For close to a year, Sacco Societies Regulatory Authority (SASRA) board has been taking shape, starting with the appointment of Jack Ranguma, the former governor of Kisumu County.

SASRA board has its hands full as real work begins

For close to a year, Sacco Societies Regulatory Authority (SASRA) board has been taking shape, starting with the appointment of Jack Ranguma, the former governor of Kisumu County, as the chairperson on February 6, 2023. There have been other new faces too. For instance, Freda Moraa, a former legal advisor in the Office of the…

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Jubilee Insurance winners celebrate together with colleagues during annual fete.

Jubilee Insurance scoops three awards in annual fete

Last year’s best performing insurance companies were awarded in different categories during the Association of Insurance Kenya (AKI) Agents of Year Awards ceremony held recently. Jubilee Insurance was feted in three categories. It scooped the company of year award as well as most improved company of the year and highest growth in number of policies….

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Mombasa Governor Abdullswamad Sherrif Nassir,presents award toBandari sacco officials.

Bandari DT Sacco Scoops Two Prestigious Awards

Bandari DT Sacco has emerged as the recipient of two prestigious accolades at the recently concluded Mombasa Business Awards held last weekend. The Sacco was honoured with the esteemed title of “Best Sacco of the Year” and has also been recognized as “The Most Preferred Micro Finance Institution.” The fast-growing Sacco has an asset base…

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Boresha DT SACCO CEO Jacob Mengich has been awarded a HSC for outstanding dedication in the Cooperative sector.

Boresha Sacco CEO honoured with HSC Award

Boresha DT Sacco CEO Jacob Mengich has been honoured with the Head of State Commendation (HSC) Civilian Division by President William Ruto during the 2023 Jamhuri Day celebrations at Uhuru Gardens, Nairobi. Mengich, who was among 173 others, was appreciated for exceptional services in the Sacco industry and the role he has played in transforming…

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SACCO

How Saccos performed in this year’s Ushirika Day Awards

The International Day of Cooperatives Day is always a special occasion to celebrate the remarkable impact of cooperative enterprise and pay tribute to those that have changed countless lives and created shared prosperity in communities. And with Kenya boasting the largest movement in Africa, the eventful day, which Savings and Credit Co-operative Societies (Saccos) look…

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Sacco

How Ksh6M Sacco loan transformed retired KNUT Official’s Life

A loan of Ksh6 million from Imarika Sacco Limited turned around the life of a retired Kenya National Union of Teachers (KNUT) official Mwalimu Rasi, who is now living off the benefits accrued from the investments he made. Several consistent loans and repayments built his creditworthiness to a point he could borrow a huge sum,…

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Cooperatives CECM lauds movement for positively transforming lives

Elgeyo Marakwet County Executive Committee Member (CECM) for Cooperatives, Trade, Industrialization, Tourism and Wildlife Robert Kangogo has hailed cooperative societies for their pivotal role in transforming lives in communities. Speaking during the regional Ushirika Day celebrations at Iten grounds, the CECM said the sector was in tandem with the national government’s bottom up economic transformation…

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Train Sacco leaders to avoid management wrangles, Coop chief advises

Bungoma County Chief Officer for Cooperatives Development Beatrice Nakhumicha has urged the county government to sensitize cooperative society leaders on leadership and management. Speaking during the International Cooperative Day celebrations held at Mt Elgon Coffee Mills, Nakhumicha attributed the collapse of cooperative societies in the region to management wrangles and argued that training the leaders…

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Best performing Saccos awarded during Ushirika Day

The 101st Ushirika Day celebrations held at KICC saw different Saccos bag awards for excellent performance in various categories. Mentor Sacco emerged the winner in Best Sacco in Risk Management category where Mwalimu National Sacco and Yetu Sacco took position two and three respectively. In Best Managed Sacco across the country, Kenya National Police DT…

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County trains Coop leaders to revolutionize sector’s landscape

Uasin Gishu County’s Department of Trade, Industrialization, Tourism, Cooperatives and Enterprise Development has trained cooperatives and Saccos across the county to revolutionize the cooperative landscape. The training exercise encompassed a wide range of vital topics focusing on areas such as share mobilization, book-keeping and auditing, management strategies, and embracing new technological trends. The department’s County…

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