Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The recent heart-rending media reports on the sorry state of Koyasa Dispensary located in Kibish Sub-county of Turkana County left many Kenyans marveling at the way residents of that region survive in terms of healthcare. It was reported that the Dispensary in question was designed to serve a total of 5000 villagers but they had…
Residents of Bungoma County have supported the proposal on zero taxation on farm inputs such as fertilizer. The residents participated in The National Assembly’s Departmental Committee on Finance and National Planning public participation on six (6) business related Bills that are currently before the National Assembly for consideration. The residents further asked the committee to…
The Department of Gender, Youth, Sports, and Social Services held a press briefing to announce the upcoming launch of the Nyeri County Youth Development Policy 2023. The event is set for November 29, 2024, at Moi Nyeri Complex School. Led by Gender CECM Esther Ndung’u, the briefing highlighted the policy’s transformative agenda aimed at addressing…
Cabinet Secretary for the Ministry of Cooperatives and MSMEs Development, Wycliffe Oparanya, has urged cooperative movement stakeholders to come up with actionable ideas to propel the cooperative sector forward. Oparanya, who was addressing the cooperative movement stakeholders during the 3rd Annual Cooperative Movement Stakeholders’ Forum held from 18th to 22nd November 2024 in Naivasha, said…
Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya has instructed Commissioner for Cooperatives Development to develop a Dividend Policy for Cooperatives that will ensure that no cooperative borrows to pay dividends. The CS who was speaking in Nairobi during the launch of the strategic plan 2023-2027 for new Kenya Planters Cooperative Union (KPCU) said the…
Savings and Credit Cooperative Organizations (SACCOs) have long been heralded as engines of financial empowerment, particularly in underserved and emerging markets. They provide a lifeline for millions by offering affordable credit, encouraging savings, and promoting economic inclusion. Yet, like any other financial or corporate institution, SACCOs are not immune to the inherent cycles of growth,…
More than 100 Boda Boda riders have been enrolled for a driving course upon which they will graduate as professional riders after three months of continuous training at Mnagei Driving School in West Pokot County. Speaking during the inauguration of the course, the West Pokot women representative, Hon Rael Aleutum, asked the drivers to work…
African Confederation of Cooperative Savings and Credit Associations (ACCOSCA) in close collaboration with the Africa Co-operative Development Foundation (ACDF) held 2nd International CEOs’ Credit Union Summit in Africa. The selected global Cooperative business leaders convened in Zimbabwe, Botswana, and Zambia to unpack strategies to foster the growth and development of SACCOs in Africa. The leaders…
Bungoma Governor Kenneth Lusaka has revealed plans to restructure cooperative societies to boost their efficiency and allow them support farmers more effectively. Speaking at a burial ceremony in Kabuchai constituency, Lusaka underscored the critical role that cooperatives play in empowering the local farming community and lifting the region’s economic prospects. “Cooperative societies are the lifeline of farmers’…
In recent years, Savings and Credit Cooperative Organizations (Saccos) have become increasingly vital to the financial wellbeing of many Kenyans. They have allowed individuals, families, and small businesses to access credit, grow their savings, and benefit from cooperative economic models that prioritize mutual success over pure profit. However, as Saccos continue to evolve and introduce…
