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Former Transport CS James Macharia appointed Chairman of Sidian Bank

Sacco ReviewOctober 23, 202504 mins

Former Roads and Transport Cabinet Secretary (CS) James Macharia has been appointed the new Chairman of Sidian Bank, taking over from Centum Investments CEO James Mworia, who has held the position since 2014. Announcing the leadership change on Wednesday, October 22, Sidian Bank confirmed that Mworia will remain on the bank’s board. “It has been…

Kilifi’s Driftwood Cooperative elects new chairman

Sacco ReviewOctober 11, 202502 mins

Driftwood Cooperative Society in Malindi Sub County in Kilifi County has elected new chairman, Franklin Charo Nyiro to head the society. Speaking to Sacco Review in his office in Malindi town recently, Driftwood Cooperative society Secretary, Onesmus Nzai said that the new chairman was elected during an Annual General Meeting conducted recently and supervised by…

United Nations Sacco posts KSh2.2 billion income in 2023 enhanced by affordable loans

Sacco ReviewMay 31, 202403 mins

United Nations Sacco posted remarkable financial results in 2023 with the firm’s total revenue increasing by 13 per cent, hitting a record KSh2.197 billion. This was achieved as a result of increase in interest on loans and advances, reduced expenditure and investment income. A total of KSh1.3 billion was given to members in the form…