SASRA has aligned its Strategic Plan with the Government’s Economic Transformation Agenda through the Bottom-Up Economic Transformation Agenda (BETA).
The Authority’s senior management and heads of units, led by CEO Peter Njuguna, reviewed Key Strategic Objectives, Strategies, and Activities to ensure their alignment with the guidelines for the preparation of the fifth-generation strategic plans. Professionals from the Kenya School of Government and the State Department of Co-operatives guided the team. After receiving constructive feedback from the board, the document was finalized and approved, awaiting the launch.
The Authority recognizes the critical role that Saccos play in savings mobilization and provision of credit to members at the bottom of the economic pyramid. To ensure their sustainability, the Authority will implement succinct strategies.
Additionally, SASRA Board Chairman Jack Ranguma signed the Performance Contract for the year 2023/24 on behalf of the board and CEO Peter Njuguna on behalf of the management, aligning the Authority’s priorities with the Kenya Kwanza Government’s Transformation Agenda. Their vision is to achieve sustainable social and economic development by strengthening Saccos to realize a financially inclusive, member-centric, and stable Sacco industry.
