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SASRA outlines Kenya’s cyber resilience strategy at global regulators’ conference

Sacco ReviewJuly 20, 202603 mins

SASRA showcased Kenya’s cyber resilience strategy for SACCOs at the 2026 ICURN Annual Conference in Mumbai. CEO David Sandagi outlined the regulator’s response to cyber threats, digital risks and incident preparedness. The SACCO Societies Regulatory Authority (SASRA) has detailed its supervisory response to a live cyber crisis, in a presentation by its Chief Executive Officer(CEO),…

Saccos urged to embrace tech to lure youth membership

Sacco ReviewAugust 23, 2024August 23, 202403 mins

The Kenya Union of Savings & Credit Co-operatives Ltd (KUSCCO) Group Managing Director Arnold Munene has urged Saccos to take advantage of enhanced technology to boost their membership. Munene, in a commentary in one of the dailies, said that by doing so they will tap into the youth demographic which forms a majority of the…

How Fintech is revolutionizing the Sacco movement in Kenya

Sacco ReviewDecember 14, 2023December 14, 202305 mins

According to a report submitted by Accenture to the Financial Sector Deepening (FSD) Kenya, Saccos are one of the leading sources of finance, and in many rural areas, local Saccos are the only provider of financial services. Fintechs are becoming invaluable partners for Saccos in Kenya who provide innovative digital solutions to streamline their operations…

More Saccos dropping banking agencies, opt for mobile banking

Sacco ReviewNovember 14, 2023November 14, 202304 mins

Technological advancement is fast-shaping operations and performance in the Sacco and wider financial and banking sector, lessening inconveniences and the high cost of opening and running physical branches. A spot check by Sacco Review has established that more Saccos prefer mobile banking to agency banking due to convenience for members and more profit to the…