Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Renson Ireri Kenya prides in continuous growth of co-operative societies over the years with the Co-operative movement now rated position one in Africa and seventh in the world, comprising over 15,000 registered co-operative societies according to the International Co-operative Alliance (ICA). The movement also controls our economy in a big way, accounting for around…
Savings and Credit Co-operative Societies (Sacco’s) have continued to play a significant role in promoting economic interest of their members. In Kenya, their role in uplifting lives in the community through financial inclusion cannot be overlooked. Saccos have helped members to mobilise savings and borrow in turn for investments in enterprises and personal development, thus…
By Mary Ndung’u The Kenyan housing sector is extremely ripe for profitable involvement and participation by the various players in the property value chain. From the soon to be launched Kenya mortgage refinance company (a concept developed and currently in the process of implementation by the National treasury), to the government’s big four agenda that…
By Mary Ndung’u According to data from Sacco Societies Regulatory Authority (SASRA) supervision report for the year 2016, the five largest Deposit taking Saccos based on turnover had a combined total of 39 branches. The Sacco with the highest number of branches in this category had 15. On the other hand, the 5 smallest deposit…
For many countries in Africa, the youth constitute over half of the population leading to debates about whether these group can be a driving force for change and improvement, or whether they represent a challenge to development as many youth experience high rates of poverty and unemployment. The youth in Kenya have feasible business ideas…
