The Savings and Credit Cooperative Societies Regulatory Authority (SASRA) has restricted the licenses of five SACCOs and revoked the licenses of two others in Kenya, effective February 3, 2026. This action comes as part of its ongoing regulation of the financial sector.

• Five SACCOs in Nairobi, Samburu, Kiambu, Marsabit, and Kajiado had their licenses restricted for 12 months, limiting them to credit-only operations and prohibiting new deposits.
• One SACCO voluntarily ceased operations and merged, leading to the revocation of its license upon expiry and its prohibition from conducting business from January of this year.
• Another SACCO's license was revoked due to its failure to apply for renewal by December 31, 2025.
• A total of 176 SACCOs are licensed for deposit-taking business, and an additional 176 for non-deposit-taking business.
• SASRA CEO David Sandagi cautioned the public against transacting with unlicensed SACCOs and directed licensed ones to display their certificates conspicuously.