Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Peter Otuoro Stakeholders in the cooperative movement aired the major challenges facing the movement to the new government through the new Cooperatives & MSMEs CS Simon Chelugui and PS Patrick Kilemi. Speaking during a consultative meeting on the realignment of cooperative and Saccos activities held by the Cooperative Alliance of Kenya at Sawela hotel…
By John Majau Dairy farmers have been urged to stop relying on rain for farming and to instead embrace irrigation. Meru Dairy Union CEO Mr. Kennedy Gitonga asked farmers to start thinking of irrigation since farmers in areas like Netherlands, Israel and USA do not rely on rainfall. “Our farmers should emulate this by using…
By Emmanuel Gwakoi Gusii Coffee Farmers Cooperative Union (GCFCU) Chief Executive Officer Robert Mainya has disclosed that coffee hawking has affected operations of coffee farmers’ cooperative societies and farmers earning. Speaking to Education News in his office, Mainya argued that farmers who sell their produce to middlemen and private millers deny the cooperatives the chance…
By Azael Masese Outgoing State Department for Cooperatives Principal Secretary (PS) Ali Noor Ismail is a happy man. Despite missing out on nominees list for PS positions in the new government, he has no bones to pick with anyone as he says the cooperative sector under him achieved a lot. He had expressed interest to…
By Azael Masese Savings and Credit Cooperative Societies (Saccos) are increasingly following in the footsteps of commercial banks by using personal security such as title deeds and log books instead of guarantors when issuing loans. An analysis by Sacco Review indicates that the number of Saccos giving members the option is on the rise and…
By Paul Ngugi Ruo Education, training and information, the fifth Cooperative principle, was established and adopted by the International Cooperative Alliance and later embraced locally through the enactment of the Cooperative Act. The goal and objective of this principle is to ensure that cooperative members understand their responsibilities and rights. The principle is to also…
By Robert Nyagah Stakeholders from transport Saccos in Embu County have petitioned financial institutions, especially banks, to review their lending structures to make them friendlier to borrowers and guarantors. Former Manyatta MP Mr. Emillio Kathuri, a founder member of Neno Sacco and the chairman of the Sacco’s Welfare Committee, noted that many loan beneficiaries and…
By Obegi Malack obegimalack@gmail.com Magadi Road Zone Online Drivers Sacco members have been challenged to join workers union for protection of their rights, improvement of their wages and good working conditions. Transport Workers Union Kenya (TAWU)had held a meeting with the Sacco members in Siron Place Ongata Rongai and educated them on importance of joining…
By Victor Ochieng’ In the book Managers as Mentors, Chip R. Bell uses the acronym SAGE to summarise mentorship. ‘S’ stands for surrendering. This entails the leveling of learning and the kindling kinship as the mentor establishes rapport with mentee. ‘A’ connotes acceptance. This is the creation of a safe haven for risk-taking. The process…
By Obegi Malack obegimalack@gmail.com Kenyans will now access Hustlers Fund after launch by President William Ruto on Wednesday at Green Park in Nairobi City. Hustler Fund borrowers will use *254# to access the fund, they will access the fund from leading network telcos Safaricom, Airtel and Telekom. To be eligible for the fund one must…
