State tightens grip on saccos as sector's asset base hits Sh1 trillion

Small-sized Saccos with deposits of below Sh100 million will be required to merge with larger ones as the government tightens its grip on the sector...

✨ Key Highlights

The Kenyan government is increasing its oversight of the Sacco sector, which has an asset base exceeding Sh1 trillion. This move comes amid concerns over weak governance structures within the sector.

Small-sized Saccos with deposits below Sh100 million will be mandated to merge with larger entities.
Co-operatives CS Wycliffe Oparanya was present at the launch of the Sacco Supervision Annual Report, 2024.
The launch took place in Nairobi on September 25, 2025.

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