Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Hazina SACCO declared dividends at a rate of 17% and interest on deposits at 10.75% during the ADM, an increase from Ksh 1.4 billion in 2024 to Ksh 1.7 billion in 2025. Membership also grew by 8.5%, from 32,518 in 2024 to 35,289 during the year, reflecting strong alignment with the Strategic Plan 2023-2027. This…
Kenya’s Savings and Credit Cooperative Societies (SACCOs) remain one of the most trusted institutions for teachers, civil servants, and professionals to grow their savings. Beyond offering convenient loan products and secure savings accounts, SACCOs reward members through dividends on share capital and interest on deposits. For teachers, who often depend on structured incomes and disciplined…
Savings and Credit Cooperative Societies (SACCOs) have, in the recent past, stepped up their digital marketing campaigns, running attractive TV advertisements, updating their websites to make them more interactive, and going big on X, Facebook, and other social media platforms. SACCOs are also investing huge sums of cash to spruce up their online presence. This…
There was celebrations at Lugala Secondary school after Hazina DT Sacco donated a total of 60 modern lockers and chairs to the Shinyalu based school in Kakamega County as part of its Corporate Social Responsibility (CSR) programme. Speaking during the handing over ceremony, the Sacco CEO Dickson Okungu noted that they decided to support the…
Hazina Sacco Chairman Evans Kibagendi has opposed the introduction of a levy on cash deposits held by Non-Withdrawable Deposit-Taking Saccos by the Sacco Societies Regulatory Authority (SASRA) beginning January 2024. Kibagendi will greatly affect the revenue of Saccos as a whole, and the savings of individual members who are ideally the owners of the Saccos….
Hazina DT Sacco has notified members of an Education Day which will be held on December 1 at Tebeboo Hall, ACK Kajiado Church starting at 8:00 am. “We urge all members to attend and not miss out on this valuable opportunity,” a post from their social media page read. Education, Training and Information is one…
