Sacco Review

Kisumu leaders suggest formation of Cooperative training college

By Erick Nyayiera Calls for the establishment of a Cooperative training institute dominated the Kisumu County Ushirika Day celebrations as various rural Saccos underscored its importance in helping improve the performance of the sector. Kisumu County Ushirika chairman Edward Matoke, while addressing the celebrations, noted that the institute will be pivotal in training of Sacco…

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Saccos total asset base exceeds Ksh 800 billion mark

By Kevin Odera/ Roy Hezron Kenya’s savings and credit co-operative (Sacco) sub-sector has recorded a growth in its asset base to reach Ksh 807.11 billion in 2021, the recently released the Sacco Society Regulatory Authority (SASRA) report has shown. According to the country’s Sacco regulator, the sub-sector total asset base increased from Kshs 734.22 billion…

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Mombasa Port Sacco wins trophy of best managed Sacco in Mombasa County

By George Otieno Numerous Saccos participated in the 100th International Day of Cooperatives celebrations in Mombasa County, taking home various recognitions in their fields of operation. Saccos were grouped into their relevant tiers according to wealth levels, and ranked as per credit management, innovativeness and return on assets. Presided over by Mombasa Cooperative Director Mr….

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How Embu Cooperative Societies were rated at movement’s 100th birthday

By Musyoka Kaleti The 100th International Day of Cooperatives was celebrated by Embu Saccos at Kangaru Girls Secondary School, with different Saccos being feted for their contribution for the growth of the movement. Among the leaders who attended was Embu Deputy Governor David Kariuki, who is the immediate former Chief Executive Officer for Winas Sacco….

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Concerns raised over number of dormant TaitaTaveta Saccos

By Pascal Mwandambo Concerns have been raised over the large number of dormant Cooperative societies in Taita-Taveta County. Addressing members during the County Cooperative leaders’ meeting at Dan Mwazo Hall in Voi town, acting county Cooperative Commissioner Erastus Gonzi said out of the 210 Co-op societies, only 98 were active. “Stakeholders in the cooperative sector…

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