Saccos
SACCOs Expand Product Suite As Competition Heats Up
SACCOs (Savings and Credit Cooperative Societies) have continued to expand their digital credit offerings despite increasing competition from commercial banks and other digital...
JACKSON OKOTH1 Mins read
SACCOs Leveraging Technology to Fight Competition in the Financial Sector
SACCOs(Savings and Credit Cooperative Societies) have continued to expand their digital credit offerings despite increasing competition from commercial banks and other digital credit...
JACKSON OKOTH3 Mins read
Counties Fail to Remit Ksh1.88 Billion in SACCO Deductions
More than 52,000 county government employees were affected by delays in the transfer of their SACCO deductions in 2025, with county governments and...
SABRINA BT1 Mins read
SACCOs Defy Harsh Economy to Grow Deposits, Loan Book and Assets
SACCOs( Savings and Credit Cooperative Societies) continue to defy the prevailing harsh economic times as the sub-sector continues to collect more deposits from...
JACKSON OKOTH4 Mins read
SACCOs Shut Out of the National Payments System Over Delays in Reviewing SACCO Act
SACCOs(Savings and Credit Cooperative Societies), especially those that offer Front Office Service Activity(FOSA), are struggling to keep up with growing competition in the...
JACKSON OKOTH2 Mins read
SACCOs: Act to be Amended to Link them With CRBs
SACCOs (Savings and Credit Cooperative Societies(SACCOs), known as private clubs owned by members may soon be forced to share both positive and negative...
JACKSON OKOTH2 Mins read
SACCOs in Governance Crisis: Only 19 Meet Set Compliance Levels
SACCOs (Savings and Credit Cooperative Societies) that are licensed to engage in deposit-taking business have been warned about declaring Dividends and Rebates from...
JACKSON OKOTH2 Mins read
Tower and Cosmopolitan SACCOs Open 2026 AGM season
Tower Deposit-Taking SACCO, headquartered in Ol Kalou, Nyandarua County, and ranked the 5th largest in Kenya with a balance sheet size worth KSh...
JACKSON OKOTH2 Mins read
SACCOs Shy Away from Listing at the Nairobi Securities Exchange
SACCOs (Savings and Credit Cooperative Societies) have given the Nairobi Securities Exchange(NSE) a wide berth, owing to a legal vacuum and an outdated...
JACKSON OKOTH3 Mins read
