Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Kiptanui Rutto Mhasibu Sacco Chairperson Andrew Bulemi and Treasurer Charles Miricho have once again won the hearts of their members for being re-elected to office in a much hyped elections that attracted 10 contenders. Speaking during the event, a long serving financial coach Patrick Wameyo who was the guest speaker lauded the Sacco board…
By Tsozungu Kombe Sacco model through members’ savings should be used to source funds to incubate and grow agro-enterprises and boost value addition, Kenya Union of Savings and Credit Co-operatives Managing Director, Mr George Ototo, has said Speaking during the 3rd Annual Sacco Leaders Convention held at Sarova Whitesands Beach Hotel in Mombasa county recently,…
By Munene Maina Saccos are increasingly becoming easy targets for cybercrime, a situation that threatens reputational risk of the sector. The Permanent Secretary in the State Department of Co-operative, Ali Noor said cyber-attack was not new in the co-operative sector This followed revelation by Kenya Union of Savings and Credit Co-operatives Managing Director George Ototo…
By Staff Reporter Kenya Police Sacco Society’s financial performance continued to grow on a positive trajectory. According to the Sacco’s Financial Statement for the year ended December 31st 2017, overall asset base grew by 21 per cent, rising to Sh24.2 billion compared to Sh20 billion that was recorded in 2016. Member deposits grew to about…
By Staff Reporter Savings and Credit Cooperatives Societies (Saccos) have been advised to organize themselves to benefit from the government’s blue print projects. Co-operative Commissioner Mary Mungai identified the Government’s plan to construct one million housing units as one where the players can actively participate. Investing in affordable housing units is part of the government’s…
