Fostering commitment among chama members is quite crucial.  A chama, also known as an investment club or savings group, thrives when its members are actively committed to the group’s activities.  Chamas offer platforms where members can pool resources and invest... View Article

Despite their focus on finances as their primary goal, we cannot ignore the impact of chamas on social cohesion and community development. In Kenya, chamas are investment groups that are a common and popular way for people to come together... View Article

Chama taxation refers to the taxation of income generated by investment groups or social savings clubs, commonly known as “chamas.” These groups may be subject to taxation depending on their legal status and the amount of income earned. It is... View Article

What is a Chama Legal Framework? A Chama legal framework refers to the set of laws and regulations that govern the operation of Chamas, which are informal savings and investment groups popular in Africa. The framework outlines the legal requirements... View Article

In recent years, we have embraced fintech regulation to ensure that fintech companies are operating in a safe and transparent manner. Generally, fintech companies are companies that use technology to provide financial services. The companies have leveraged technology to provide... View Article

Theme: Exploring the fintech ecosystem and the future of finance Recently, Martin Njuguna, CEO of Chamasoft Limited, presented at a fintech breakfast event. He managed to share insights on digitizing chamas and the long journey that Chamasoft Limited, as a... View Article