Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
GDC Sacco Society Limited is expanding its presence in Nairobi with the official opening of a new branch, marking another step in the Sacco’s growth and its effort to bring financial services closer to members. The Nairobi branch is located at New Urbane Plaza, 5th Floor, Kaka Stage. Its official launch is scheduled for Friday,…
Sacco dividends fell or were scrapped in 2026 as Saccos retained more earnings to strengthen capital and liquidity. SASRA rules, KUSCCO losses and provisions for non performing loans reduced funds available for dividend payouts. Despite lower dividends, the sector grew strongly, with total Sacco assets rising 12.4 per cent to Ksh1.21 trillion. Kenyan Sacco members…
Jamii DT Sacco’s Nakuru satellite office serves members across Nakuru, Bomet, Narok, Kericho and Kajiado counties. Members access affordable loans, savings and investment products, plus instant M Cash loans of up to Ksh50,000. The office also promotes financial literacy and supports farmers, teachers, businesses and workers across the Rift Valley. Jamii DT Sacco’s satellite office…
Meru clergy launched Maendeleo Ya Jamii Sacco to support small traders, farmers and low income earners with affordable loans and savings. Members pay Ksh500 to register, buy shares from Ksh1,000 and can access loans from Ksh2,000. Leaders urged residents to save, invest and join the Sacco to grow their businesses. Residents of Ruiri-Rwarera ward in…
Ports Sacco opens Malaba branch to expand financial services and promote a savings culture in Busia County. Branch attracts 800 members shortly after launch, with leaders targeting 5,000 as cooperative savings gain traction. Sacco surpasses Ksh12bn in assets and offers loans, competitive dividends and insurance to support members’ financial growth Teso North Member of Parliament…
Kailemia urged youth to embrace saving and join registered groups. She said even small savings can build long term financial security. She encouraged table banking to access government funding and investment opportunities. Meru Woman Representative Elizabeth Kailemia has urged the youth to embrace a saving culture by enrolling in registered groups to benefit from government…
Regional financial literacy seminars empower top savers SACCO expands Corporate Social Initiative projects nationwide Members trained on savings, investments and cooperative growth The Kenya National Police DT SACCO embarked on regional top savers training seminars aimed at empowering its members on matters of financial literacy and economic empowerment and equipping them with valuable knowledge to…
CEO urges Kenyans to safeguard savings and use fuel prudently amid Gulf crisis. Rising fuel prices are shrinking household savings, business profits and borrowers’ creditworthiness. Financial institutions say they can only advise members as they await government intervention. Kenyans have been urged to utilize their savings and fuel reserves prudently to navigate the economic hardships…
Parliament has dismissed claims that the proposed Sacco law will allow the government to access members’ savings or control Sacco management. The Bill seeks to strengthen regulation, improve financial stability and establish a secondary Sacco to provide shared services for member cooperatives. The National Assembly says the legislation is still undergoing public participation, with stakeholder…
President William Ruto has signed the Sovereign Wealth Fund Act into law, marking a new chapter in Kenya’s economic journey. The name sounds technical and complicated, but the idea behind it is actually quite simple. It is about saving today so that the country can have a better tomorrow. Imagine a family that receives an…
