Month: August 2020

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Lack of professional standards hurting co-op sector

KSPC has no legal mandate to set guidelines in hiring of Sacco staff By Our Reporter The Savings and Credit Co-operative Society (SACCO) industry has yet to develop a framework…

Use mobile banking to avoid Corona: Gusii Mwalimu boss

By Elizabeth Angira  Teachers have been urged to do mobile banking to avoid Coronavirus pandemic. This after the  teachers  have been camping at Gusii  Mwalimu  Sacco  Branch waiting  for their  dividends on long cues.  Speaking in his office,…

Saccos in rush for pensioners’ cash

By Jackson Okoth A growing number of Savings and Credit Co-operative Societies (Saccos) are facing a dilemma.  Most are at a loss over how to retain an ageing membership that…

Why Kenya’s Co-operative Movement is on upward trajectory

By Geoffrey Njang’ombe The Co-operative Movement in Kenya has mobilized savings to the tune of Sh776 billion and commands an asset base of Sh1 Trillion. It has granted members loans…

Acumen rebrands to keep up with business market trends

By Obegi Malack Acumen Equities Limited launched its new logo to keep up with current business and market trends which will lead to achievement of vision of the company The…

Young CEO steers growth at Muki Sacco

By Munene MainaMuki Savings and Credit Cooperative Society, a fast growing rural based Sacco in Kinangop, Nyandarua County is a story that began with the sowing of small but well-selected seed that…

Peter Kariuki: how I have steered Sheria Sacco to the top

Recently, our Senior Reporter Ken Ondieki interviewed Peter Kariuki, the Chief Executive Officer Sheria Sacco, one the of leading  tier 1 Deposit-Taking Saccos in the country.  The Sacco is placed…

Bodaboda Sacco that has Deputy President’s attention

By Obegi Malack  Motorcycles are increasingly becoming a popular means of transport for many rural and urban dwellers.  However, a National Crime Research Centre (NCRC) report has found that motorbike…

Prime Time Sacco out to improve youth, women livelihood as Covid-19 battles economy

By Dennis Bett Boda Boda operators in Elgeyo Marakwet have received reflectors and face masks from Prime Time Sacco as part of its corporate social responsibility. 13 Boda Boda youth…

Covid-19: WOCCU appoints new committee to identify, share best practices with co-ops

By Staff Reporter African Confederation of Savings and Credit Cooperatives Chief Executive Officer George Ombado has been named a member of the World Council of Credit Unions newly established Committee.  The Covid-19…