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SACCO Societies Act 2008 is an act of the Parliament of Kenya to make provision for licensing, regulating, supervising, and promoting savings and credit cooperative societies (SACCO) and establishing...
Financial services combined with affordable technologies and digital systems have expanded opportunities for millions of people in Africa. Many African countries are recognizing the importance of...
Stian Andreassen, the former CEO of Digital Garden AS and the Advisory Board Member at Wakandi Group AS, has been appointed as the Chief Product Officer (CPO) at Wakandi. We welcome onboard Stian to...
The savings and credit cooperative societies have made significant progress in money lending since their inception. They have been providing savings and credit services to their members, making...
The role of cooperatives like savings and credit cooperatives (SACCOs) towards the unbanked has been critical. These cooperative societies have been providing financial support to millions of people...
Technology has been transforming businesses across the globe and there is no stop sign. Industries are witnessing innovation through technology that is changing their products, processes, and...
Financial fraud is a notable threat impacting the growth of SACCOs and cooperative societies in Kenya. There have been several cases of theft and misappropriation of funds in previous years.
The sudden emergence of coronavirus dealt a severe blow in African countries causing a rapid economic contraction. The pandemic impacted business across industries, including the finance sector. Now,...
We are pleased to announce the inauguration of our new office located in Dar Es Salaam, the largest city and the former capital of Tanzania. It is a big milestone for the company as it will help us...
Wakandi Tanzania Ltd has proudly signed a contract with the leading digital lifestyle company, Tigo Tanzania to offer savings and credit cooperatives (SACCOs) a digital payment and savings platform....
COVID-19 brought substantial disruption in the finance sector in Kenya. Kenya’s GDP growth slowed down to -0.3% in 2020 – a record low since 2008. Banking operations and financial performance were...
Savings and Credit Cooperative Societies (SACCOS) have remained at the forefront of mobilizing savings for millions in Kenya. They have resulted in a huge impact on financial inclusion in Kenya,...
