Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Every new year every sober citizen will get time to plan their year, in form of new year resolution. He/she will need to analyse their past year and answer very contentious questions to help them come up and classify their new year’s needs. Every serious co-operator will be wondering if they need to maintain their…
Mr Edward Kinyungu, the Hon Secretary of Kenya Society of Professional Cooperators ( KSPC), has prosecuted a very strong case that seeks to have saccos’ non-core activities exempted from TAXATION, arguing that it amounts to “double taxation ” and stifles the growth of the sector that is pivotal in savings mobilisation among citizens . This…
Boda bodas create chaos. They bring disorder in urban centres as they expose villages to crime. If the roads network was perfect, boda bodas will only be used for sporting but because there is a big gap in our transportation, boda bodas come in to fill the gap. Ours is such a bad road infrastructure…
A Professional Perspective from the Cooperative Movement Savings and Credit Cooperative Societies (SACCOs) have long been recognised as vital pillars in Kenya’s financial ecosystem. This is true to date. Under the Bottom-Up Economic Transformation Agenda (BETA), SACCOs are not merely financial intermediaries but grassroots economic engines that mobilise savings, deepen financial inclusion, and empower millions…
For many Kenyans, especially in rural and peri-urban areas, cooperative societies are more than just financial institutions, they are lifelines. They represent hope, collective strength, and a pathway to economic empowerment. Yet, when liquidation strikes, it often leaves behind a trail of broken dreams, financial loss, and shattered trust. Liquidation, the formal process of closing…
For many Kenyans, especially in rural and peri-urban areas, cooperative societies are more than just financial institutions—they are lifelines. They represent hope, collective strength, and a pathway to economic empowerment. Yet, when liquidation strikes, it often leaves behind a trail of broken dreams, financial loss, and shattered trust. Liquidation, the formal process of closing an…
Savings and Credit Cooperative Societies (SACCOs) have long been recognized as vital pillars in Kenya’s financial ecosystem. This is true to-date. Under the Bottom-Up Economic Transformation Agenda (BETA), SACCOs are not merely financial intermediaries but grassroots economic engines that mobilize savings, deepen financial inclusion, and empower millions of citizens economically. They are agencies of change….
The first thirty days in any new role are often misunderstood. Many leaders assume this period is too early to judge an employee’s value, preferring to wait for measurable results over several months. Yet, the truth is far more compelling: the first month does not reveal performance, but it reveals something far more powerful—potential. And…
In the world of loans and mortgages, borrowers often place valuable assets such as land, houses, or vehicles as security when seeking credit. While this arrangement helps individuals access much-needed funds, it also exposes them to the risk of losing their property if they fail to repay the loan. To prevent lenders from unfairly taking…
Losing money by dropping it carelessly while taking a leisurely walk is a painful thing. But losing money that you have been agonizingly saving in a Savings and Credit Cooperative Societies (Saccos) for years is a life-changing event that can sink you into penury for the rest of your life. That is why protecting Sacco…
