Attend SACCA Congress to enhance knowledge on cooperative policies, leaders urged

Cooperatives and Micro, Small and Medium Enterprises Development Cabinet Secretary  Simon Chelugui has urged SACCO leaders to attend the Annual Savings and Credit Cooperative Association Congress so as to exchange knowledge on cooperative policies and practices. Speaking during SACCO leaders’ consultative breakfast meeting on preparedness status for the 23rd SACCA congress organized by African Confederation…

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Twelve suspects deny Ksh166M Njiwa Sacco fraud case

Twelve suspects linked to the mysterious disappearance of Ksh166 million belonging to the Njiwa Sacco have been charged before the Kahawa Law Courts. Appearing before Senior Principal Magistrate Boaz Maura Obwewa, the suspects pleaded to 223 charges filed against them by the office of the Director of Public Prosecutions. Through their lawyers led by Danstan…

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3 data controllers fined for non-compliance with Data Protection Act

The Office of the Data Protection Commissioner has issued three penalty notices to three data controllers for failing to observe data privacy rights to data subjects and , not complying with the Data Protection Act. This has been revealed through a press released today, September 26, 2023, by the office of the data protection commissioner….

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County trains women on cooperative management for economic stability

Women in Illoodokilani ward in Kajiado West have received training on cooperative management organized by Kajiado County Department of Cooperatives. Gender, Culture and Cooperative CECM Janet Sereu said the training aims to empower women to achieve economic stability through entrepreneurship, employment and increased income through agriculture, trade and finance activities. She noted that efforts by…

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Fortune Sacco opens branch in Ongata Rongai 

Fortune Sacco has opened a new branch in Ongata Rongai, Kajiado County as part of its expansion plan. Kajiado County Deputy Governor Martin Moshisho  commended the Sacco for focusing on improving the livelihood of Kenyans and assured them of the support from the county government. Sacco Chairman Mr Rufus Kamau noted that the opening of the…

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SACCO SASRA

Latest SASRA report shows fall in financial investments for regulated Saccos

Latest Sacco Societies Regulatory Authority (SASRA) reports indicate a drop in financial investments in Saccos for the period 2021/2022, against the total assets of the segment. The total amount of financial investments of regulated Saccos decreased from Ksh50.30 billion in 2021, which represented 6.23 per cent of the total assets, to Ksh49.95 billion in 2022,…

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Universal Traders Sacco honours pledge as trader steers off in Probox grand prize

Universal Traders Sacco has awarded Agnes Kalondu Nzuki a Toyota Probox, the car she won from a Ksh2000 stake she deposited to enter the grand draw at Kenyatta Stadium in Machakos County. The elated lady from Mutituni/ Ngelani Ward in Machakos County could not believe her luck. She was among the numerous winners who walked…

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SACCO

Intensify financial literacy campaigns to cultivate saving culture, Saccos urged

Kisii County Deputy Governor Dr. Robert Monda has stressed on the importance of financial literacy campaigns and member education drives among Saccos to cultivate a saving culture among residents. Speaking during the launch of Stima Sacco new branch at Waumini Plaza where he represented Governor Simba Arati, Dr Monda noted that cooperatives play a pivotal…

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Urithi Housing Coop issues 86 title deeds in flagship Panorama project

Urithi Housing Cooperative Society Limited has issued 86 title deeds to members of its flagship Panorama Gardens gated community project located in Thika. The society’s chairman Samuel Maina said the move is part of the cooperative’s efforts to revive its stalled projects. He revealed that the 86 title deeds are part of the 200 deeds…

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