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