Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Tsozungu Kombe Youth and women in Kilifi County have been urged to join Saccos to improve on their economic status. Speaking to Sacco Review in Kilifi town recently, County Cooperative director, James Mwasi said that negative attitudes towards has denied the groups social and economic empowerment. He urged residents to join Saccos saying they…
By John Majau Meru County Assembly has passed a motion that will enable the county government to set aside funds to support miraa farming. The motion moved by Naathu MCA Samuel Mutura intends to mainstream activities to add value to the county’s cash crop. The three sub-counties: Igembe North, Igembe South and Tigania East are…
By Felix Wanderi Kenya National Union of Teachers (KNUT) Secretary-General, Wilson Sossion has called upon teachers to support Saccos as they have a huge impact on their economic stability. He was speaking in Kiambu town during the annual general meeting of KNUT Kiambu East branch, where he told the teachers to be loyal to their…
By Benedicto Ng’etich Kericho County Director of Cooperatives Leonard Otii has advised Saccos affiliated to giant multinationals to device other means of survival in the face of dwindling membership. Otii expressed fear over the survival of the societies after the parent companies started early retirements of employees due to what has been seen as the…
By Kamundia Muriithi Twenty-four co-operative societies in Embu County are struggling to pay a Sh90 million loan borrowed five years ago to set up a coffee mill that has since stalled. The debt has ballooned to Sh127 million as most societies are unable to service the loan. Each society was to pay Sh3.8 million, while…
By Jackson Okoth The State Department for Co-operatives has received increased funding in the financial year 2019/2020, to enable it finalize review of the National Cooperative Policy, Cooperative Societies Act and provide support for the coffee and dairy industry. The Department is expected to build capacity of County Governments to ensure it handles the Co-operatives…
