Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The Co-operative University of Kenya (CUK) has announced that its 8th Graduation Ceremony will be held on December 1, 2023, at the main campus in Karen, Nairobi. According to the Registrar of Academic Affairs, David Boge Otiende, the graduands will be students who have fulfilled the requirements for the conferment of degrees and award of…
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A team of top CEOs of Savings and Credit Co-operative Associations (SACCAs) drawn from across USA, Europe and Canada, who are in the country for the Inaugural ACCOSCA International CEOs’ Summit which ends on November 11, have called on Kenyan Saccos to strive to meet the needs of their members as a pivotal strategy towards…
Anxiety is brewing among staff at the Standard Media Group as word spreads that Network Sacco, which directly deducts monthly contributions from their salary, is facing severe financial difficulties. The Sacco membership, which is drawn from the editorial, management and other departments, has experienced salary delays attributed to cash flow issues occasioned by a reduction…
Uasin Gishu Governor Jonathan Bii has said that his administration will continue providing financial support to cooperatives in the region. He said that cooperatives are one of the sectors with great potential to employ a large number of jobless youth. While speaking during a forum that brought together women in Cooperatives and MSMEs in Eldoret,…
The co-operative movement in Kenya is playing a vital role in the realization of the government’s Bottom-Up Economic Transformation Agenda. This is according to Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development Cabinet Secretary (CS) Simon Chelugui, who praised the sector’s role in economic growth, alleviating poverty and advocating for social inclusion. Speaking in…
The concept of Savings and Credit Cooperative Societies (SACCOs), which have today become an essential part of Kenya’s financial landscape in promoting financial inclusion and empowering communities by providing access to affordable financial services, has a rich history traced to the colonial era. SACCOs started with the formation of agricultural cooperatives aimed at providing financial…
Afya Sacco has pledged to launch improved ICT systems to enhance service delivery to its members by the end of the year. Speaking during the Sacco’s Member Education Week in Western region, National Chairperson M/s Beatrice Mogire revealed that the Board of Directors has procured the services of an international top-notch vendor to oversee the…
The ICT and Digital Economy Cabinet Secretary (CS) Eliud Owalo has lauded Nomiya Church for launching its own Sacco, saying that it will help its members to invest. Speaking during the Nomiya Church Youth Convention in Kisumu, Owalo praised the Church for already raising Ksh350,000 and promised to contribute Ksh 1 million to boost them….
Qwetu Sacco has launched Bakisha Savings Account, a product aimed at increasing savings by encouraging members from across all sectors to embrace a saving culture. The Account enables members and non-members to open an account where they can save from as low as Ksh5. Speaking on Saturday during the 2023 Special Delegates Meeting (SDM) at…
