To develop, regulate and promote an internationally recognized accountancy profession that upholds public interest through capacity building, advocacy, innovation and sustainable practices.
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
SACCO SECTOR CONFERENCE 2026
Theme:
Date: 22nd -24th July 2026
Time: 9.00-15.30
Venue: Sarova Imperial -Kisumu
OVERVIEW:
The Savings and Credit Cooperative (SACCO) sector continues to play a pivotal role in advancing financial inclusion, mobilizing savings and providing affordable access to credit for a significant proportion of the Kenyan population. This contribution is particularly evident in rural communities, where SACCOs have substantially improved access to essential financial services for individuals who would otherwise remain underserved by conventional banking institutions. By offering accessible savings and credit facilities, SACCOs have empowered ordinary citizens, fostered economic participation and promoted socio-economic development at the grassroots level.
However, the SACCO sector has historically faced several challenges, including weak governance structures, inadequate capitalization, non-compliance with financial reporting standards and emerging sustainability requirements. These challenges have constrained the sector’s ability to fully realize its potential as a catalyst for the socio-economic empowerment of its members. The recent events involving the Kenya Union of Savings and Credit Cooperatives (KUSCCO) serve as a stark reminder of the consequences of governance failures within the sector. The scandal, which resulted in substantial financial losses for participating SACCOs and their members, significantly eroded stakeholder confidence and underscored the far-reaching implications of poor governance on the stability of the financial sector and the broader economy.
These developments underscore the urgent need to strengthen governance frameworks, enhance oversight mechanisms, and foster a renewed commitment to accountability, transparency and prudent financial management within SACCO institutions. In response to the governance and operational weaknesses exposed by these failures, the SACCO Societies Regulatory Authority (SASRA) and the Central Bank of Kenya (CBK) have intensified regulatory requirements and supervisory oversight aimed at safeguarding members’ deposits, promoting sound corporate governance practices and enhancing the financial resilience and stability of SACCOs. These measures are intended not only to restore public confidence in the sector but also to ensure that SACCOs operate in a safe, sustainable and member-centric manner.
On a positive note, the Financial Reporting (FiRe) Award 2025 provided valuable insights and learning opportunities for the SACCO sector. Several SACCOs distinguished themselves by demonstrating exemplary practices in financial reporting, corporate governance and sustainability. These institutions exhibited strong adherence to International Financial Reporting Standards (IFRS) while integrating Environmental, Social, and Governance (ESG) principles into their strategic and operational frameworks, thereby enhancing transparency, accountability, and stakeholder confidence.
Importantly, the FiRe Award also brought to the fore critical issues affecting the sector’s compliance landscape and operational effectiveness. Among the key challenges identified were weaknesses in governance structures, inadequate capitalization, technological deficiencies and increasing incidences of fraud. These findings underscore the need for SACCOs to strengthen institutional governance, invest in digital transformation, enhance internal control systems and adopt sustainable business practices to improve resilience, maintain regulatory compliance and safeguard member interests.
The SACCO Sector Conference 2026, therefore, presents a timely and strategic platform for stakeholders to critically reflect on the prevailing challenges confronting the sector while jointly exploring emerging opportunities for innovation, resilience and sustainable growth. By fostering meaningful dialogue and collaboration among key actors, the conference seeks to strengthen the capacity of SACCO leaders, practitioners and members to effectively navigate the evolving financial landscape. Ultimately, it aims to enhance institutional adaptability, reinforce sector relevance and secure the long-term sustainability and competitiveness of SACCOs in a rapidly changing economic environment.
The following topics will be covered in the conference:
 TARGET AUDIENCE:
The conference is targeted at a wide range of professionals and organizations in the SACCO sector, including:
FINANCIAL COMMITMENT:
| Category | Charges Physical |
| Associate Members | Kes 40,000 per Delegate |
| Full Members | Kes. 45,000 per Delegate |
| Non-Member | Kes.50,000 per Delegate |
| Accommodation | Delegates are advised to make own travel and accommodation arrangements |
**Charges will cater for daytime meals, conference giveaways, learning materials, and certificates of attendance.
CPD UNITS
Members of ICPAK and reciprocating professional bodies will be awarded 20 CPD Units upon successfully attending all sessions.
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ONLINE BOOKING:
We call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory.  This is available either online at www.icpak.com/events  or on the ICPAK Live – A smart phone-based application that is available from google store.
NITA REIMBURSEMENT:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
Further requests can be channeled to us via telephone calls on +254 719 074 100, or via email to  marketing@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.
To develop, regulate and promote an internationally recognized accountancy profession that upholds public interest through capacity building, advocacy, innovation and sustainable practices.
