Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Erick Nyayiera There is need for a uniform legislation to help manage the operations and management of co-operative societies. Kisumu County Co-operatives Commissioner Zephaniah Osok has observed that whereas the co-operative movement was fully devolved, counties have demonstrated lack of capacity to initiate and oversee improvement in the key sector. He opined that a…
By Andanje Wakhungu The County Government of Kakamega will spend over Sh 380 million in the purchase and distribution of subsidized maize and fertilizer to farmers. Deputy Governor Professor Philip Kutima stated that it was time the county started looking for alternative sources of income apart from the maize and cane farming. “We have already…
By Jackson Okoth Saccos in Nairobi have been challenged to position themselves and take advantage of the State’s Big Four Agenda investments especially on the housing sector. Nairobi County Executive Committee (CEC) Member in charge of Co-operatives, Wachira Gichohi, urged co-operative societies to position themselves to contribute towards achievement of the housing pillar in national…
By Rosemil Oduor Members of the co-operative societies will now have the responsibility of determining how long their leaders hold positions, acting Commissioner for Cooperatives Didacus Ityeng’ has said. He said with the introduction of a new draft co-operative policy, co-operatives will have more self-regulation. The new policy will only allow for government interference in…
Sacco paid dividends at 4% this year while interest on deposits at 5.5% this year. By Jackson Okoth A change in its executive suite, which saw the recruitment of a new Chief Executive Officer as well as Head of Finance, Investment and Strategy, combined with surgical spending cuts, is finally paying off for the giant…
By Rosemil Oduor President Uhuru Kenyatta is set to launch a Sh110 million banana processing and value addition plant in Taita Taveta. The plant is to be constructed with a grant from the European Union. Taita Taveta Banana Farmers’ Co-operative Society (TATABA) chair Constantine Malai asked farmers to embrace banana planting so as to enjoy…
By Jackson Okoth The curtain has already come down on the Annual Delegates or General Meetings by members of Deposit-Taking Saccos, this publication provides you with a list of some of the most rewarding financial societies in terms of what they paid members as Dividends on Share Capital as well as rebates or Interest on…
By Staff Writer Poultry farmers in Kiambu County have registered a co-operative society so as to fetch better prices for their produce and fight imports. The society is expected to provide breeders with affordable credit to increase production and quality. According to Zachary Munyambu, County Co-operative Society coordinator, 404 farmers from Kiambu have already registered…
By Jackson Okoth The theme of this year’s International co-operatives day, to be held on the first Saturday of July, is ‘Co-ops 4 Decent Work’. Participating co-op societies will be awarded based on their functions (Saccos, Housing and Investment Co-ops, Marketing Societies), sector (employer, agriculture or community- based) and also based on the size of…
Tangazoletu 2.0 Limited, one of the leading service IT service provider in the country, has organised an innovations workshop for Saccos in Nyeri county on May 10th, 2019 The workshop to be held at Nyeri’s Green Hills hotel, has the objective of bringing together to discuss trending innovations and adoptions, security and benefits to business…
