Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Kennedy Shivairo COTU Secretary General Francis Atwoli says the country needs vibrant Saccos and Societies to help individuals live a better life. Talking to Sacco Review at his office in Nairobi, Atwoli advised workers to form Saccos which can assist them grow through loans, adding that salaries offered by most employers were not enough…
By Our Reporter The agriculture sector is at risk of lowered productivity if the Government does not revert to zero-rated pesticides, according to Evelyn Lusenaka, Chief Executive Officer of the Agrochemical Association of Kenya (AAK). The organization has opposed the introduction of 16% VAT on pesticides saying the new tax will raise operations costs for…
By John Majau Tharaka-Nithi Deputy Governor Francis Kagwima has urged the youth in the area to form or join registered groups in order to benefit financially from the Government and donor funding. He said only registered youth groups will benefit from donor, national and county governments funding. Speaking to leaders at Ntunyai market, Kagwima said…
By Boniface Mulu The Chairman of the Kitui Horticultural Farmers Savings and Credit Cooperative Society Limited David Matheka has announced that the society’s share capital stands at Sh3.5 million. He said the society plans to raise the share capital to Sh10 million by the year 2020 and increase its membership to 500. Matheka said currently…
Kibugu Farmers’ Co-operative Society was awarded the overall prize for paying the highest average income per member in the county. The society emerged top in eight categories during the Ushirika Day celebrations in Embu County. It produced 2.56 million kilogrammes of cherry and was followed closely by Murue Co-operative with 2.25 million kilogrammes. The society’s…
By Boniface Mulu Kitui County Trade, Co-operatives and Investment Minister Philip Mumo has said that the co-operatives are an important and efficient instrument to create wealth and fight poverty. “They bring people together in a democratic and equal way and allow people to take control of their economic future,” the minister added. Mumo said that…
By Asa Maina Housing co-operatives have been urged to focus and broaden to outreach individual members so that they can join the corporate ownership of houses and improve the quality of their homes. The Chairman Nyeri County International Co-operative Alliance (ICA) celebrations committee Newton Nderitu said high interest charged on mortgages have made it difficult…
By Our Reporter The fight over a storey building-Sonyaco Plaza in Homa Bay town has escalated after two splinter groups renewed their acrimony over its management. The building is owned by members of Southern Nyanza Co-operative Society (Sonyaco). Trouble started in 1993 when the Sacco administration collapsed leaving members of Sonyaco Saving and Credit Co-operative…
By Martin Ruto Pokot Youth Bunge Organisation has made great strides in supporting education in West Pokot County. The organisation started its programme through piloting two zones in the county which include Kishaunet zone and Chemwochoi zone. The major aim of the Pokot Youth Bunge Organisation is to supply primary schools with learning and teaching…
By Benedict Ng’etich Strong and established savings and Credit Societies in Kericho County have been urged to assist small marketing societies by giving them soft loans. The Kericho County Director of Co operatives Leonard Otii pleaded with the strong saccos to extend the support in order to grow their businesses reach and also lift the…
