Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
According to data from the Sacco Societies Regulatory Authority (SASRA), the SACCO industry closed 2024 with gross loans valued at KSh 845.11 billion, marking an 11.41 per cent increase from KSh 758.57 billion a year earlier. Despite the rapid credit expansion, the sector’s non‑performing loan (NPL) ratio remained steady at 8.39 per cent, according to…
Equity Group Holdings Plc has reported a 32% rise in Profit after Tax to Kshs 54.1 billion for the third quarter of 2025, up from Kshs 40.9 billion, driven by diversified revenue growth, cost efficiency, and strong regional performance. The Group’s return on equity stood at 26.4%, with return on assets at 4.1%. Net interest…
CPA Protus Senda, former Shoppers Sacco Chief Executive Officer (CEO), is now the new Accountant at Ufanisi DT Sacco Society. READ ALSO: Ufanisi DT Sacco gets new Accountant Senda is a Bachelor’s Degree holder in Commerce, Finance and Banking option, and a Certified Public Accountant (CPA-K) with over 11 years of experience in matters credit…
Waumini Sacco is currently seeking to fill the position of Credit Manager. The credit manager will report to Chief Executive Officer and will be responsible for the growth of the Society’s loan portfolio while ensuring quality and health loan book is maintained. The successful candidate will oversee the expansion of the Society’s loan portfolio, while…
By Mary Ndung’u The Kenyan housing sector is extremely ripe for profitable involvement and participation by the various players in the property value chain. From the soon to be launched Kenya mortgage refinance company (a concept developed and currently in the process of implementation by the National treasury), to the government’s big four agenda that…
By Jackson Okoth A trend is rapidly emerging where DT-Saccos prefer to look inwards when seeking to replace Marketing Managers, Finance Managers, Chief Executive Officers or even Chairpersons to the Boards of Directors. Those Saccos with no suitable replacements from within the society would rather poach these executives from other saccos rather than extend their…
