Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Unga Holdings Ltd has launched a new fish feed for fish farmers. The firm’s General Manager, Mr Dickson Jawichre, speaking during the launch of the fish feed in Siaya town recently said the feed will help boost fish production among small scale farmers keeping fish in ponds as well as those using cages. The pellets…
By Obadiah Oroko Parents have been urged to encourage their children to embrace saving from a tender age. The call was made by Gusii Mwalimu Sacco Chief Executive Officer (CEO), Charles Omwansa who added that it is important to teach them important life skills so they could grow into responsible citizens. He challenged parents to…
By Kamundia Muriithi Winas Sacco has constructed an ultra-modern office building at Kiritiri market centre in Mbeere South which will host its operations starting this year. The rest of the office space will be rented out to the local business community. “This is our first plaza constructed by us since the inception of our great…
By Wesley Ken Solution Sacco Limited has formulated its strategic plan targeting to grow total assets to Sh10 billion by the year 2020. This Strategic Plan focuses on key strategic areas that will steer the Society into greater heights. The overall objective of the strategic plan is to enable the Society be financially stable and…
By Kiptanui Rutto Mhasibu Sacco Chairperson Andrew Bulemi and Treasurer Charles Miricho have once again won the hearts of their members for being re-elected to office in a much hyped elections that attracted 10 contenders. Speaking during the event, a long serving financial coach Patrick Wameyo who was the guest speaker lauded the Sacco board…
By Our Reporter Forty per cent of the population of the Kenyan youth is currently unemployed. This was revealed by chairman of Parliamentary Committee on Trade, Industry and Cooperatives Development Kanini Kega . He said the problem has remained unresolved for many years and is ever growing. Kega was speaking during the official opening of 3rd…
By Tsozungu Kombe Sacco model through members’ savings should be used to source funds to incubate and grow agro-enterprises and boost value addition, Kenya Union of Savings and Credit Co-operatives Managing Director, Mr George Ototo, has said Speaking during the 3rd Annual Sacco Leaders Convention held at Sarova Whitesands Beach Hotel in Mombasa county recently,…
By Obegi Malack Private security guards will now be able to access cheap credit facility. This is after National Service and Walinzi Sacco Society announced plans to start giving members loans. The Sacco has over 1,000 members. It draws membership from the private security industry, which has over 500,000 employees. The Saving and Credit Co-operative…
By Munene Maina Saccos are increasingly becoming easy targets for cybercrime, a situation that threatens reputational risk of the sector. The Permanent Secretary in the State Department of Co-operative, Ali Noor said cyber-attack was not new in the co-operative sector This followed revelation by Kenya Union of Savings and Credit Co-operatives Managing Director George Ototo…
By Staff Reporter Kenya Police Sacco Society’s financial performance continued to grow on a positive trajectory. According to the Sacco’s Financial Statement for the year ended December 31st 2017, overall asset base grew by 21 per cent, rising to Sh24.2 billion compared to Sh20 billion that was recorded in 2016. Member deposits grew to about…
