Sacco Review - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Joint Co-operative Conference 2024 to be held in Mombasa

Sacco ReviewJuly 22, 202403 mins

The 2nd Cooperative Movement Stakeholder’s Annual Conference and the Platform Cooperativism Consortium Conference 2024 organized by State Department of Cooperatives, Platform Cooperativism Consortium and The Co-operative University of Kenya will take place on 4-8 November 2024 in Mombasa. The pan-African PCC conference whose theme is “Digital Africa Rising” envisions a future where digital transformation is…

Agritech Leads AI Applications in Kenya, Reveals Report

Sacco ReviewJuly 19, 202405 mins

The adoption of cutting-edge Artificial Intelligence (AI) technology in Kenya is primarily focused on the agricultural sector. This includes the integration of machine learning to provide local farmers with data-driven insights aimed at optimizing productivity, as indicated by a recent report. According to the Global System for Communications Association (GSMA)’s ‘AI for Africa’ report, agriculture…

President Ruto to preside over first Kisumu Livestock auction this month

Sacco ReviewJuly 19, 202404 mins

President William Ruto is expected to preside over a livestock auction at this year’s Agricultural Society of Kenya (ASK) Kisumu Regional Show, slated for July 24-28 at Mamboleo Showground. The auction, which is being held for the first time in Kisumu County, will be a key attraction at the regional show, which has attracted over…

Kilifi Co-operatives urged to embrace Good leadership

Sacco ReviewJuly 18, 202405 mins

Kilifi County Governor Gideon Mung’aro has called upon all co-operatives in the county to embrace good governance structures to instill trust in their members stating that his government will fully support co-operatives by putting in place relevant and required laws and policies. Speaking during this year’s International Co-operative Day locally known as Ushirika Day which…

KDIC appeals court ruling regarding Ksh215 million premiums refund to Absa

Sacco ReviewJuly 18, 202405 mins

The Kenya Deposit Insurance Corporation (KDIC) has intensified its dispute with Absa Bank Kenya regarding a KSh215 million refund claim made by the bank, concerning purported over payments in statutory deposit protection fund premiums. The lender listed on the Nairobi Securities Exchange (NSE), filed a legal action against KDIC on October 14, 2023, requesting a…

Fertilizer imports decreased drastically this year, study shows

Sacco ReviewJuly 17, 202404 mins

The country’s fertilizer imports reduced by three- quarters ahead of this year’s main planting season with data from Kenya National Bureau of Statistics (KNBS) showing that approximately 143, 569.5 tonnes of chemical fertilizer were imported into the country during the first quarter of the year. The imports represented a 66.27 per cent decrease compared to…

UFAA has Sh. 60 billion unclaimed assets

Sacco ReviewJuly 17, 2024July 17, 202406 mins

The Unclaimed Financial Assets Authority (UFAA) has in its possession more than whooping Sh. 60 billion in terms of cash and assets which it intends to release to the legitimate claimants. UFAA Board Chairman Dr. Francis Njenga said the state agency has collected sh. 32 billion in cash and an additional sh 1.7 billion unit…

Audit private coffee millers to tame theft, Govt urged

Sacco ReviewJuly 17, 202404 mins

Meru Senator Kathuri Murungi has called on the government to audit all private coffee millers across the country following the increasing coffee theft cases. Speaking at Kariene in Central Imenti constituency, Kathuri who is also Senate Deputy Speaker urged the ministry of agriculture to move with speed and collect data on source and volumes of…

KRC boss faces imprisonment due to demolition of houses in Kisumu

Sacco ReviewJuly 17, 2024July 17, 202404 mins

Kenya Railways Corporation’s Managing Director, Philip Mainga, faces possibility of being imprisoned for his refusal to compensate residents of Kisumu village whose homes were demolished by the corporation three years ago. Environment and Land Court Judge Samson Okong’o ordered Mr. Mainga to appear in court on July 25, 2024 and explain why he should not…

Machakos Farmers Co-ops receive grant after locust invasion

Sacco ReviewJuly 17, 2024July 17, 202403 mins

Four farmers’ co-operative societies in Machakos have a reason to smile after the County government through the Emergency Locusts Response Fund (ELRF) gave them a grant meant to improve marketing of their farm produce in a bid to compensate them after the recent locust invasion. The societies each received a grant of Ksh500, 000 through…