Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The recent fury over fuel prices was never only about oil. It was a seismic outburst from years of structural strain. Yes, geopolitics lit the match. War in the Middle East and threats to the Strait of Hormuz choked energy and trade, and for a net importer like Kenya the timing was brutal. But external…
For millions of Kenyans, a Sacco is far more than just a place to save money. It is a trusted financial partner that has helped families educate their children, build homes, launch businesses, and weather severe economic hardships. Unlike conventional financial institutions driven solely by corporate profit, Saccos are owned by the very people they…
Xavier Lugaga urges Parliament to ensure the Sacco Societies (Amendment) Bill, 2025 strengthens governance without undermining member ownership and democratic control of SACCOs. A movement built by its members When Kenya’s economic history is written, the cooperative movement will earn a special chapter. Few institutions have empowered ordinary wananchi like Savings and Credit Cooperative Societies…
In many societies, success is often measured by what one acquires during one’s lifetime. However, true financial success goes beyond personal comfort and extends to creating opportunities for future generations. This is the essence of generational wealth. Generational wealth refers to assets, resources, and financial advantages that are passed down from one generation to another….
Some opportunities come only once in a generation. When they appear, nations must be prepared to seize them. The 2026 G7 Summit in Biarritz, France, presents such a moment for Kenya. The invitation extended to President William Ruto places Kenya among a select group of countries engaging directly with the world’s most influential political, economic,…
Among the Cooperatives principles, Principle no. 2 gives all members an equal right to participate in all activities of the cooperative societies which includes the decision making, electing leaders and being elected as leaders in a coop society. This means if you fully qualify to be a member of cooperative society, then you are eligible…
Data mining is extracting meaningful, significant, implicit, largely undiscovered, potentially beneficial patterns or knowledge from massive amounts of data. It is the series of steps to discover new, hidden, or unexpected ways in data Data mining is not just about understanding the past but also about preparing for the future. It helps businesses understand demand…
If you want to understand the financial life of a Kenyan teacher, think of a candle: always burning at both ends. Teachers are not just the guardians of the classroom; they are breadwinners, community leaders, and the ‘bankers of last resort’ in extended families. Yet, ironically, they are also some of the most financially strained…
There is no secret that Savings and Credit Co-operative Societies (Saccos) across the world have been developed to meet the fundamental human need of finding a way of saving and borrowing methods to promote the economic interest of their members. They achieve this co-operative principle through the co-operative business model savings culture among members. The…
In a rapidly evolving digital business landscape, the financial sector the world over, including Savings and Credit Co-operative (SACCOs), faces unprecedented challenges and opportunities in equal measure. And with this digital transformation regime comes an increased risk of cyber threats and attacks. Indeed, cyber security is not merely an option for any cooperative formation, but…
