1.9m stop sacco savings as take-home pay drops

Dormant members in savings and credit co-operative societies (Saccos) increased by 14.1 percent to 1.9 million in 2025, driven by reduced disposable incomes that led workers and traders to stop contributing or borrow from their accounts. Data from the Sacco Societies Regulatory Authority (Sasra) shows that 24.14% of the 7.87 million Sacco members did not transact on their accounts for over six months last year.