Sacco Review - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Govt to digitize 80 per cent of state services, CS Owalo says

Sacco ReviewJune 27, 202403 mins

Cabinet Secretary, Ministry of Information, Communications, and the Digital Economy, Eliud Owalo has said the government is planning to digitise at least 80 per cent of public services and make them available in a one-stop shop, the e-Citizen platform. The CS who was speaking during opening the East African Communications Organization (EACO) 29th Annual Assemblies…

Government promises not to interfere with elections of KTDA directors

Sacco ReviewJune 26, 202403 mins

The government has assured smallholder tea farmers that it will not meddle in the elections for the directors of tea factories scheduled for Friday June 28. Agriculture Cabinet Secretary Mithika Linturi gave the assurance to the farmers at Githongo tea factory in Central Imenti, Meru County. In the past, farmers and other stakeholders had accused…

Nyanza investment conference postponed

Sacco ReviewJune 26, 202402 mins

The Nyanza international investment conference which was scheduled to take place from Friday June 28 has been postponed indefinitely. According to a press statement from the organizing committee, the event scheduled for June 28 and 29 has been put on hold until new dates are announced. According to ICT Cabinet Secretary Eliud Owalo, the conference…

Government should stop the aggressive taxation drive

Sacco ReviewJune 25, 202408 mins

The latest Finance Bill has generated considerable debate and concern among ordinary Kenyans. The bill proposes several measures to correct the budget deficit, but one of the most controversial aspects is the dependence on high taxation. Despite its apparent simplicity, this method frequently results in damaging outcomes for both our financial standing and daily activities….

All set for Ushirika Day scheduled for July 6

Sacco ReviewJune 24, 2024June 24, 202403 mins

This year’s Ushirika Day, also known as International Co-operatives Day will be celebrated on July 6 at Kenyatta International Convention Centre (KICC) grounds. The theme of this year’s celebrations is “Cooperatives Building a Better Future for All”. This year will be the 102 Ushirika Day. International Co-operatives Day is celebrated annually on the first Saturday…

Survey reveals more trust for cooperatives than for investor-owned corporations

Sacco ReviewJune 21, 202406 mins

A recent research study on cooperatives in Kenya now shows that cooperatives are a preferred store of wealth for members and that many people are leaning on Saccos and cooperatives for small loans. Fifty four percent of cooperative members relied heavily on their cooperative ownership as a store of wealth. The cooperative as a store…

Enkanasa Cow procures milk coolers for milk cooperatives in Narok County

Sacco ReviewJune 21, 202402 mins

Enkanasa Cow has procured two milk coolers designated for MAACOM milk cooperatives centres located both at Ilmeshuki Lekule and Sikawa in Kilgoris constituency. Narok County Senator Ledama ole Kina said the coolers are privately funded by Enkanasa Cow and its associates for the economic development of the Maasai Women. The senator said other cooling plants…

Family Bank chairman dies three weeks after being appointed

Sacco ReviewJune 21, 202405 mins

Family Bank’s newly appointed board chair, Architect Francis Gitau Mungai, passed away three weeks after taking over from the retiring Wilfred Kiboro. The Family Bank board of directors and management issued a statement regarding Gitau, who passed away while undergoing treatment in the United States. “Family Bank Board of Directors and Management regrets to announce…

Government allocates KSh1 billion for construction of tea branding centres

Sacco ReviewJune 21, 202405 mins

The government will allocate KSh1 billion to the construction of two value addition and branding centres for Kenyan tea, President Williams Ruto has said. Speaking when he launched Chai Gold, the flagship tea brand of the Kenya Tea Development Agency (KTDA) for the international market at Ketepa Grounds in Kericho County on Wednesday, June 19,…

PS Kilemi urges Sacco leaders to uphold good governance for growth sector

Sacco ReviewJune 21, 2024June 21, 202403 mins

Principal Secretary State Department for Cooperatives Patrick Kilemi has asked Sacco leaders to uphold good governance practices. The PS speaking recently during closing ceremony of The Annual Sacco Sub sector Regulatory Policy and Legal Roundtable, 2024 in Naivasha organised by The Sacco Societies Regulatory Authority (SASRA), he said the Sacco leaders should take their responsibilities…