Sacco Review

Kisumu City

Nyanza governors distance themselves from upcoming investment conference

Six governors from the Nyanza region have distanced themselves from a scheduled Nyanza International Investment Conference, expected to take place next month. The Governors’ namely Anyang Nyong’o of Kisumu, James Orengo (Siaya), Amos Nyaribo (Nyamira), Simba Arati (Kisii), Gladys Wanga (Homa Bay) and Ochilo Ayacko of Migori all said they have been sidelined in the…

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Airbnb home.

Airbnb operators in Western Kenya put on notice

More than 70 per cent Airbnb operators in Western Kenya tourism circuit are not paying the 2 per cent tourism levy as the law stipulates. Tourism Act, requires various entities offering accommodation services to remit levies based on income generated every month. The levy payable is two per cent of income generated per month for accommodation, and…

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KCB Bank Group Chief Executive Officer Paul Russo. Photo:courtesy

KCB Bank grows first quarter profit by 53 per cent to KSh16 billion

Kenya’s KCB Group’s pretax profit for the first quarter of this year jumped 53 per cent, assisted by higher interest income, it announced on Wednesday, May 22. The lender, which also operates in Uganda ,Tanzania, Democratic Republic of Congo, Rwanda, South Sudan, and Burundi, said pretax profit rose to KSh21.16 billion from KSh13.85 billion in the…

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 The Retail Store that has 'Made in Kenya' brands in Atlanta, Georgia, US.

Laikipia’s Ushanga Cooperative showcases Kenyan attire in Atlanta, US

Laikipia based Sossian Ushanga Marketing Co-operative Society Ltd took the opportunity to showcase  Kenya’s rich cultural heritage globally. The society with more than 700 members,  took the opportunity during the President William Ruto US state visit. The Retail Store that has ‘Made in Kenya’ brands in Atlanta, Georgia, US.Laikipia MP Jane Kagiri said the women…

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Stima Sacco National Treasurer, CPA Mary Maalu displays trophies.

Stima Sacco honoured with two prestigious awards at Cooperative Insurance Society AGM

Stima DT Sacco has been awarded the Winner in the Highest Shareholding Category Parastatal and the first Runners Up as the Best Insured Cooperative Society – Nairobi Region, at the Cooperative Insurance Society (CIS) Annual General Meeting 2024 held recently. The trophies were received by Sacco’s National Treasurer, CPA Mary Maalu. The event was held…

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Photo:courtesy

KUSCCO announces job vacancy, lists qualifications

Kenya Union of Savings & Credit Cooperatives (KUSCCO) Limited announced that one of its clients; a fast growing Sacco which has its head office in Embu Town is looking to hire a new Chief Executive Officer (CEO). It is searching for a qualified, highly motivated, visionary, result oriented individual to fill the position. The CEO…

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Forward Travellers matatu

Forward Travellers Sacco advertises job vacancy for Accountant, Internal Auditor

Forward Travellers Sacco, which operates in Eastlands, Nairobi is inviting applications for the positions of Internal Auditor and Accountant. The Sacco wishes to strengthen the human resource capacity. It seeks qualified, competent and experienced candidate with excellent credentials. Some of the required qualifications for an accountant include a Bachelor’s degree in accounting or Finance or…

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Mahali Mzuri facility operated by Virgin Limited Edition

New KSh104,000 per night luxury hotel to start operations in Kenya on July 1

Virgin Limited Edition plans to establish Finch Hattons Luxury Safari Camp in Kenya in July this month. The camp which will be located at Tsavo National Park, joins the list of other prestigious properties under Virgin Limited Edition such as Mahali Mzuri and Ulusaba Private Game Reserve. This will be its ninth property globally and…

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Deputy Chief Justice (DCJ) Philomena Mwilu.

Deputy Chief Justice advises Sacco members to shun taking huge loans

Sheria Sacco chairperson Deputy Chief Justice (DCJ) Philomena Mwilu has asked Sacco members to shun taking huge loans which outstretched their budgets and took decades to settle them. “Avoid long term and high interest loans. It is not too late to save for your retirement” Mwilu noted. The DCJ, accompanied by Chief Registrar, Winfridah Boyani…

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