Covid-19 pandemic - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Survey reveals more trust for cooperatives than for investor-owned corporations

Sacco ReviewJune 21, 202406 mins

A recent research study on cooperatives in Kenya now shows that cooperatives are a preferred store of wealth for members and that many people are leaning on Saccos and cooperatives for small loans. Fifty four percent of cooperative members relied heavily on their cooperative ownership as a store of wealth. The cooperative as a store…

Long-serving Family Bank Board Chairman Wilfred Kiboro retires, architect takes helm

Sacco ReviewMay 24, 202402 mins

Family Bank Board of Directors has appointed Architect Francis Gitau Mungai as the new Chairman of the board, replacing long-serving Chairman Dr Wilfred Kiboro. Francis Mungai holds a Bachelor of Architecture degree with First-Class Honours from the University of Nairobi and a Master’s Degree in Architecture from the University of California, Los Angeles (UCLA). READ…

Hazina Housing Co-operative Society setting pace in home ownership

Sacco ReviewJuly 13, 2022July 13, 2022010 mins

By Boy Matumbai At the onset of the Covid-19 pandemic, Hazina Housing Co-operative Society chairman Charles Musungu agonized with two of his friends who had lost their jobs to the damning ravages of the outbreak. But looking further, he figured out that both his friends owned plots that they were yet to develop. But even…