Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Munene Maina Rural-based Gastemeco Sacco has now changed its name to Biashara Tosha Sacco as it sets out on a new growth path that will enable the Society become more reputable, expand its reach beyond Embu County and improve service delivery to members. Biashara Tosha, established, eleven years ago in Manyatta Sub County, Meru,…
By Boniface Mulu Kitui County Government has constructed 16 honey processing factories for local beekeeping cooperators, a juice processing factory for the Mwingi Horticulture Farmers Cooperative Society Limited in Mwingi sub county, among other projects. County Trade, Industry, ICT and Cooperatives Development CEC, Jonah Mwinzi, said the county government has also purchased a milk cooler…
2NK Sacco has patnered with The Nyeri Hospice and Tumutumu School for the Deaf along with schools and homes that cater for people with special needs as a way of giving back to the community according to the Sacco Chief Executive Officer, Ann Nyawira.
By Ndichu Kamau The Kiambu County Government is keen to draft laws that will ensure Savings and Credit Co-operatives respond to the economic needs of local residents. This disclosure was made recently by Gerald Githinji, Kiambu County Deputy Governor who is also the County Co-operative Minister. He said that plans are underway to make laws…
By Joseph Mukubwa Nyeri matatu Saccos have complained over unfair competition from rivals. This has led to a situation where these matatu operators are losing out on their daily earnings as fares fall even with an increase in the cost of fuel. “It is now survival for the fittest for us while commuters are celebrating…
By Elijah Nyaanga The Kisii County Government has been accused of neglecting the Cooperative sector by not allocating resources to facilitate its activities and finance members. Speaking during the July 2 County’s Ushirika Day celebrations held at the Gusii Coffee Cooperative grounds in Kisii town, Development Committee Chairman, Stephen Ogamba challenged the Government to factor…
By Staff Writer There used to be a day when it would take one a whole day to travel from your house to the nearest Sacco branch, transact, paybills and travel back. Nowadays, you can transact and paybills on your phone in under 2 minutes and get on your business. Tangazoletu Limited, a Kenyan ICT…
By Makoma Musyoka Universal Traders Sacco has introduced a Check Off Loans product to better service delivery and attracts more members. The product enables salaried members to access loans through pay slips. Check Off loans are available to employees whose employers have signed an agreement with a lending institution. Sacco Board of Directors Chairman Simeon…
By Our Reporter Kilifi County Secretary, Bibi Fondo has said Sh95 million will be allocated to women, youth and people with disabilities through Saccos to improve their living standards. Speaking during the official closing ceremony of Imarika Sacco Special Delegates Meeting recently Fondo said that many people in the country have managed to accomplish their…
By Tsozungu Kombe More than 50 officials from nine newly registered Saccos in Kwale County recently underwent training on financial management. The two-day induction course was conducted by the Kwale County Government to enable them manage their Saccos in a more effective and efficient manner. Kwale County Government Trade and Co-operatives Director, Mr. Nyamawih Charo…
