Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
All Cooperatives will in future become federations and subscribe to an apex body, group managing director of the Kenya Union of Savings and Credit Cooperatives (KUSCCO) George Ototo has hinted. A restructured Cooperative sector will ensure sustainability and viability as it will solely depend on the subscription of the cooperative members. Ototo revealed this while…
Prime Cabinet Secretary Musalia Mudavadi has revealed that the government has placed innovation in agriculture as the top pillar of the Bottom-Up Economic Transformation Agenda (BeTA). Speaking during this year’s Kisumu regional show, Mudavadi said BeTA prioritizes on rice, edible oils, cotton, coffee, maize, tea, leather and dairy value chains with the aim of achieving…
Nyanza Regional Commissioner Flora Mworoa has lauded farmers and entrepreneurs for their superb display of innovative agribusiness ideas that seek to address the problem of climate change and enhance food security. Speaking during the Kisumu Regional Agricultural Society of Kenya (ASK) Show held at Mamboleo ASK Grounds, Mworoa, who represented Interior Principal Secretary Dr. Raymond Omollo,…
The government is pushing for a law that will regulate training, registration and licensing of animal production professionals and technicians in the country. The proposed Animal Production Professionals and Technicians Bill 2023 is set to offer an enabling environment for the development and regulation of the livestock industry, and to effectively address the modern challenges…
As part of our national calendar and heritage, Kenyans celebrate Mashujaa Day (previously observed as Kenyatta Day) on the 20th of October every year to reflect and honour the Founding Fathers of our Nation. On this historical day the leaders pay glowing tributes to these heroes and more so extol the virtues that defined our…
Savings and Credit Co-operative Society (Sacco) members have been urged to make good use of the loans they take from their respective Saccos for the intended purpose for their growth. According to Ufanisi Deposit Taking (DT) Sacco Society Chief Executive Officer (CEO) CPA Frederick Abuyabo, Sacco members should be trained about the loans’ intended purpose…
The one time vibrant Moi University Savings and Credit Cooperative Society (MUSCO) is now on its deathbed. The Sacco’s MUSCO Towers, a commercial building in Eldoret town, will forever bring back painful memories to the thousands of Sacco members who are not sure whether they will ever recover their hard earned cash they pumped into…
Sacco Society Regulatory Authority (SASRA), the regulatory body for Savings and Credit Co-operatives (Saccos), has issued revised guidelines to govern the renewal of operating licences for the country’s Deposit-Taking (DT) Saccos. This has seen new procedures being introduced and the existing ones improved to hold the 176 DT Saccos more accountable and ensure the protection…
In a fast changing and dynamic labour market, it is essential for employees to embrace effective communication for better understanding and as well increase productivity at workplace. Employees who often than not tend to do everything on their own, will basically get overburdened to the extent of eventually getting fatigued to the level of failing…
The operationalization of the Kenya Sacco Central Liquidity and Shared Services Cooperative Society Ltd (The Sacco Central) is set to change Kenya’s Sacco sub-sector’s landscape as it will help address liquidity challenges, especially for small Saccos. Under the outfit, Saccos are expected to pool resources under one platform and access a host of services at…
