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Safaricom Investment Co-op joins NSE’s Ibuka Program

By Jackson Okoth Safaricom Investment Co-operative has joined Ibuka, Nairobi Securities Exchange’s (NSE) premium incubation and acceleration programme for high growth companies in Kenya. The co-operative is joining the Accelerator…

Land buying firms ordered to surrender vital documents

By James Wakahiu  Land buying firms in Ruiru and Juja sub-counties have been directed by the Ministry of Land and Physical Planning to surrender their members register, mother title, maps…

Kenyan receives Distinguished Service Award

By Rosemil Oduor A member of the Kenyan Union of Savings and Credit Cooperatives (KUSCCO) Sylvester Kadzola received a Distinguished Service Award (DSA) for his exemplary service to the international…

Spending cuts lift Harambee Sacco out of losses

Sacco paid dividends at 4% this year while interest on deposits at 5.5% this year. By Jackson Okoth A change in its executive suite, which saw the recruitment of a…

Sh9.9bn loan defaults strain Saccos

By Munene Maina Delay in remittance of loan repayment deductions by the National and County governments is causing headache for Sacco bosses. This has seen the growth rate of non-performing…

Watchdog to set service delivery standards in Co-op Sector

By Munene Maina A new body to set standards of training and hiring of co-operative employees has been launched. Staff members in all co-operative societies will now undergo thorough vetting…

Ubunifu Sacco fosters youth financial inclusion

By Erick Maranga Ubunifu Sacco continues to assist youth to enhance savings and financial inclusion.The youthful Sacco Chairman Frank Odindo said young people are the future of the country making…

New SASRA ranking places CoreTEC as the leader in digital technology for Saccos

By Our Reporter CoreTEC Systems & Solutions is the leading Mobile (Digital) Financial Service Application provider company in country’s Sacco sector. In a recent survey conducted by Sacco Societies Regulatory…

Surestep leads the way in connecting Saccos to Digital Application Systems

By Our Reporter Surestep Sytems and Solutions Ltd has been rated highly among the leading ICT service providers in the Sacco sector. In a new Sacco Societies Regulatory Authority (SASRA)…

Co-operatives can make State’s Big Four Agenda a reality

Co-operatives societies are highly relevant and important in the realisation of President Uhuru Kenyatta’s Big Four development agenda. Affordable housing is one item on the agenda that Uhuru has focused…