PTS SACCO Announces Record 18% Dividend at 2026 Annual General Meeting
The 2026 Annual General Meeting of PANGANI TEACHERS SACCOS LIMITED convened on a sunny Saturday in Kibaha, bringing together hundreds of enthusiastic members, board directors, and invited guests for a day of celebration and reflection. The highlight of the event was the announcement of an 18% dividend on member savings — the highest in the SACCO's history.
The Chief Executive Officer presented a comprehensive annual report showcasing a 42% increase in total assets, a 28% rise in the loan portfolio, and the onboarding of more than 3,500 new members during the financial year. She credited the achievement to the trust and consistency of members who continued to prioritise savings even amid economic headwinds.
Key highlights from the AGM included:
- Record dividend of 18% credited directly to member savings accounts within 30 days.
- Expanded branch network with three new service points opening in Bagamoyo, Mkuranga, and Kibiti.
- New welfare initiatives including a medical assistance fund and a scholarship programme for members' children.
- Digital transformation milestones with the upcoming launch of the mobile banking app.
- Sustainability commitments including green energy adoption at the headquarters and paperless operations by 2027.
The meeting also featured a lively Q&A session where members asked thoughtful questions about loan products, investment strategies, and future expansion plans. The management team responded with transparency, reinforcing the SACCO's culture of open communication and shared prosperity.
As the AGM concluded, members left with souvenir hampers, a renewed sense of belonging, and the confidence that their financial future was in capable hands. PTS. Ltd remains firmly committed to its motto: Empowering teachers through savings and credit.