Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Sukari Sacco recently held its Annual General Meeting. Sacco Chairman Boniface Omondi urged members to remain united for the sake of their esteemed Sacco. He noted that though it’s been a while since they held an AGM, he urged members to be confident that the Sacco is headed in the right direction. Omondi noted that…
Mwito Deposit Taking Sacco Society Limited is grieving the loss of its founding member Peter Kariuki Ng’ang’a, which occurred on August 19, 2023. The burial will be held on Friday, August 25, 2023 at 9.00 am at his home in Kariua Village, Kandara Sub-County, Murang’a County. The deceased has seen the Society grow from a…
By Jackson Okoth Deposit-Taking Saccos that run FOSAs will in this financial year pay more levy to the Sacco Societies Regulatory Authority (SASRA). This follows a ruling by Judge Weldon Korir that found that amendments to the Sacco Societies Deposit Levy order were done in consultation with all stakeholders, hence could not be quashed or…
By Kamundia Muriithi A co-operative that was started by Jua Kali artisans and small scale traders in Runyenjes town of Embu County now plans to start offering Front Office Sacco Activities (FOSA) to meet increasing needs of its members. Started 10 years ago with an initial share capital of Sh237,000, the Focus Sacco Society has…
By Wesley Ken Kimisitu Sacco plans to introduce a Front Of¬fice Service Activity (FOSA) wing to offer basic banking services to members. The front office will enhance efficiency in providing services to its members to meet their banking needs and other financial services which will complement products and services offered by the back office services….
