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Originally published by The Standard Business
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April 22, 2026
4h ago

State rallies support for Sacco reforms

State rallies support for Sacco reforms

Cooperatives and MSMEs Development Cabinet Secretary Wycliff Oparanya has intensified his quest to institute radical reforms in the country’s cooperative movement. ..

✨ Key Highlights

Kenya's Cabinet Secretary for Cooperatives and MSMEs Development, Wycliff Oparanya, is spearheading reforms aimed at making the country's Saccos more self-sustaining and ensuring the protection of members' savings.

  • The government plans to implement a committee report for an overhaul of the Cooperatives Act.
  • CS Oparanya clarified that the reforms aim to create a conducive environment for cooperatives to thrive, not to control them.
  • The discussions took place during the African Confederation of Cooperative Savings and Credit Associations (Accosca) Eastern regional bloc forum in Mombasa County, attended by leaders from 19 countries.

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