Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Kamau Njoroge Consulting firm KCL has announced its partnership with Canadian firm Grand Challenges Canada (GCC) in its role as an enterprise support organisation for GCC’s latest request for proposals. The call for proposals is targeting innovative ideas in the climate and health nexus as it seeks bold solutions that address the human health impacts of climate change in low-…
By Mutuvi Janet Integrated Community Organization for Sustainable Empowerment and Education for Development (ICOSEED) has urged farmers in Kirinyaga County to embrace biotechnology in farming activities to boost food production and fetch more profit. Patrick Gitari, chairperson of ICOSEED has said that farmers will be taken through by the non-governmental organization on how GM technology…
By Kamau Njoroge Karibu Kenya Ventures Limited, a regional microfinance company based in Thika, has rebranded into Incredo Finance as it seeks to spread its wings in the financial services industry. The microfinance, which mainly targets Micro, Small and Medium Enterprises (MSMEs), is seeking to grow its customer base to 50,000 in a span of…
By Obegi Malack obegimalack@gmail.com The Central Bank of Kenya (CBK) has announced reinstatement of charges on transactions between mobile money and bank accounts starting January 1, 2023. The charges were waived on March 16, 2020 as part of the emergency measures to encourage the use of mobile money at the height of the Covid-19 pandemic….
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…
