KCB - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Support budding innovators, entrepreneurs to commercialize their products-State, investors urged

Sacco ReviewMarch 4, 202506 mins

Calls have been made to the Government and the private sector to support young innovators, entrepreneurs and creatives to commercialize their products. Key players in the education sector observe that there’s a batch of next generation innovators in learning institutions across the country who have transformative ideas that will shape the future through creativity and…

Transition technical challenges made some customers get Hustler loans without IDs, says KCB

Sacco ReviewJuly 16, 2024July 17, 202405 mins

The Kenya Commercial Bank (KCB) has recently responded to Auditor General Dr. Nancy Gathungu’s report which showed that some customers received Hustler loans without Identification Cards noting that the problem was caused by technical hitch during transition. Through a statement from the bank Managing Director Mrs Annastacia Kimtai, KCB indicated that the auditor had shared…

Equity Bank Fourways Branch

Equity Bank named Kenya’s most admired brand

Sacco ReviewMay 8, 202404 mins

Equity Bank has once again been recognized as Kenya’s most admired brand, as banks top the list of best brands in the country. According to the latest report by brand valuation consultancy firm–Brand Finance, Equity attained a brand value increased to KSh65.8 billion, representing one per cent increase. Safaricom follows closely with KSh58.1 billion then…

Saccos attract mortgage refinancing-KMRC

Sacco ReviewApril 7, 2021April 7, 202109 mins

By Malachi Motano Savings and credit cooperative societies (Saccos) can now make owning home a reality to their members thanks to a structured financing of affordable houses product by Kenya Mortgage Refinance Company (KMRC) which ensures there is alignment between rents and mortgage take up. “We needed to focus on Saccos because there is greater…

Safety training fees high for Bodaboda riders

Sacco ReviewApril 6, 2021April 6, 202105 mins

By Abdi Hussein Most of the Bodaboda riders claim they cannot raise the Sh4, 500 fee required for the nationwide safety training program training launched recently. The program sponsored by the national government in collaboration with National Transport Safety Authority (NTSA) and National youth service (NYS) is aimed to raise road safety awareness across the…

Sh2.75bn boost for housing projects

Sacco ReviewFebruary 22, 2021February 22, 202106 mins

By Roy Hezron Stima and Tower Saccos are among the first four Primary Mortgage Lenders (PMLs) to benefit from the Sh2.75 billion Kenya Mortgage Refinancing Company (KMRC) kitty. The disbursement done on 17th December 2020 saw Nyandarua based Tower Sacco which is a get Sh29 million while Stima Sacco got Sh69 Million. The two Saccos…