Features & Sacco Leadership

Estate planning and wealth transfer: The role of SACCOs in estate and wealth transfer

Property transfer refers to the legal process of transferring ownership of real property from one party to another. Real property, often referred to as real estate, includes land and any structures or improvements attached to it. The transfer can occur through various means, and the specific procedures may vary based on the jurisdiction and the […]

News Sacco News

Kiambu: Hazina SACCO sponsors latrines at Tutu Primary School

Hazina Savings and Credit Co-operative Society (SACCO) has commissioned latrines at Tutu Primary School in Kiambu County. As part of the Sacco’s Corporate Social Responsibility, the society sponsored the construction of latrines to ensure a clean learning environment in the school. “Currently happening at Tutu Primary school in Kiambu: The National Chairman Mr. Evans Kibagendi […]

News Sacco News

Nyandarua County, Tower SACCO strengthen ties for financial inclusivity

Nyandarua County government continues to extend their support to co-operative societies, including Tower Savings and Credit Co-operative Society (SACCO). In recent move, Tower SACCO and the county government re-engineered their partnership to ensure financial growth and development for the county residents. The partnership was sealed by Nyandarua Governor Dr Kiarie Badilisha,Tower Sacco Board Chairman Peter […]

SASRA Shuts Down Two SACCOs Over Non-Compliance News Sacco News

Is your Sacco regulated? SASRA warns Kenyans against saving their money in institutions blindly

Sacco Society Regulatory Authority (SASRA) has cautioned Kenyans against unregulated SACCOs operating in the country. There are over 300 Deposit Taking (DT) and Non-Deposit Taking (NDT) SACCOs licensed by SASRA to operate in Kenya. SACCOs licensed to operate in Kenya The regulator listed 176 DT SACCOs approved to operate in Kenya for the period between […]

Counties News Sacco News

Tower Sacco feted as best credit facility provider in Nakuru Entrepreneurs Awards 2023

Tower Savings and Credit Co-operative Society (SACCO) has been crowned the “Best Loan Credit Facility” provider in the Nakuru Entrepreneurs Awards 2023. The Sacco attributed the victory to its over 188,000 members drawn from various sectors of the economy. “Thank you for voting, supporting and placing trust in us. We truly appreciate you for choosing […]

Growth at SACCOs News

The Holiday Digital Rush: A Breeding Ground for Cyber Threats

 The Holiday Digital Rush: A Breeding Ground for Cyber Threats By Caroline Machira The joyous season brings not only merriment but also an upswing in cyber threats. Malicious actors leverage the increased online activity to exploit vulnerabilities and gain unauthorized access to sensitive information. Understanding the risks is the first step towards fortifying your digital […]

Sacco News

Guide to Year-End Financial Checkup for SACCO Members

Guide to Year-End Financial Checkup for SACCO Members By Caroline Machira As the year draws to a close, it’s an opportune time for SACCO members to embark on a comprehensive year-end financial checkup. Taking stock of your financial landscape at this juncture not only helps in reflecting on the past year but also lays a […]

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