Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Diamond Trust Bank (DTB) net profit for the first quarter of this year grew by 8.6 per cent , reaching KSh2.62 billion, driven by growth in both interest and non-interest income. The company’s net earnings grew from KSh2.42 billion that had been posted during the correspondent quarter of last year. Net increased income, mainly derived…
Cabinet Secretary of ICT Eliud Owalo has revealed that over 300,000 youths have been trained, and more than 1,000 digital jobs created since the start of digitalization programme year ago. Owalo remains optimistic that within the next two years, two million digital jobs will be generated. He further stated that ICT offers abundant job opportunities…
Citibank NA has scooped the best bank in the country at the Think Business Banking Awards 2024 with Standard Chartered and Equity came in at position two and three. Citibank also was named the best inb corporate banking, internet banking and product innovation categories. I&M Group PLC was recognized as the best customer-centric bank, and…
In 2023, Westlands attracted more office and real estate investors compared to other regions in the Nairobi Metropolitan Area (NMA) thus raising its rental yields. This was largely contributed by attractive business atmosphere and good road network. The average rental yields were 8.5 per cent which is 0.8 per cent higher than the average market…
Kwa Mating’i Farmers’ Cooperative Society has made a compelling appeal to both the county and national governments, urging them to utilize an 8-acre piece of land within the cooperative society’s boundaries for the development of essential social amenities. James Mwovi, the chairperson of the cooperative society, announced that the society has strategically set aside this…
Kilifi North Sub-county in Kilifi County has registered five new cooperative societies, Sacco Review has learnt. Kilifi North Sub-county cooperative officer, Julius Mwamuye told Sacco Review in Kilifi town recently that one dormant cooperative society, Kilifi Riders Sacco has been revived. He further said that two dormant cooperative societies in the sub-county have been set for…
Before borrowing wisely consider why you want the money and how you are going to repay back. Borrowing if done prudently makes someone better in the long run. Loan are useful in many areas including education, property acquisition, and medical among others. Below are five considerations 1. The purpose of the loan? When borrowing, you…
President William Ruto is expected to visit Kisumu to preside over the official opening of the Nyanza International Investment Conference (NIIC) next month, it has been revealed. Information and Communication Technology Cabinet Secretary Eliud Owalo said the President will officially grace the conference. “The Head of State himself will lead a team of local and international investors…
Livestock prices have surged significantly due to improved pastures following recent rains. This marks the first notable improvement after a prolonged drought spanning four consecutive failed rain seasons. Demand for livestock products is expected to rise significantly, with estimates suggesting an increase of 40-50 per cent by 2030. This growing demand is driven by population…
On Saturday May 25, 2024, Imarisha Sacco members visited Kedowa Special School For the Deaf located in Kericho County. The Sacco members donated various items including sanitary towels, tissue papers among other items for the use by the learners. “CSR is at the heart of Imarisha Sacco Society Limited, Our commitment to serving humanity is…
