Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
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 Co-operative Societies (SACCO) are busy redesigning their financial products, policies and strategies so as to compensate for low loan disbursements as a tough economy erodes household incomes and thrown many out of jobs. For players like Mwalimu National SACCO, the plan is to generate Non-funded income, away from its core activity of…
The Mwalimu National SACCO Chief Executive Officer, Kenneth Odhiambo Opiyo has won the SACCO CEO OF THE YEAR award. Opiyo was announced by the Strategic Nest Corporation, a premier research-driven communications and public relations firm as the best CEO in the SACCOs and Microfinance Category, being among those on the list of Strategic Business &…
Nyahururu residents and members of Mwalimu National Sacco have welcomed the opening of the Sacco’s newly relocated satellite office on August 11, 2025. The office, now situated at Double N Plaza beside Davis & Shirtliff along Olkalau Road, was unveiled in a colorful ceremony attended by the Sacco’s branch leadership and staff. The relocation is…
Saccos in the country are among top lenders accumulating assets and savings worth billions of shillings. Five top Saccos in the country command a membership of over 517,700. Nairobi City County director of co-operatives Dolphine Aremo said recently that the Capital City hosts to 4978 cooperatives including giant Saccos. In her speech dubbed “Overview of the…
The success of the Cooperative movement in Nairobi City County is a key player in the economic situation of the entire country with total assets base of KSh618 billion. The county has a well-established department called the Business and Hustler Opportunities sector endowed with technocrats overseeing capacity building of the sector and providing round the…
By Our Correspondent The recent resolution by the giant Mwalimu National Sacco Annual General Meeting to put up for sale the troubled Spire Bank has elicited mixed reactions, with critics offering options they argue would be in the best interest of teachers and ordinary members. In the asset purchase agreement pending regulatory approvals by…
