Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Dennis Bett Boresha Sacco has launched a mentorship programme that seeks to empower the youth to be self-reliant and be job creators. Through Boresha Community Foundation (BCF), the Sacco has kicked off ‘Boresha Vijana’ programme. The programme aims at assisting the youth to create jobs and expand their income sources. It will also enable…
By Our Reporter Local financial and technology firm Apptivate Africa scooped best Digital Feeding programme in recently concluded Fin Awards 2019. The award recognizes innovative and disruptive FinTech companies across the continent. The firm was honoured for making a simple solution to solve major corporate and social challenges for employers, dubbed M-Kula, which use digital…
By Kage Njoroge Amica Sacco Chief Executive Officer James Mbui has advised cooperators to go take loans for development purposes. “Good loans help us seize investment opportunities when they arise, which give higher rate of return than the cost of loan taken,” he said. Mbui noted many Kenyans especially the youth fall into the trap…
By Wasike Elvis Deputy President William Ruto has called on maize farmers across the country to diversify and plant alternative crops. Ruto said crop diversification will help farmers increase their income base. “Let us think outside the box and plant crops such as coffee, avocado, and macadamia as they have a ready market locally and abroad,”…
By Josphat Irura IFRS 9 – Financial Instruments became effective on January 1, 2018 and immediately replaced IAS 39, Financial Instruments – Recognition and Measurement. It was meant to respond to criticisms that IAS 39 was too complex, inconsistent with the way entities managed their businesses and risks and that it deferred the recognition of…
