Jack Ranguma, Chairman, Board of Directors SASRA

SASRA welcomes Sacco amalgamation, reports merger of two Saccos

SASRA has highlighted voluntary mergers as an option for strengthening regulated Saccos. Proposed legislation requiring smaller Saccos to merge has sparked debate across the sector. Smaller cooperatives warn that compulsory mergers could threaten grassroots financial inclusion. The Sacco Societies Regulatory Authority (SASRA) has reported that two regulated Savings and Credit Cooperative Societies (SACCOs) successfully amalgamated…

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Fortune Sacco football team promoted to National Super League.

Fortune Sacco promoted to National Super League

Fortune Sacco Football Club beat Michael Olunga Foundation, MOFA, 3-0 to earn a slot in next season’s National Super League (NSL). The play off took place on Saturday, May 18 at Dandora Stadium, Nairobi. The two teams scooped position two in their respective Division One zones. Fortune Sacco, based in Kirinyaga now joins APS Bomet…

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Fortune Sacco Football club squad.

Kirinyaga’s Fortune Sacco football club to battle MOFA for National Super League spot

Fortune Sacco football team based in Kirinyaga will battle MOFA FC in a tense playoff affair to clinch the remaining National Super League spot. After leading the league for most of the season, Fortune Sacco football club stumbled, felling 1-0 to a ten-man Omax team in a decisive encounter at the Serani Sports Complex in…

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