Cabinet Secretary for cooperatives and macro small and medium development Simon Chelugui has challenged Sacco cooperatives across the country to embrace innovations and technology to help increase their accessibility and visibility.
Chelugui said harnessing the power of technology and innovation to deliver the cooperative value proposition is a game changer for cooperatives.
“Technology and innovation will power growth and create new opportunities in the business environment in the cooperative,” he said.
He tipped cooperatives to ensure they choose the adoption of appropriate technology that will ensure they reap maximum benefits.
The CS said cooperatives must ensure they choose technology that will simplify cash and other financial service delivery to their customers besides reducing risks and fraud while enhancing cyber security.
“They should create a new ecosystem to deliver tech-driven financial services since these benefits will create synergy and deliver the cooperative value proposition,” he said.