Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Saccos need technology to meet changing member expectations. Digital systems can improve convenience, transparency and efficiency. Saccos should balance innovation with security and human support. Technology is changing how people save, borrow, invest and manage their money. For Savings and Credit Co-operative Organisations (Saccos), embracing this change is no longer optional. It is now an…
Cooperatives urged to embrace technology and strengthen governance. Leaders warned to improve risk management following KUSCCO’s liquidation. Tax gaps, cybersecurity and climate change emerge as key concerns. Cooperative societies have been urged to embrace technology, strengthen governance and continuously improve their skills to remain competitive in a rapidly changing business environment. Institute of Directors Kenya…
Kericho farmers urged to join Saccos and embrace digital services. Saccos are pushing automation, integration and stronger cybersecurity. Farmers can access financing for tractors and agricultural equipment. Farmers in Kericho County have been encouraged to join savings and credit cooperative societies (Saccos) and take up digital financial services, as stakeholders push for greater access to…
Kenyan SMEs are moving beyond AI adoption to focus on measurable business returns. AI is helping businesses cut costs, speed up operations and access specialised capabilities. SMEs that use AI effectively could gain an edge in productivity, competitiveness and growth. Artificial intelligence is moving deeper into Kenyan small and medium enterprises (SMEs), but the next…
Tai Sacco hosted Yetu Sacco for a benchmarking visit on ICT and call centre operations. The Saccos exchanged ideas on technology, customer service and operational efficiency. The engagement highlights growing investment in digital services across the Sacco sector. Tai Sacco Society Limited hosted a benchmarking team from Yetu Sacco Society Limited to exchange insights on…
KUSCCO and SITPA will host the inaugural Sacco ICT Summit 2026 in Mombasa from August 24 to 28. The summit will focus on digital transformation, ICT governance, cybersecurity and technology procurement in the Sacco sector. Participants will develop standards for vendor vetting, ICT talent recruitment and protection of Sacco member data. The Kenya Union of…
Kenya’s expanding digital economy is increasing exposure to cyber threats, with experts warning that cybercrime is becoming a major national security and economic risk. Rising threats include DDoS attacks, mobile money fraud, phishing, ransomware and identity theft targeting businesses, government agencies and the public. Experts say stronger cybersecurity will require investment in skills, digital infrastructure,…
Taifa DT Sacco has launched a 2026 to 2030 strategy focused on digital growth and innovation. The Sacco will introduce a new ERP system, revamp products and expand its insurance business. It has also lowered the minimum share capital for loans from Ksh10,000 to Ksh2,000 to improve access to credit. Taifa DT Sacco has unveiled…
Cabinet Secretary for Cooperatives and MSME Development, Wycliffe Oparanya, has announced that no Savings and Credit Cooperative Society (SACCO) will be licensed to operate unless it demonstrates full commitment to digital transformation. Speaking at the recent Leadership, Ethics and Strategic Governance Forum, Oparanya warned that failure to modernize would erode public trust and ultimately destroy…
In the fast-paced arena of financial management, Kenya Saccos serve as beacons of resilience and innovation, navigating turbulent cash flow through strategic foresight and careful planning. As a cornerstone of financial inclusion and community empowerment, Saccos play a critical role in Kenya’s economic fabric and serve as an important conduit for savings mobilisation and credit…
