2 stories
Daily Brief ·
SACCO deductions never remitted: KES 3.9bn taken from payslips in 2025 did not reach SACCOs
Employers deducted KES 3.92bn from workers' pay for SACCO savings and loan repayments in 2025 but did not pass it on, affecting 104,331 members, according to SASRA. County governments and assemblies owed KES 1.88bn of it. The table shows every employer category, and the brief sets out what a member can compare.
Explainer ·
SASRA, IRA, and the perimeter beyond commercial banks
A perimeter guide: deposit-taking saccos under SASRA, insurers under IRA, and why a bank-only reading of Kenya’s financial system misses binding decisions.
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