Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The County Government of Kericho has pledged to assist young coffee farmers with technical advice and logistics in value chain to ensure prosperity. Representing county governor Dr. Erick Mutai during the launch of the sale outlet for coffee products produced by the Kipkelion Youth Service Cooperative LTD at Uhuru Gardens in Kericho, chief officer for…
Garissa County Director of Cooperatives Samuel Karanja has urged Saccos to rebrand and recruit more members to increase their savings and loan base. Speaking to Sacco Review in his Garissa office, Karanja noted that rebranding would enable the recruitment of members beyond Saccos’ geographical territories. The director urged Saccos to strive to get their members…
Players in the real estate sector have raised alarm over delays in the processing of title deeds. Association of Real Estate Stakeholders Chairman Kinyua Wa Iratu claims the delays have been occasioned by rampant corruption in various land registries infiltrated by cartels. He noted that some unilateral decisions like changes in land rates and other…
Dissatisfied farmers affiliated with Iria-ini Tea Factory have lamented over low bonuses and alleged fund embezzlement by the factory’s management. The farmers suspect extravagant executive expenses and questionable procurement practices. They also complained that the factory is one of the lowest payers in the region, compensating farmers a mere Ksh38 for a kilogram of tea…
Coffee farmers in Kirinyaga have high expectations of getting good returns after the Capital Markets Authority (CMA) licensed Kirinyaga Slopes Coffee Brokerage Company Limited as a coffee broker. It joins 13 other firms that have been cleared by the regulator for the role. The move will now see the farmers reap big since the licensing…
Uasin Gishu Governor Jonathan Bii has said that his administration has put measures in place to encourage the youth and women in the county to join Saccos. He noted that these special interest groups should be facilitated to tap into the existing benefits of cooperatives. The governor was speaking in Soi during the official launch…
The Kakamega County Assembly has allocated Ksh600 million to be used for road renovations and maintenance in the 2023/2024 financial year. Speaking during a public participation exercise, Finance Committee Chairperson MCA Bonface Osanga said that the county had sorted pending bills regarding the renovation of roads, the Bukhungu Stadium and a number of Level 5…
The Governor of Kirinyaga County, Anne Waiguru, has launched 20 ward-based Farmers’ Saccos, which she said are key to unlocking the potential of smallholder farmers. The Saccos will provide members with affordable operational capital, credit services and information on markets and production practices. Waiguru said that the initiatives are aimed at strategically positioning farmers engaged…
Laikipia Governor Joshua Irungu has lauded the role of cooperatives in uplifting residents’ lives and as a key driver of economic growth in the county. He noted that the county boasts of 210 registered cooperatives with a membership of over 98,000 and a total asset base of Ksh7.4 billion. “Cooperative societies, as a mass movement…
The government will use small-scale miners’ cooperatives to supply construction materials for affordable housing projects across the country. Mining Principal Secretary (PS) Elijah Mwangi said that his department has signed a Memorandum of Understanding with the Housing Department for the miners to provide over 60 percent of the materials required for the projects. Speaking in…
