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

Kenya National Police DT SACCO Bungoma branch elects new officials

Sacco ReviewJanuary 16, 2024January 16, 202403 mins

The Kenya National Police DT SACCO Bungoma zone finally has new officials after the branch held elections recently after several postponements. In the elections held at Bungoma Police Station with 383 members, Antony Kering garnered 103 votes, closely followed by Zebedee Otee with 102 votes while Victor Kiprotich got 76 votes and Mary Odhiambo garnered…

Gold miners in Kakamega Central launch Sacco

Sacco ReviewDecember 14, 2023December 14, 202302 mins

Artisanal miners from Rosterman area have a reason to smile after Kakamega Central Miners Sacco was launched recently. The development is in line with the directive by the State Department for Mining that all artisanal mining activities be carried out through Saccos only. County Artisanal Mining Committee (AMC) Chairperson Chairperson Patrick Ligami said that the…

Number of Sacco female employees on the rise, SASRA says

Sacco ReviewDecember 13, 2023December 13, 202305 mins

The number of female employees in regulated Saccos in the country has been steadily rising, surpassing that of male employees, SASRA’s Sacco Supervision Report 2022 has revealed. According to the Report, female employees in regulated Saccos account for 50.61% of the total employees with males accounting for 49.39%. It also reveals that within the DT-SACCOs…

Ghanaian officials in Kenya to benchmark cooperative movement

Sacco ReviewDecember 11, 2023December 11, 202303 mins

Senior officials from the Government of Ghana, including representatives from the Ghana Co-operative Credit Unions Association (CUA), Ministry of Finance, and the Department of Cooperatives, are currently in Kenya to benchmark the country’s cooperative movement which is considered the largest in Africa. According to the 2022 Statistical Report by the World Council of Credit Unions,…

Kenya National Police DT Sacco wins the FiRe Awards Sacco category award

Sacco ReviewDecember 11, 2023December 11, 202303 mins

The Kenya National Police DT Sacco has been awarded as the winner in this year’s FiRe Awards – Sacco category. The award comes months after the Sacco was recognized as the top-performing Sacco nationwide in the Management and Capitalization category during the Ushirika Day celebrations held on July 1 at the KICC. In a statement…

Universal Traders Sacco announces internship opportunities

Sacco ReviewDecember 6, 2023December 6, 202302 mins

Universal Traders Sacco (UTS) has announced internship opportunities for individuals with a diploma in sales and marketing, cooperative management, or public relations. To be eligible, applicants must have achieved a mean grade of C or above in KCSE, be between the ages of 25 and 35 and have computer literacy skills. “If you are interested…

Controller of Budget arrested for operating unregistered Sacco

Sacco ReviewDecember 5, 2023December 5, 202303 mins

Controller of Budget (CoB) Margaret Nyakang’o has been arrested in Mombasa by DCI officers and presented to court to face the charge of operating a Sacco without a license. The arrest came after the Office of the Director of Public Prosecutions approved the charges in a letter to the DCI on November 30,2023. Nyakong’o’s charges…

Nakuru pastors form Sacco to improve livelihoods

Sacco ReviewDecember 5, 2023December 5, 202303 mins

Pastors in Nakuru have come together to establish Mitume Sacco to help them save money and access affordable credit facilities, ultimately improving their livelihoods. Pastor Alex Maina, the Sacco chairman and the chair of Nakuru Pastors Fellowship, encouraged pastors and clergy members to join the Sacco to enhance their economic status. “We understand the difficulties…

Safaricom Sacco CEO named winner of Champions of Governance Awards

Sacco ReviewDecember 5, 2023December 5, 202303 mins

Joseph Njoroge, the CEO of Safaricom Sacco, has been named the winner of this year’s Champions of Governance (CoG) Award by the Institute of Certified Secretaries (ICS) in a ceremony held at Mercure Hotel in Upperhill, Nairobi. The CoG Awards aim to recognize and promote research work related to good governance practices. Njoroge, who joined…

Kamuthi Housing Coop helps Kiambu boda boda riders acquire land

Sacco ReviewDecember 4, 2023December 4, 202303 mins

A group of boda boda riders from Ruiru in Kiambu County have a reason to celebrate after they acquired a 5-acre piece of land along Thika Road, with the help of Kamuthi Housing Cooperative Society. The Boda Boda Association, consisting of 200 members, received a title deed after diligently saving Ksh50 per day. Lawrence Kariuki,…