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

Kenyans in informal sector to pay Housing levy if amended Bill is passed

Sacco ReviewDecember 8, 2023December 8, 202303 mins

The controversial Affordable Housing Bill, 2023 has been amended to solicit the 1.5% Housing Levy contributions from individuals in the informal sector. This is after a three-judge bench declared the levy unconstitutional last week due to its discriminatory nature and unequal principles as it only targeted salaried Kenyans and expanded the tax to include incomes…

Digital Sacco invites applications for 10 temporary Accountant positions

Sacco ReviewDecember 8, 2023December 8, 202303 mins

Digital Sacco is looking to fill 10 positions for individuals with accounting backgrounds for a brief assignment. Through an advertisement on its official Facebook page, the Sacco noted that it is specifically targeting individuals with at least a CPA I certification and who own a laptop. Interested applicants are requested to submit their applications to…

Farmers urged to adopt fast-maturing sugarcane varieties

Sacco ReviewDecember 7, 202303 mins

The outgoing Director General for the Agriculture and Food Authority (AFA) Willis Audi urged farmers to transit from old sugarcane varieties to fast-maturing ones to enhance self-sufficiency in sugar production. Speaking in Kisumu during the last day of a sugar symposium, Audi noted that the government is currently importing sugar to bridge the deficit, hence…

Nakuru farmers hold protests over proposed sale of New KCC

Sacco ReviewDecember 7, 2023December 7, 202302 mins

Nakuru dairy farmers have vowed that they will not allow the privatization of the New Kenya Cooperative Creameries (KCC). Led by Muchemi Nderitu, the farmers held protests in Nakuru City to express their opposition to the proposition which they termed as ill-advised. He said that the sale of the milk processor will lead to the…

Nandi county cooperatives shine in Nairobi Coffee Exchange

Sacco ReviewDecember 7, 2023December 7, 202303 mins

The Kapsaos and Sorwot Coffee Cooperatives in Nandi County have registered a remarkable performance at the Nairobi Coffee Exchange (NCE) Auction this week. Kapsoas Farmers’ Cooperative Society stood out by achieving the highest price per lot as it presented 135 bags through their broker, New KPCU, and each bag was purchased by C. Dormans at…

Tower Sacco launches scholarship for needy 2023 KCPE candidates

Sacco ReviewDecember 7, 2023December 7, 202302 mins

Tower Sacco is offering education scholarships to orphans and children from needy backgrounds who have scored 350 marks and above in the 2023 KCPE examinations. In a poster shared on its official Facebook page, the Sacco invited qualified candidates to visit any of its 26 branches across the country and apply by December 15. “Do…

Taqwa Sacco celebrates 25th anniversary

Sacco ReviewDecember 7, 2023December 7, 202303 mins

The Cooperatives & MSMEs Development Cabinet Secretary, Simon Chelugui, has commended Taqwa Sacco for its role in empowering its members financially and fostering solidarity. Chelugui was speaking during the Sacco’s 25th anniversary celebration in South C, Nairobi. He said that despite the Sacco’s humble beginnings as a Merry-go-round in the late 1990s, it has grown…

Stakeholders call for more investments in cane growing to meet high demand

Sacco ReviewDecember 6, 2023December 6, 202302 mins

Agriculture Food Authority (AFA) has called for more investments in cane growing and development in order to meet the ever increasing demand for the commodity. AFA Chairperson Carnelly Serem said there has been a systematic increase in the demand for cane and that the growth of many sugar milling companies under the cane and nucleus…

Tower Sacco leases space at its iconic plaza in Ol Kalou

Sacco ReviewDecember 6, 2023December 6, 202302 mins

Tower Sacco is looking for traders to fill the vacant spaces in its multi-storey Tower Sacco Plaza located in Ol Kalau town in Nyandarua County. The lease rates available are 33 rooms for restaurants and accommodation, conference halls, a gym, and roof-top space. The Sacco, which has a remarkable membership of over 206,065 individuals and…

Lamu youth, women urged to form Saccos for prosperity

Sacco ReviewDecember 6, 2023December 6, 202302 mins

Women and youth in Lamu county have been urged to form Saccos to boost their economic welfare. Lamu county Cooperative Director Paul Thauri said that formation of Saccos in the region will enable women and youth to embark on their daily activities in a more efficient and effective way. “Currently, this group cannot carry out…