Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Erick Nyayiera The Siaya County Assembly has finally passed the County’s Co-operative Development Fund Bill, 2019. The passage of the Bill will pave for the establishment of a development fund for supporting the co-operative sub-sector in the county once it is assented to by the Governor. The fund will assist co-operatives in the county…
By Erick Nyayiera The government has disbursed over Sh370 million to more than 12,000 small scale traders countrywide through the COVID-19 recovery and resilience program. The project coordinator Louis Waithera Kabucho, the money is part of the Sh453 million that had been allocated to support the small scale traders. The project is a partnership…
By Benedict Ng’etich Saving and Credit Societies in Bomet County have been urged to adhere to the recommended key audit ratios if they want to succeed. Bomet County Government auditor K. Kemboi asked local societies to be compliant on recommended key audit ratios of member’s savings. “Some key audit ratios like the retained reserves are…
By Dennis Bett Prime Time Sacco has resolved to open a satellite office at Biretwo trading centre on the Iten-Kabarnet road in Keiyo South sub-county. The decision was communicated recently during the society’s 24th Annual Delegates Meeting (ADM) at Iten School for the Deaf by Sacco chairman Thomas Rotich. He said a feasibility study they…
By Malachi Motano The Nandi Avocado Co-operative Society has signed a memorandum with Sunripe Company Limited to produce and export fresh produce and fruits for farmers. The business will involve production and export of fresh produce, organic vegetables, avocados and a range of frozen food. Members of the society will be assisted to market their…
By Malachi Motano Magadi Sacco has began the journey of ISO 9001:2015 certification process on quality management to enhance its ability to consistently provide products and services. That will ensure that they meet customer and regulatory requirements and to demonstrate continuous improvement. Speaking during the Sacco’s Annual Delegates Meeting (ADM) recently, Sacco Chairman Gordon Opiyo…
By Malachi Motano Research conducted on the impact of the co-operative movement in Kenya has found that it will be a key factor in building back the economy in the post Covid-19 pandemic period. The report further recommends that the sector should be included in Kenya’s national economic recovery programme. The study conducted by the…
By Benedict Ng’etich The Kericho County Commissioner for Cooperatives Leonard Otii has lauded Imarisha Sacco Board and the management team for its exceptional service. He also hailed the society for embracing new communication technologies making it possible for members to access services from home during the Covid-19 pandemic. “I would like to to thank the…
By Dennis Bett Boresha Sacco has opened the Iten Branch in Elgeyo Marakwet County as it continues with its expansion plan to reach more members. The new office will target the growing business community around the agricultural town and surrounding rural areas. Corporates, private schools and Small and Medium Enterprises have set up shops and…
By Cally Imbayi Governor Wycliffe Oparanya says Kakamega County will spent Sh25 million to strengthen cooperative societies that have been performing poorly. He revealed that they have prioritized streamlining of the cooperatives movement in the county to improve living standards. “We have allocated Sh25million for development of the cooperatives sector out of which Sh18million will…
