February 7, 2026
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Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

The Leading Newspaper for Co-operative Movement in Kenya

Tag: Afya Sacco

Afya Sacco delegates Conference/Photo File

Afya SACCO delegates approve key resolutions on dividends, borrowing powers and audits during SDM

Sacco Review03 mins

The Afya Cooperative Savings and Credit Society Limited has announced a series of major resolutions following its Special Delegates Meeting (SDM) held on November 7, 2025. The meeting, chaired by Chief Executive Officer Lwanga Mbeche, addressed critical financial and governance matters affecting members and the society’s future operations. Delegates approved the non-payment of dividends on…

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CPA Lwanga Mbeche, new Chief Executive Officer Afya Sacco./Photo courtesy.

Afya Sacco appoints new CEO ahead of delegates meeting

Sacco Review03 mins

Afya Co-operative Savings and Credit Society Limited has appointed CPA Lwanga Mbeche as its new Chief Executive Officer, taking charge as the Sacco navigates a period of financial scrutiny following regulatory revelations of irregular transactions totaling over KSh500 million. The leadership change comes ahead of Afya Sacco’s Virtual Delegates Meeting scheduled for September 22, 2025,…

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Delegates follow proceedings during a past Afya Sacco AGM./Photo file

Afya Sacco to hold delegates meeting amid financial irregularities

Sacco Review03 mins

Afya Co-operative Savings and Credit Society Limited has convened a Virtual Delegates Meeting on September 22, 2025, as pressure mounts over a KSh550 million scandal that has rocked the country’s 60 year-old Sacco. The meeting notice, signed by Honorary Secretary A. Maweu, outlines a tense agenda that includes adopting financial statements, approving the 2026 budget,…

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Jack Ranguma Chairman, Board of Directors SASRA

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

Sacco Review05 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…

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Here are the top-five performing Saccos

Sacco Review04 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…

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Beatrice Mogire Afya Sacco chairperson.

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

Sacco Review03 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…

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Sacco

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

Sacco Review03 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…

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