Simon Chelugui (centre), Cabinet Secretary for Micro, Small and Medium Enterprise Development and Patrick Kilemi Principal Secretary Cooperatives (right), welcomed to the 51st AGM of the Kenya National Police DT SACCO by National Chairman of the SACCO David Mategwa. Photo: Felix Wanderi

Cooperatives asked to adopt technology, strategic innovations for excellence

Savings and Credit Co-operatives Societies (Saccos) have been called upon by the Government to embrace innovation and devise strategies that will propel cooperatives towards continued excellence. Speaking during the Kenya National Police DT SACCO 51st Annual Delegates Meeting held in Serena hotel in Nairobi this February, Simon Chelugui Cabinet Secretary for Cooperatives, Micro, Small and…

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Saccos urged to fully digitize their services, embrace digital economy

The world of finance is evolving at an unprecedented pace, with customers demanding efficiency, convenience and faster financial services. This is a wake-up call to SACCOs to digitize their services to allow customers to access their accounts and perform a wide range of transactions so as to avoid losing market share to tech-savvy competitors. “Digital…

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