CPA Dickson Okungu, Hazina Sacco CEO speaking during the Sacco's 42nd ADM in February. Photo: Hazina Sacco Facebook page

Hazina Sacco assures members their deposits remain safe amid infrastructure fund rumours

Hazina Sacco has assured members their deposits remain safe and are protected under the Sacco Societies Act and SASRA regulations. The Sacco dismissed rumours that members’ savings would be used to finance the National Infrastructure Fund, urging members to remain calm. The National Treasury and State Department for Cooperatives have also denied the claims, saying…

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Hazina Sacco National Chairman, Evans Kibagendi leads the Society staff and other stakeholders in Gala Dinner to celebrate the Sacco's journey.

How Hazina Sacco’s CSR activities is changing lives a mid-growth and expansion

Hazina Sacco is transforming communities through clean water projects in Kwale and West Pokot. In 2025, assets grew to Ksh18.7 billion as membership, deposits and loans all increased. The Sacco continues to expand its services and community impact across Kenya. Hazina Sacco has been on the frontline in transforming lives through its robust Corporate Social…

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SACCO
Hazina Sacco National Chair Evans Kibagendi. Photo/File

Hazina Sacco registers growth in membership, declares 17% dividends

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…

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Saccos in Kenya

Kenya’s top SACCOs ranked: Where your money earns the biggest dividends

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…

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SACCOs go big on digital platforms to attract the youth

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…

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HAZINA SACCO Director Vivianne Nyarunda unveiling the new lockers for Lugala Secondary school.

Celebrations as Hazina Sacco donate lockers to Lugala Secondary school

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…

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Hazina Sacco Chairman Evans Kibagendi and Tutu Primary School Headteacher Nancy Njunge cut a ribbon to officially hand over the toilets built through their CSR initiative.

Hazina Sacco opposes introduction of levy on non-withdrawable Sacco deposits

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….

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