Sacco Review

  • Home
  • Co-op Bank gives Metrotrans Sacco 45 new buses

Co-op Bank gives Metrotrans Sacco 45 new buses

Press Release  On 4th November 2020, Metrotrans Sacco, one of the leading PSV transport Saccos operating in Nairobi received 45 new buses at Isuzu East Africa with financing from Co-op…

Curtain falls on Tower Sacco Vice-Chair

By Roy Hezron Tower Sacco Board’s Vice-Chair Mr. Benson Chege Ruhang’a has passed on. It is reported that Mr. Chege passed on while undergoing treatment at Nakuru War Memorial Hospital.…

Hazina Sacco Vice Chair named new KNBS Director General

By Staff Reporter Hazina Sacco Board’s Vice Chair Macdonald George Obudho has been appointed new Director General Kenya National Bureau of Statistics (KNBS). Macdonald George Obudho who takes over from…

Cooperative Tribunal suspends operations for 7 days

By Staff Reporter Operations at the Cooperative Tribunal Registry in Nairobi have been suspended for seven days after one of the staff tested positive for the Covid-19. In a memo…

Saccos open dividend advances window as Covid-19 bites

By Sammy Chivanga Savings and Credit Cooperative Societies (Saccos) have started issuing dividend advances to their members amid Covid-19 disruption that has resulted in a cash crunch for families and…

World Co-operatives Congress Day postponed

By Roy Hezron The 33rd World Cooperative Congress Day celebrations, which were to be held next month in South Korea, have been postponed due to the Covid-19 pandemic. The congress,…

Sacco leaders react to regulator’s call for mergers

By Simon Njane Savings and Credit Cooperative Societies (Saccos) leaders are expressing mixed reactions to the regulator’s call for mergers as deposits get skewed towards large entities. While leaders of…

Jamii Sacco unveils strong measures to boost business

The Sacco has restructured its operations, developing new products and bettered its digital platforms. By Ken Ondieki Jamii Sacco has remained resilient in the face of Covid-19 pandemic that has…

Saccos report high liquidity even as Covid-19 strikes

By Sammy Chivanga When Covid-19 struck, it was expected that many Savings and Credit Cooperative Societies (Saccos) would face their biggest liquidity test. And as an increased number of Sacco…

Co-op bank named best bank in Kenya at EMEA finance awards

Press Release 19th October 2020 The Co-operative Bank has been named Best Bank in Kenya at this year’s African Banking Awards 2020 organised by EMEA Finance. This is the third…