Kenya National Police DT Sacco Holds 52nd Annual Delegates Meeting

The Kenya National Police DT Sacco today convened its 52nd Annual Delegates Meeting at the Nairobi Serena Hotel, reaffirming its position as one of Kenya’s most stable and well-managed savings and credit cooperative societies.

Established in 1972, the Sacco has grown into a trusted financial partner for police officers across the country, championing financial discipline, inclusion, and long-term economic empowerment.

The event was presided over by the Cabinet Secretary for Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development, Wycliffe Oparanya, who was represented by the Principal Secretary for the State Department for Cooperatives, Patrick Kilemi.

In his address, the CS lauded the Sacco for over five decades of cooperative excellence, describing its journey as one defined by discipline, solidarity, resilience, trust, service, and financial prudence. He underscored the pivotal role of Saccos and MSMEs in driving financial inclusion and national economic growth.

The government, he said, remains committed to strengthening the cooperative movement through reforms to the Sacco Act, enhanced supervision by the Sacco Societies Regulatory Authority (SASRA), governance frameworks aligned with Mwongozo principles, and a gradual transition toward internationally recognized credit union standards. He further emphasized the need for compliance, accountability, and integrity to sustain public confidence, highlighting plans for deposit guarantee insurance and strengthened ICT systems to enhance security and competitiveness.

Representing the Inspector General of the National Police Service, Muchiri Nyaga, Director of Corporate Communications, conveyed congratulations from Inspector General Douglas Kanja. He commended the Sacco’s leadership and membership for their steadfast commitment to growth and prudent management, noting its recognition as the second best-managed Sacco and its steady rise in revenue.

Mr. Nyaga observed that while police officers face daily physical risks in the line of duty, they also encounter significant financial pressures. He praised the Sacco for serving as a pillar of financial stability and discipline for officers and their families.

National Chairman David Mategwa highlighted the Sacco’s strong financial performance over the past year. He announced an 11.1 percent growth in total assets, an 8 percent increase in non-withdrawable deposits, a 10.1 percent rise in loan advances, and an 8 percent growth in revenue. Core capital increased by 12.3 percent, reflecting prudent management and sustained member confidence.

The meeting culminated in the launch of the Sacco’s history profile booklet, Ties That Build a Legacy, documenting its enduring journey and impact since inception.

The National Police Service expressed appreciation to the Sacco’s leadership and members for their sound governance, strong financial performance, and unwavering commitment to advancing the economic empowerment of police officers nationwide.