Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Benedict Ng’etich A total of 9,582 small holder coffee farmers under Kipkelion District Co-operative Union Ltd (KDCU) have received cheques worth Shs. 105.1 million for the sale of 134.4 metric tonnes of coffee exported to South Korea a month ago. Out of the direct sales, the farmers drawn from Kericho, Nandi, and Bomet counties…
By Pascal Mwandambo “Mwalimu,” he said, “I am thinking of starting a small business and probably venture into the gemstone trade.” I looked at him skeptically, wondering what serious business one can undertake with slightly less than 100,000 shillings. “You don’t understand. I will start with some gemstone samples I will buy from a broker…
By John Majau Chuka based Trans-Nation Sacco is set to officially launch two branches in Marsabit County in a bid to take services closer to their customers. Speaking during its 27th Annual General Meeting held at Mwalimu Park in Chuka town, the Sacco Chairman Mr Bedford Miriti Mutegi said that after establishing a branch in…
By Tsozungu Kombe Livestock Farmers in Lamu County have been urged to join Saccos to boost their financial needs. Speaking to Sacco Review from Lamu town recently, Lamu County Cooperative Auditor Mr. Nickson Baya asked the livestock farmers to join Saccos in the county and invest heavily to enable them get bigger loans at the…
By George Otieno The Kenya Union of Savings and Credit Co-operatives Limited (KUSCCO) conducted its 7th annual Sacco leaders’ convention at the Sarova White Sands Hotel in Mombasa. The theme of the event was, “Saccos Collaborate: The clock is ticking.” The three day event was graced by different Sacco players who converged to look at…
By Shichangi Richard Wevarsity Sacco has held a meeting with its members who are top savers to chart the way forward of the Sacco operations. Speaking to Sacco review after the meeting, the chairman Dr David Alila disclosed that the Sacco management realized that they needed the input of its top savers so that they…
By Oanga Oyugi The recent award of a doctorate degree to Kisii Farmers’ Cooperative Union CEO Dr.Robert Nyabaro Mainya has impacted positively on employees of the giant cooperative as many of them have started pursuing higher education. Dr. Mainya, who has steered the Union for over 10 years, was among several graduates who were honoured…
By Roy Hezron The Ministry of Agriculture, Livestock, Fisheries and Co-operatives have defended the recent move of reviewing veterinary certification fees and payments in regard to import and export of livestock products and animal feed ingredients which are charged by the Directorate of Veterinary Services. The review saw the charges for imported livestock products increased…
By Dennis Bett Giant Baringo-based Boresha Sacco’s active membership hit 71,088 by the year ending December 31, 2021, up from 60,656 in 2020; a clear indicator of rising fortunes of the vibrant society. Speaking during a recent education day for members at Sacco headquarters in Eldama Ravine, Sacco CEO Jacob Mengich said there was an…
By Obegi Malack Commissioner for cooperatives David Obonyo has challenged Saccos to invest in robust Information and Communication Technology (ICT) system in all their operations to improve competitiveness. The commissioner, who was speaking during Sheria Sacco’s Annual Delegates Meeting, said the Covid-19 pandemic proved that ICT system is a must for Saccos. He said…
