Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Rosemil Oduor A member of the Kenyan Union of Savings and Credit Cooperatives (KUSCCO) Sylvester Kadzola received a Distinguished Service Award (DSA) for his exemplary service to the international credit union movement. He was presented with the honour during World Council of Credit Unions conference in The Bahamas. According to WOCCU Kadzola sat on…
By Rosemil Oduor Maureen Njoroge is among the five credit union professionals from four different countries awarded scholarship by the World Council of Young Credit Union Professionals (WYCUP). The scholarship includes an all-expense paid trip to Los Angeles for the 2020 World Credit Union Conference. The WYCUP Scholarship programme is open to nominees who are 35…
By Andanje Wakhungu Acquisition of land has been cited as a major impediment in the implementation of Malava Housing Cooperative Society housing scheme in Kakamega County. According to Sacco chairman John Lumbatatia, the process of acquiring land has been so expensive making it difficult for the society to acquire and allocate parcels of land to…
By Kamundia Muriithi Amongst his age mates, Silvano Mbogo, 29, is one of the emerging successful entrepreneurs in Embu County with investments in transport, food and money lending business. Mbogo, 29, has a fleet of seven motorbikes, runs butchery -cum-rice business, and operates an informal money lending bureau, in addition to employing eight people. He…
High achievers in the Sacco business named By Jackson Okoth Kenya Police Sacco was voted the Best Managed Saving and Credit Co-operative Society countrywide during a prize-giving ceremony to mark the 97th of International Day of Co-operatives, held at Safari Park Hotel in Nairobi.
By Munene Maina Mr James Hari has a clear-cut vision. The Muki Sacco Chairman envisages a financially strong institution and prosperous members. His distinct plans include taking Muki Sacco to the top tier co-operative and assisting farmers in value addition of their produce for better income. But Mr Hari is not an overambitious person; he…
A recent presidential directive that an anti-fraud police unit be set up within Sacco Societies Regulatory Authority (SASRA) can best be described as a stich in time for a sector that is already bleeding profusely due to the action of a network of financial fraudsters, hackers and unscrupulous insiders. While a growing number of DT…
By Kiprono Moi Use of modern technology will boost farmers’ activities and improve on their income. This was the overriding message during the 10th Agribusiness Expo organized by Rift Valley Institute of Science and Technology (RVIST). The two-day exhibition was characterized by new technological innovations and attracted thousands of participants eager to learn new farming…
By Tsozungu Kombe Taita Taveta County has registered seven new Saccos according to Cooperative Development director, Erastus Gonzi. These include women Saccos, two Boda Boda Saccos and one farmers’ Sacco. He said that four other new Saccos are currently under the process of registration and urged residents to join co-operatives in large numbers to uplift…
By Florence Norah Poor leadership is to blame for the collapse of co-operative societies in Migori County Sony Sugar Sacco manager George Mboya noted many societies in the area have collapsed due to lack of good leadership skills denying the region development. Mboya, who was speaking during Ushirika Day celebrations, noted that the cooperatives create…
