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

NSSF ordered to refund Ksh40M to Keiyo teachers Coop in illegal land sale

Sacco ReviewMarch 4, 202605 mins

The National Social Security Fund (NSSF) has been directed to refund over Ksh40 million to the Keiyo Teachers Co-operative Society after the Court of Appeal upheld a decision declaring that it unlawfully sold public land to the cooperative. In a judgment delivered on February 27, the appellate court affirmed an earlier High Court decision directing…

Why SACCOs are yet to fully embrace Credit Information Sharing

Sacco ReviewSeptember 8, 202507 mins

Ms. Ndegwa, in an interview with SACCO Review, said that the use of credit scoring as an assessment tool when considering whether to give a loan product to a SACCO member is already happening, particularly where SACCOs are offering mobile loans. “Members apply for mobile loans on online platforms using the mobile app and the…

Claims will soon be settled within 24 hours, NSSF says

Sacco ReviewDecember 11, 2023December 13, 202302 mins

The National Social Security Fund (NSSF) is working on modalities to ensure that members’ claims are paid within 24 hours, but they will first put measures to settle claims within 14 days. Speaking in Kisumu during a consultative meeting with members of the Central Organization of Trade Unions (COTU), NSSF Managing Trustee David Koros disclosed…