues of financial mismanagement and poor engagement identified in large cooperatives.

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