digitization - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Nakuru County Government launches sacco digitization initiative

Sacco ReviewJanuary 7, 2025January 7, 202504 mins

The County Government of Nakuru has rolled out a program to digitize the business models of Savings and Credit Cooperative Organizations (SACCOs) to make their operations more efficient and transparent. County Cooperatives Chief Officer Kibet Kurgat said the County had initiated a training program for Sacco officials on the digitization of their operations, aimed at…

Why SACCOs should embrace digitization of products, services

Sacco ReviewAugust 15, 2024010 mins

Savings and Credit Co-operative Societies (SACCOs) across the continent of Africa are embracing digitization rapidly to catch up with the fast changing business and financial services landscape globally. Ranging from the use of digital core banking systems to customer support to tech-enabled information management systems, SACCOs are transforming age-old business models, facilitating greater efficiencies and…

SASRA: Saccos lost Ksh233M to rogue staff

Sacco ReviewOctober 23, 2023October 23, 202308 mins

The rush by Saccos to embrace mobile and internet banking as a replacement for the brick and mortar branches is proving to be a weak link in the fight against fraud in Saccos. A recently released SASRA report covering 2021 and 2022 shows that rogue Sacco staff are breaching internal systems and riding on mobile…

Afya Sacco unveils Afya Mobile 24/7 as part of wider digitization plan

Sacco ReviewSeptember 27, 2023September 27, 202308 mins

Afya Sacco has embarked on a more robust digitization programme by first enriching their mobile banking space dubbed as Afya Mobile 24/7. The aim is to enable members of the society to transact business from the comfort of their homes with just a scroll of their phone menu. The USSD code *667*2# is the magic…

Technology

Real estate stakeholders laud digitization of land records

Sacco ReviewSeptember 7, 201801 mins

By James Wakahiu Real estate stakeholders in Kiambu County have lauded the move to digitize all the land records. They said this will make it easy for Kenyans to acquire their title deeds within a short period. According to the Wezesha Real Estate Company Director John Mwanu, technology in the lands registries will fasten searches…