Sacco Review

Govt keen on boosting key economic pillars, PS Omollo says

The Principal Secretary for Interior and National Administration, Raymond Omollo, has assured Kenyans that the government is focused on strengthening its five key economic pillars. He said that it is training its focus to accelerate and sustain inclusive growth, create opportunities for decent jobs, reduce poverty and income inequality and ensure that we create a…

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Watu Credit sponsors first aid training for Boda boda riders

Over 1,000 Boda boda and tuk-tuk operators have undergone training on road safety and self-first aid through a partnership between Watu Credit Limited, Trans Nzoia County Government and the National Transport and Safety Authority (NTSA). The initiative dubbed ‘Tujenge Msingi’ seeks to reduce the fatality rates and injuries attributed to motorcycle accidents.  Speaking while reopening…

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CoG submits recommendations for review of National Assembly 2022 Sugar Bill

The Council of Governors (CoG) has submitted the legislative memorandum on the National Assembly 2022 Sugar Bill to the Senate Standing Committee on Agriculture, Livestock and Fisheries chaired by Kirinyaga county Senator James Murango for consideration. The document was presented by Bungoma Governor Kenneth Lusaka in his capacity as the Chair of the Agriculture Committee….

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National Irrigation Authority receives Ksh3B to rehabilitate Ahero Irrigation Scheme

The National Irrigation Authority (NIA) has received Ksh3 billion boost from Japan International Cooperation Agency (JICA) to rehabilitate the Ahero Irrigation Scheme in Kisumu county. The revelation was made when the JICA technical team paid a courtesy call to Kisumu Governor Prof. Anyang’ Nyong’o in his office. Led by Hayashi Kenji, the delegation said the…

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Chelugui: Govt is developing policies to incorporate youth in Saccos

Co-operatives and Micro, Small and Medium Enterprises (MSME) Development Cabinet Secretary  Simon Chelugui has revealed that the government is promoting the involvement of young people in the cooperative movement by encouraging them to form their own cooperatives or be incorporated into leadership of the existing Saccos. The CS lamented that despite their technological proficiency, young…

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Women in Kisii revive dormant Sacco for economic empowerment

Women in Kisii County have revived Wimanet Sacco after six years of dormancy to empower themselves economically. Sacco Charlady Jane Matiabe appealed to women small scale traders to join the Sacco, save and access loans to boost their businesses and lives. “Members save Ksh20 daily and qualify for loans three times their savings,” she said….

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SACCO

Governor Sang announces plans to digitalize dairy sector for efficiency, transparency

Nandi Governor Stephen Sang has revealed that his administration has initiated the digitalization of the dairy sector in preparation for the launch of the Nandi Cooperative Creameries (KCC). Speaking moments after a consultative meeting with the Kenya National Chamber of Commerce and Industry and other stakeholders, the governor stated that the move is aimed at…

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Nakuru County to provide low interest loans to Saccos through Revolving Fund

Nakuru County Chief Officer of Cooperatives Kibet Kurgat has revealed that the county government has plans to provide low interest loans to registered cooperatives and Saccos through a revolving fund. Speaking during a meeting with stakeholders in the dairy sector, Kurgat revealed that all the necessary plans to launch the loan product at the beginning…

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Ranguma urges businesspeople to form Saccos for prosperity

Sacco Societies Regulatory Authority (SASRA) Chairperson Jack Ranguma has urged businesswomen in Kisumu County to form Saccos at the grassroot level. Addressing over 500 women groups in Kisumu, Ranguma stressed that through Saccos, women will gain economic empowerment. “Saccos will enable you to access loans and other benefits. You can also market your products locally…

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