Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Sheria Sacco Society Ltd has introduced a new loan product christened ‘Dividend Advance Loan’. “We are thrilled to inform you about the introduction of our new financial product called the ‘Dividend Advance Loan’. This initiative is a testament to our dedication to offering convenient and easily accessible financial solutions,” read a memo signed by Director…
The Co-operative University of Kenya (CUK) has announced that its 8th Graduation Ceremony will be held on December 1, 2023, at the main campus in Karen, Nairobi. According to the Registrar of Academic Affairs, David Boge Otiende, the graduands will be students who have fulfilled the requirements for the conferment of degrees and award of…
Anxiety is brewing among staff at the Standard Media Group as word spreads that Network Sacco, which directly deducts monthly contributions from their salary, is facing severe financial difficulties. The Sacco membership, which is drawn from the editorial, management and other departments, has experienced salary delays attributed to cash flow issues occasioned by a reduction…
The Cooperative University of Kenya (CUK) has announced a virtual postgraduate symposium organized by the School of Computing and Mathematics that will be held on Friday, November 10. The inaugural postgraduate symposium targets all postgraduate students at the university, those from other universities and any other interested participants. The varsity Director of Academic Quality Assurance…
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…
The co-operative movement in Kenya is playing a vital role in the realization of the government’s Bottom-Up Economic Transformation Agenda. This is according to Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development Cabinet Secretary (CS) Simon Chelugui, who praised the sector’s role in economic growth, alleviating poverty and advocating for social inclusion. Speaking in…
The concept of Savings and Credit Cooperative Societies (SACCOs), which have today become an essential part of Kenya’s financial landscape in promoting financial inclusion and empowering communities by providing access to affordable financial services, has a rich history traced to the colonial era. SACCOs started with the formation of agricultural cooperatives aimed at providing financial…
5,000 Machakos County Government employees are set to benefit from a comprehensive medical insurance cover from Jubilee Insurance Ltd following the inking of a deal between the county government and the insurance firm. The deal, which is nearing conclusion, will ensure all employees across different job groups benefit from the coverage which is fully paid…
Professional women from Nyanza region have vowed to empower and build the capacities of their colleagues in the region. Under the aegis of the Professional Association of Nyanza (PANY) Women, the group said that it will tap into its vast skills, experiences and extensive networks to effect the same. In a communique released in Kisumu…
The management of Kiamokama Tea Factory in Kisii County has embarked on an ambitious programme to recover millions of kilogrammes of green tea leaves which they have been losing through invasion and poaching by a number of neighbouring companies targeting their farmers. According to the factory’s Board Chairman Richard Obino, the encroachment by their competitors…
