Kenya Union of Savings and Credit Co-operatives (KUSCCO) Archives - Hivileo

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Court Petition Filed to Wind Up SACCO Giant Over Ksh 12.5B Deficit

Juma Nasimiyu Centrine April 3, 2026

A major financial storm is brewing around the Kenya Union of Savings and Credit Co-operatives (KUSCCO) after a petition sought to wind up the institution over a reported Ksh 12.5 billion deficit. According to a gazette notice issued under the Insolvency Act, petitioners moved to the High Court of Kenya in Nairobi on March 17,

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