Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Azael Masese The State Department of Co-operatives will soon disburse about Sh170 million to Sot Tea Growers Sacco (Stegro) to revive its operations. This is part of the Sh300 million debt waiver earmarked for the Bomet County based society whose operations were grounded due to illiquidity challenges. Senior Deputy Commissioner Geoffrey Njang’ombe said they…
By Azael Masese Majority of the Sacco actors will turn to Co-operative Education Days to refocus on their growth prospects in the face of hard economic times due to a lingering pro election mood. Globally, this is considered a critical principle in the cooperative movement, as it cultivates a people participation approach in the management…
Midlands Mr Charles Mutai is the new Midlands Sacco board chair, taking over from Mr Wesley Korir. Based in Bomet County, Midlands has a membership of over 18,000 and Mutai is expected to play a vital role in increasing the number, giving a figure of 1,000 as their yearly target.
The government is yet to appoint a new cooperative commissioner for Migori County. Mr Hezron Getui retired from the position towards the end of June 2017 and Mr Abraham Amugune has been in serving in an acting capacity for more than a year now.
Winas Sacco has appointed Pauline Mwaniki as a CEO, replacing David Kariuki, who was elected Embu Deputy Governor. He has been acting in that capacity for two months. Winas chairman Robert Kithanju said they had settled on Mwaniki after she emerged the best in interviews. Speaking during the sacco’s children’s Fun Day held at University…
Kenya Police Sacco Society Chairperson David Mategwa recently received an Honorary Distinguished Award from the African Confederation of Savings and Credit Associations. This was at the 18th SACCA Congress held in Lilongwe, Malawi, whose theme was “Disruptors: Competitive Economy for Human Empowerment”. The event took place between October 25 to 27, 2017.
Robert Shibutse, the immediate former CEO of Mwalimu Sacco has called it a day after an eventful three years at the society. He introduced innovative products and oversaw the construction of the landmark Mwalimu Sacco Towers which is now the head office at Upper Hill, and left after his contract expired and could not be…
KUSCCO has appointed Mercy Njeru as its Advocacy Manager in charge of KUSCCO’s core objective of advocating for Saccos in Kenya. She is a PhD student in Leadership and Governance, a holder of an MBA in Strategic Management, BBA Accounting and Finance and a Diploma in Co-operative Management. Mercy was formally the Chief Executive Officer…
Homa Bay County Governor Cyprian Awiti has appointed former Chief Executive Officer of the Sacco Societies Regulatory Authority (SASRA), Carilus Ademba as the Executive Committee Member for Trade, Industrialization and Enterprises. Awiti said that he has based his appointment of Ademba on his professional qualifications and regional balance. Ademba hails from East Karachuonyo, Homa Bay…
Deputy Governor Wesley Rotich of Elgeyo Marakwet County is one of the personalities in the co-operative movement who has joined politics. Rotich served in the County Department of Tourism, Trade, Co-operatives and Energy as a Director incharge of Co-operatives. He is credited with initiating a revival plan of dormant Co-operative Societies in Elgeyo Marakwet which…
