Sacco Societies Regulatory Authority - Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya

Public Investments Committee seeks answers on SASRA audit queries

Sacco Review4 weeks ago4 weeks ago02 mins

The National Assembly Public Investments Committee on Commercial Affairs and Energy met last week to examine the audited accounts of the Sacco Societies Regulatory Authority (SASRA) for Financial Years 2013/2014 to 2020/2021. The Committee led by Member of Parliament for Navakholo Constituency and Majority Party Whip at the Kenya National Assembly Emmanuel Wangwe cross-examined SASRA…

Steady rise of Joyce Ndegwa from clerk to CEO of Mentor Sacco

Sacco Review1 month ago06 mins

Mentor Sacco Chief Executive Officer (CEO) Joyce Waceke Ndegwa is one of the most highly rated female leaders in the cooperative sector in Kenya. Waceke, the lead actor in this increasingly illustrious cooperative society, exhibits deep knowledge of the Sacco sub-sector. “You need to understand your industry thoroughly; new and emerging trends, and threats and…

Defaulters on Sacco loans accused of denying others chance to borrow

Sacco Review1 month ago1 month ago04 mins

Kericho County Commissioner of Cooperatives Dr Leonard Otii has said defaulters on loans and those who delay repayments are denying other members a chance to use the same facility. Speaking during Simba Chai Sacco’s Annual Delegates Meeting (ADM), Otii was concerned about the high rates of delinquency witnessed in some societies, which he cautioned the…

Saccos vs money market funds: Which gives the best return?

Sacco Review1 month ago1 month ago06 mins

Money Market Funds (MMFs) and Savings and Credit Cooperative Organizations (SACCOs) are both money-saving instruments that have gained popularity in the country. And they both promise one thing — to make your money work for you. The two work in different ways therefore understanding their unique features before making a choice is vital. What are…