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SACCO STAR MAGAZINE Contents
ISSUE 50

Editorial 3
From the Managing Director’s desk 4
Harambee SACCO sets stage to celebrate 50th Anniversary 6
From reclaiming the lost glory to the harambee SACCO
we want 7
Harambee SACCO In the face of COVID 19 pandemic
challenge 8
Brief on Harambee Investment: The future is bright 9
Commissioner for Co-operatives speaks on SACCO
sector outlook 10

6 SACCOS urged to provide services online during pandemic 12
42
51 SACCOS in Africa and Latin Americaserve as trusted sources
during COVID-19 pandemic 13

Lessons learnt during a health crisis 14
Consumers, beware of counterfeit Sanitizers as we ?ght 15
COVID-19 pandemic

Have united voice in enacting legislation, Co-operatives told 16

Conduct integrity and due Diligence in implementing Systems,
SACCOS told 17

Changing customer behaviour driving disruption in 18
SACCO sector

SACCO leaders convention Participants views 20

SACCO leaders convention Pictorial 22

Police SACCO grows in all areas of operation 24

Kenya Highlands SACCO bets on diversi?cation 26
to spur growth

Simba Chai SACCO records growth despite tough year 27
Buoyant Ndege Chai SACCO records growth 28
Mombasa Port SACCO records Sh736 million turnover 30
Biashara SACCO adopts technology to revamp services 31
Big boost as Tabasamu SACCO asset base hits Sh724 Million 32
Imarika SACCO registers a remarkable growth
in 2019 business turnover 33

NewFortis SACCO members get higher 34
dividends
Hazina SACCO maintains resilience despite economic 35
challenges 36
Narok Golden Chance SACCO; a gem in making

The Noble SACCO to pay Sh183 Million in member payouts 37

Stima SACCO records Sh5.6 Billion in turnover 38

TNT SACCO steers towards growth by opening new branch 39

YOUTH urged to adopt Co-operative model for economic 42
empowerment 50
Positioning SACCOs for millennials and Generation Z

Build a culture of cybersecurity in your organization 51

SACCO STAR EDITOR MESPT to SACCOs: there is need to re-think green ?nancing 52
portfolios
Ngumbo Njoroge
ngumbonjoroge@kuscco.com Ask the Lawyer 54
Pictorial 56
Leisure 58
Exhale 60

2nd Flr, Kenwood Hse, Kimathi Street KUSCCO REGIONAL OFFICES
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Cell: 0722 793 948; 0727 836 878 SACCO Star is published by: KUSCCO LTD.
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