Afya Sacco - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

SASRA releases list of top Saccos, Mwalimu Sacco maintains top position in Kenya, Africa

Sacco ReviewSeptember 11, 2024September 11, 202405 mins

Mwalimu National SACCO has maintained its top position as the largest SACCO in Kenya and Africa with an asset base of over Ksh.66.43 billion this is according to Sacco Societies Regulatory Authority (SASRA) 2023 Annual SACCO Supervision Report. The report released on Wednesday indicated that Stima DT Sacco commands ksh 59. 15 billion taking second…

Here are the top-five performing Saccos

Sacco ReviewMay 9, 202404 mins

Saccos in the country are among top lenders accumulating assets and savings worth billions of shillings. Five top Saccos in the country command a membership of over 517,700. Nairobi City County director of co-operatives Dolphine Aremo said recently that the Capital City hosts to 4978 cooperatives including giant Saccos. In her speech dubbed “Overview of the…

Delay by counties to remit staff contributions hampering smooth operations of Saccos

Sacco ReviewMay 2, 2024May 2, 202403 mins

The delays and sometime failure by counties to remit deductions to Saccos has hampered their smooth running and even risking liquidity. Saccos now say that employer institutions’ failure to honour their obligations of remitting Sacco deductions affects the financial performance of these firms, despite various policy and administrative measures being put in place to address…

Afya Sacco set to launch improved ICT systems, enhance service delivery

Sacco ReviewNovember 3, 2023November 3, 202303 mins

Afya Sacco has pledged to launch improved ICT systems to enhance service delivery to its members by the end of the year. Speaking during the Sacco’s Member Education Week in Western region, National Chairperson M/s Beatrice Mogire revealed that the Board of Directors has procured the services of an international top-notch vendor to oversee the…

Afya Sacco unveils Afya Mobile 24/7 as part of wider digitization plan

Sacco ReviewSeptember 27, 2023September 27, 202308 mins

Afya Sacco has embarked on a more robust digitization programme by first enriching their mobile banking space dubbed as Afya Mobile 24/7. The aim is to enable members of the society to transact business from the comfort of their homes with just a scroll of their phone menu. The USSD code *667*2# is the magic…