Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Erick Nyayiera KUSCCO director David Ogega has said that high leadership turnover was killing Saccos in the Nyanza region. Ogega who was speaking during Taraji Sacco’s 40th AGM held in Siaya recently, advised various Sacco members to consider maintaining leadership so as to guarantee steady growth. “Nyanza region Saccos faces a high rate of…
By Our Reporter Residents of Siaya County have been asked to form more rural based savings and credit co-operative societies to help them in tapping the various development opportunities. Wilfred Ongoro, a Director of Co-operative Bank observed that a lot of opportunities like the sorghum farming which is currently being supported by the Kenyan Breweries…
By John Ochieng The National Government has handed over to locals a fish processing plant in Rongo Sub-county which was established at a cost of Sh92million through Economic Stimulus Programme in 2010. Director Harun Khator, while officially handing over the plant at Opapo in Rongo, called on the community to invest in fish ponds to…
By Stephen Makabila and Azael Masese A directive by the Government that Sacco board directors should not be paid honoraria or a send off package has raised a storm in the vibrant co-operative sub sector. Board chairs who spoke to Sacco Review noted that the two packages are only meant to reward and recognise the…
By Munene Maina Saccos across the country have introduced a raft of measures to tame the increasing number of loan defaulters. Defaulters in the co-operative movement now risk having their assets seized by the Government to recover the monies owed to the respective savings and credit co-operative societies. The Deputy Commissioner, Geoffrey Jang’ombe said defaulters…
By Our Reporter The Kenya National Union of Co-operative Staff (KNUCS) has finally overcome legal hurdles to operate in the country, ushering in a new lease of life for workers in the co-operative sector. The Registrar of Trade Unions E.N Gicheha in a letter dated February 2, 2018, addressed to KNUCS lawyer George Miyare, gave…
By Munene Maina Viktas Sacco is seeking to upgrade its current Management Information System (MIS) to a robust and scalable system that has both the Sacco banking system and ERP integrated. In a newspaper advertisements, the Sacco has requested for proposals for the supply, installation and commissioning of an integrated Sacco banking and ERP system….
By Our Reporter Kenya Highlands Sacco has put in place appropriate mechanism that ensures accountability of all transactions and engagements of the society. This is in addition to tight internal control mechanism to safeguard the assets of the Sacco. “We have also enhanced risk based audit and put in place an active directory to monitor…
By Munene Maina Farmers at Kesses sub-county,Uasin Gishu County, have been advised to join co-operatives for easy access to loans to pursue their dreams. The county governor Jackson Mandago said societies will enable youth to engage in productive activities that will provide them with income and revenue to the county. The County Agriculture Executive Samuel…
