Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Stephen Makabila Under the Big 4 Agenda of President Uhuru Kenyatta’s last five years in office ahead of his retirement in year 2022, the co-operative sector is expected to be instrumental in the achievement of these agenda namely- Food Security, Affordable Housing, Manufacturing and affordable Health Care for all. The Co-operative sector is supposed…
By Our Reporter All sub-counties in Kakamega County will have a fully-fledged Smart Dairy farm station at a cost of Sh20 million. Deputy Governor Prof Philip Kutima said the county government has embarked on a Sh240 million Smart Dairy farms initiative. So far the stations have been established in two sub-counties. The facilities have each…
By Godfrey Wamalwa Busia County Executive Committee Member for Trade, Co-operatives and Industrialisation Judith Maketso has lauded the management of Magombe Multipurpose Co-operative for the job well done. “Behind the floods in Budalangi there is something beautiful with potential that requires support from all the stakeholders,” she said. Maketso said the county government will fund…
By Azael Masese Failure by co-operative members to interrogate the performance of their respective organisations has been identified as a weakness that needs urgent remedy. Intriguingly, this happens even in Savings and Credit Cooperative Organisations (Saccos) where majority of the members are the elite, leading to embezzlement of members’ savings. State Department of Co-operatives Senior…
By Munene Maina The Government has moved with speed to avert money laundering within savings and credit societies. At a time when several banks were implicated in the infamous National Youth Service scandal for violating the law leading to loss of billions of public money, the Government wants to seal all loopholes that may allow…
By Munene Maina The National Coffee Co-operative Union (NACCU) has affirmed its support for Coffee Subsector Implementation Committee. In a press release, the union said it was fully behind the implementation committee led by Prof. Joseph Kieyah and supports the execution of all the eight pillars of the Presidential taskforce reforms report. It said the…
By Munene Maina The State Department of Co-operative has issued a notice to dormant co-operative societies to shape up or close shop. Permanent Secretary in the department Ali Ismail said they will liquidate all non-performing societies in the country. Statistics from government indicate that more than half of over 21,000 registered societies are inactive. In…
By Peter K. Angore Imarika Sacco has officially opened a new branch at Bamba trading centre. This brings the number of the Sacco’s fully fledged branches to seven. The new branch comes as relieve to the members and residents especially in the hinterland of Ganze Sub-county who will now get services closer home. Kilifi County…
By Kiptanui Rutto Chogoria Ward Member of County Assembly, Margaret Gitari has called on co-operative societies in the region to add value to the farmers’ produce. She said the societies should be a bridge between the farmers and the consumers. Speaking during the launch of Ndosha Light Industrial Park supported by Ndosha Sacco at Wiru…
