Tower Sacco marks golden jubilee with four national Ushirika day awards
The Mt Kenya Times 
Tower DT sacco officials holding trophies awarded to the sacco during ushirika day celebrations.
By Felix Njenga
Tower (DT) Sacco capped this year’s 104th Ushirika Day celebrations with a strong showing on the national stage after scooping four prestigious awards, reinforcing its reputation as one of Kenya’s leading cooperative financial institutions.
The Sacco was among the top performers during the National Ushirika Day celebrations held in Nairobi last Saturday, where it was recognized for outstanding performance in operational efficiency, innovation, risk management and overall institutional growth among employer-based deposit-taking Saccos with assets exceeding KSh30 billion.
The Sacco emerged as the Most Improved DT Sacco in its category. It also received the Second Best Efficient DT Sacco award, Second Best DT Sacco in Risk Management, and Third Best DT Sacco in Technology Optimization, highlighting its consistent investment in sound governance, digital transformation and prudent financial management.
The recognition comes as the Sacco celebrates its Golden Jubilee under the Tower@50 campaign, marking 50 years of empowering members, families and communities through affordable financial services and the cooperative model.
Speaking as the country marked the International Day of Cooperatives, the Sacco dedicated the awards to its members, saying their unwavering confidence and loyalty have been the driving force behind its sustained success.
“As we celebrate Ushirika Day, we appreciate and celebrate our members for being part of our journey and making us the number one Sacco in Kenya. Your trust and support have made these achievements possible,” the Sacco said in a statement.
It noted that it continues to reward its members through attractive returns, having declared 20 per cent dividends on share capital and 13 per cent rebates on share deposits, placing it among the country’s top-performing Saccos in member returns.
The institution said the impressive financial performance reflects disciplined management, strong capitalization and a commitment to ensuring members receive maximum value from their investments while enjoying quality financial services.
The latest awards also underscore Tower Sacco’s strategic focus on strengthening risk management systems and embracing technology to enhance service delivery in an increasingly digital financial environment.
Over the past five decades, the Sacco has grown into one of Kenya’s largest deposit-taking cooperative societies, providing savings, credit and investment solutions to thousands of members while contributing significantly to the country’s cooperative sector.
Management reaffirmed its commitment to maintaining the highest standards of integrity, innovation and operational excellence as it positions the institution for continued growth in the years ahead.
With four national trophies added to its cabinet and a 50-year legacy of service, Tower Sacco enters its next chapter with renewed confidence and a firm commitment to its enduring promise to members.
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