Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Intensive marketing and customer-friendly financial solutions have seen Saccos overtaking commercial banks in deposits and customer numbers. Experts have attributed this revolution to adherence to guidelines set by regulatory bodies, including the Central Bank of Kenya (CBK), attractive loan interest rates, quick processing of loans, and favourable returns through interest and end of year dividend…
By Fredrick Odiero Cooperative Alliance of Kenya (CAK) Executive Director Daniel Marube has called on Kenyans to cultivate a saving culture by joining Saccos. Marube urged young people to invest in Saccos since there is life after retirement. He posited that the cooperative movement is a key contributor to Kenya’s economic growth. “The cooperative movement contributes…
By Rosemil Oduor Members of the co-operative societies will now have the responsibility of determining how long their leaders hold positions, acting Commissioner for Cooperatives Didacus Ityeng’ has said. He said with the introduction of a new draft co-operative policy, co-operatives will have more self-regulation. The new policy will only allow for government interference in…
