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SACCO STAR MAGAZINE ISSUE 43
Contents
Editorial 3
From the Managing Director’s desk 4
Lavington United SACCO 5
Qwetu SACCO Continues to grow with deposits
hitting Kshs. 2 Billion 9
Kenpipe SACCO records Kshs 1.7 Billion In member
deposits 10
Why SACCO Amemendments have caused unrest in the
05 industry 12
26
45 Proposed legislation will not cure any mischief 15
56
Wakenya Pamoja SACCO lauds members for support 17
Tabasamu SACCO continues to post growth 19
Tangazoletu to Use ICT to Promote Learning for the Deaf 21
TAI SACCO posts growth while it eyes agency banking 22
Kenya Police SACCO assets up to ksh 24 billion 26
Skyline SACCO moves operations to new plaza 29
UKRISTO NA UFANISI wa Anglicana SACCO posts 10%
growth in deposits 31
Smartlife SACCO’S revenue up by 15% 33
Imarika SACCO continues to posts outstanding
performance 35
Boresha’s assets growth places It as a tier one SACCO 39
The Noble SACCO posts 12% growth in member deposits 41
Koru SACCO members urged to increase savings 42
KITE SACCO implores on improving member’s services 43
Kenya Bankers among SACCO’S applying IFRS-9 45
TNT SACCO gains from increased loans uptake 47
JUMUIKA SACCO embarks on microcredit business
activities to net new members 49
STIMA SACCO members receive 14 pc in dividends 50
JOINAS SACCO continues to report financial stability 51
How a bottle of beer built a boarding school in Embu 54
KUSCCO launches smart water for agriculture program 56
Survey reveals co-ops significant increase 57
Local news Round Up 58
International news Round Up 59
The greatest threat to leadership today: The “manager” 61
PICTORIAL 62
Macro-view and NSE outlook in 2018 64
The diary of a man who once ran the Union… 65
How SACCOs can benefit from Blockchain Technology 66
Ask The Lawyer 67
Doctor’s Chronicles 68
Increasing loyalty amongst your SACCO members 69
SACCO Star Classifieds 70
Leisure 71
Exhale 72
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