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Sacco members dwindle as multinationals lay off staff

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…

Coffee societies seek waiver as farmers feel the pinch

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…

Co-operative sector receives Sh 4.6bn

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…

BARINGO: Boresha Sacco trains members on products, entrepreneurship

By Enock Kipturgut Boresha Sacco members have a reason to smile fol- lowing the management’s educational cum interactive meetings aimed at keeping them a breast with the Sacco’s new products…

Vision Africa Sacco launches ATM services

By Wesley Ken Vision Africa Sacco Ltd has launched ATM services to ensure efficient and effective de- livery of quality products and services to members. It unveiled the services in…

Coop Commissioner: Target youth market or perish

Gichuki also asked Saccos to incorporate youth and women in their leadership structures as a way of boosting membership from these two groups. Speaking during an Exclusive interview with the…

Others fear holding up funds in investments

UN Sacco, one of the most liquid in the industry, has also decided to play safe. “Our investment wing is still a baby. So what we concentrate on is buy…

41,000 people join Saccos in Kajiado County

By Isaac Lenkou The Kajiado County Government has disclosed that over 41,000 people have joined Co-operatives in the last three years. The Societies transaction total business worth Sh 470 million.…

Kakamega: IG Sacco beats worthy competition to take crown

IG (Invest & Grow) Sacco formerly Kakamega Teachers Sacco is the 2016 best overall Sacco in Kakamega in the International Day for Cooperatives after scooping seven awards out of the…

Boresha Sacco targets Sh500 million in shares drive

By Jackson Okoth Boresha Sacco Society Limited with its headquarters in Eldama Ravine has begun selling shares to its members. The Society aims to raise a minimum of Sh500 million…