Mwalimu Sacco taps NCBA to rev up salary processing

Business
By James Wanzala | Jun 18, 2026

Mwalimu National DT Sacco during the unveiling of a Salo Xpress, a partnership with NCBA Bank aimed at enhancing access to convenient and innovative financial solutions for its members, in Nairobi, on June 18, 2026. [Benard Orwongo, Standard]

Teachers and members of Mwalimu National Deposit Taking (DT) Sacco are set to experience faster salary processing following the launch of "Salo Xpress," a digital payroll management solution powered by NCBA Bank.

The new platform is designed to eliminate the midnight and 3am salary delays that have historically inconvenienced the Sacco's vast network of educators and Teachers Service Commission (TSC) members.

By moving to NCBA Bank Kenya, Mwalimu National Sacco intends to replace cumbersome administrative hurdles with a seamless, digitised process.

The Salo Xpress system addresses a growing institutional demand for transparency, convenience, and real-time visibility throughout the entire payroll cycle. Organisations can now execute transactions instantly while maintaining stringent control over the process, ensuring timely payments to their workforce.

Key operational benefits include real-time tracking of posting status, automated reconciliation reports, and drastically reduced turnaround times.

Speaking during the unveiling of the system, Mwalimu Sacco Chief Executive Kenneth Odhiambo said the solution represents a fundamental shift in how educational and institutional payrolls are administered.

“Salo Xpress demonstrates the sacco's commitment to innovation and delivering practical solutions that respond to the evolving needs of organisations,” said Odhiambo, noting that institutions are actively seeking greater speed, accuracy, and administrative visibility.

“By streamlining payroll processes, we are enabling organisations to save time, reduce operational bottlenecks, and access real-time information for better decision-making.”

The technology transforms the salary posting timeline, allowing members to access their funds at the earliest possible convenience rather than waiting through the middle-of-the-night processing cycles of the past.

The deal underscores Sacco's broader strategy of leveraging digital partnerships to deliver value and improve the financial user experience. NCBA Bank’s Director of Corporate and Investment Banking Advisory Sankul Mandavia, reaffirmed the bank’s commitment to supporting Saccos through innovative banking solutions.

“The solution relieves manual interaction, improves turnaround times and gives the sacco greater visibility and control over the payroll process, while to the paymasters it gives them a simpler and more efficient process, quicker access to salaries by members, and that is what technology should do,” he said.

Beyond payroll management, Mandavia said that NCBA continues to provide tailored sacco solutions that support operational efficiency, liquidity management, digital transformation, and sustainable growth within the cooperative sector and is proud to collaborate on a solution that delivers greater convenience and value to organisations across Kenya.

Mwalimu National Sacco Chairman Joel Gachari said that members should expect to get their salaries by 5pm, after TSC prepares and releases the national payroll to the Sacco’s Front Office Savings Activity accounts.

“The new product reaffirms our commitment to the growing needs of members, partners and institutions and responding with solutions that make operations more efficient, seamless and more impactful,” said Gachari. 

Share this story
Asharami to breakground on KPRL, gas terminal in October
Nigeria’s Asharami Synergy is set to start construction of the 30,000 metric tonne cooking gas storage facility at Kenya Petroleum Refineries Limited in Changamwe in October.
New deal to give KDF home loans
Over 50,000 active military personnel have been onboarded into the Civil Servants Housing Mortgage Scheme in a new partnership that seeks to make home loans accessible to the uniformed officers.
20 African nations approve formation of a regional maritime university
More than 20 countries from Eastern, Southern and Northern Africa have supported plans to establish the region's first maritime university aimed at pooling scarce resources.
US unveils new 25 per cent tariff on certain imports from Brazil
The United States has announced on a new 25 percent tariff on various imports from Brazil, accusing the Latin American giant of unfair trade practices and policies.
Eviction looms for Athi River squatters as August 15 deadline nears
The East African Portland Cement Company (EAPC) has given squatters living on its vast tracts of land in Athi River until July 28 to regularise and pay the firm by August 15 or risk eviction.
.
RECOMMENDED NEWS