Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Times U DT Sacco has relocated its Makutano branch from its former premises at 3 Steers Hotel to a new location at Makutano Main Stage, opposite Life Care Hospital, with services beginning at the new site from August 17, 2026. The Sacco said the move is aimed at giving members a more accessible space while…
Saccos are turning to young people to address an ageing membership base, with youth demanding faster, mobile driven financial services. Officials are urging Saccos to offer youth friendly products, digital services, financial education and clear pathways into leadership. Experts say mentorship, transparency and support for youth enterprises are key to making young people feel included…
Sacco dividends fell or were scrapped in 2026 as Saccos retained more earnings to strengthen capital and liquidity. SASRA rules, KUSCCO losses and provisions for non performing loans reduced funds available for dividend payouts. Despite lower dividends, the sector grew strongly, with total Sacco assets rising 12.4 per cent to Ksh1.21 trillion. Kenyan Sacco members…
Mary Awino appointed acting CEO of IG Sacco from August 2026. She previously served as Finance Manager, improving revenue, costs, liquidity and compliance Invest and Grow (IG) Sacco has appointed Mary Awino as acting Chief Executive Officer (CEO) with effect from August 2026, after Dr CPA Peter A. Vuhya proceeded on terminal leave pending his…
Tower Sacco has launched Tower SACCO App for iOS users, which is now available for download on the App Store, giving members convenient access to their accounts wherever they are. The Tower App allows users to check their FOSA balance for free, with the figure displayed instantly at the top of the app. Members can…
ACK Imani Talent NWDT Sacco is hiring a business development manager to grow its loan and deposit portfolios. Applicants need at least five years’ experience in banking, microfinance or a regulated Sacco, plus a relevant degree. Applications close on September 5, 2026, with the position based in the Sacco’s Nakuru area operations. ACK Imani Talent…
Kenya Highlands DT Sacco has opened a new headquarters in Kericho. The facility aims to improve member services and create commercial opportunities. The Sacco says the new building supports its growth and expansion strategy. Kenya Highlands DT Sacco has opened a new headquarters building in Kericho, a milestone the Sacco says reflects its growth, innovation…
Sacco members have raised concerns that the proposed delegate system could weaken their direct voting rights. Nation DT Sacco will vote on the system at a Special General Meeting on August 15 in Nairobi. The system requires Saccos with more than 5,000 members to use 150 to 500 elected delegates at general meetings. Sacco members…
Kenya National Police DT Sacco has expanded its corporate social investment projects across education, healthcare, sports and disability support. The Sacco has sponsored school programmes, healthcare facilities, sports infrastructure and assistive technology for members living with disabilities. It has also reviewed loan terms and earned recognition for governance and performance during county Ushirika Day celebrations….
Unison Sacco Society Ltd hosted a Business Community Dinner Forum in Nakuru, bringing together entrepreneurs, business leaders, and key stakeholders to discuss opportunities for small and medium enterprises (SMEs) and business growth. The forum focused on the financial needs of businesses, entrepreneurship development, networking, and strengthening partnerships that can support sustainable enterprise growth in Nakuru…
