Technology – Page 5 – Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Cooperatives asked to adopt technology, strategic innovations for excellence

Sacco ReviewFebruary 28, 2024February 28, 202405 mins

Savings and Credit Co-operatives Societies (Saccos) have been called upon by the Government to embrace innovation and devise strategies that will propel cooperatives towards continued excellence. Speaking during the Kenya National Police DT SACCO 51st Annual Delegates Meeting held in Serena hotel in Nairobi this February, Simon Chelugui Cabinet Secretary for Cooperatives, Micro, Small and…

Embrace technology to increase visibility, Chelugui advises Saccos

Sacco ReviewFebruary 27, 2024February 28, 202405 mins

Savings and Credit Cooperative Societies (Saccos) across the country have been challenged to embrace innovation and technology. The Cabinet Secretary for Cooperatives and Macro Small and Medium Development Simon Chelugui noted that doing so will help Saccos to increase their accessibility and visibility. He was addressing the 9th Annual Sacco Leaders Convention Meeting in Mombasa…

Business elite in Kisumu to install 2,500 CCTV cameras around city

Sacco ReviewFebruary 23, 202404 mins

The business elite in Kisumu are planning to install over 2,500 CCTV cameras around the city to enhance security, especially around bus stops and all residential estates. The city management heavily relies on CCTVs installed on private buildings belonging or leased by the business community, the city manager Abala Wanga saying they had received feedback…

Govt asked to urgently initiate data privacy policies to protect Kenyans’ rights

Sacco ReviewJanuary 27, 2024January 27, 202404 mins

Cabinet Secretary (CS) for Information, Communications and the Digital Economy, Eliud Owalo, has said there is an urgent need for the country to foster a culture of data privacy as we navigate the intricate web of data-driven advancement. Owalo said that prioritizing data privacy allows organizations to secure the confidentiality, integrity and availability of personal…

How Fintech is revolutionizing the Sacco movement in Kenya

Sacco ReviewDecember 14, 2023December 14, 202305 mins

According to a report submitted by Accenture to the Financial Sector Deepening (FSD) Kenya, Saccos are one of the leading sources of finance, and in many rural areas, local Saccos are the only provider of financial services. Fintechs are becoming invaluable partners for Saccos in Kenya who provide innovative digital solutions to streamline their operations…

Kwara set to launch global app to ease Sacco transactions

Sacco ReviewNovember 29, 2023November 29, 202304 mins

Kwara is set to launch its own mobile application, the Kwara Connect App, which will enable Sacco members to manage their accounts, make digital repayments and deposits, check balances and statements, apply for mobile loans and request guarantors online. “We’ve had an amazing adventure together, completely transforming the way you interact with Savings and Credit…

Saccos urged to fully digitize their services, embrace digital economy

Sacco ReviewNovember 8, 2023November 8, 202303 mins

The world of finance is evolving at an unprecedented pace, with customers demanding efficiency, convenience and faster financial services. This is a wake-up call to SACCOs to digitize their services to allow customers to access their accounts and perform a wide range of transactions so as to avoid losing market share to tech-savvy competitors. “Digital…

ICT players urged to adopt technology to ensure audit compliance

Sacco ReviewNovember 4, 2023November 4, 202304 mins

Players in the Information, Communication and Technology (ICT) industry have been encouraged to adopt Artificial Intelligence (AI) technology while conducting audit exercises and ensuring conformity to governance compliance in the process. Speaking during the Governance, Risk and Compliance (GRC) conference hosted by ISACA Kenya Chapter and held at Sarova Imperial Hotel in Kisumu, Deputy Auditor…

Adopt AI technology to ensure compliance in auditing, ICT players urged

Sacco ReviewOctober 30, 2023October 30, 202304 mins

Players in the Information, Communication and Technology (ICT) industry have been encouraged to adopt Artificial Intelligence (AI) technology while conducting audit exercises and ensuring conformity to governance compliance in the process. Speaking during the Governance, Risk and Compliance (GRC) conference hosted by ISACA Kenya Chapter and held at Sarova Imperial Hotel in Kisumu, Deputy Auditor…

Kisumu signs MoU for creation of Economic Forum for African Regions

Sacco ReviewOctober 23, 2023October 23, 202303 mins

The County Government of Kisumu and other regional governments from thirteen countries have signed a Memorandum of Understanding for the creation of an Economic Forum for African Regions. The forum, championed by the Regional Council of Rabat Sale Kenitra, is formed as a framework for partnership and exchange of experiences capable of promoting development. The…