Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The National Housing Corporation (NHC) has urged Kenyans to use its digital platform, Boma Yangu, to secure affordable housing mortgages through the e-Citizen platform. NHC board member Joshua Nyamori said that the platform, which he said is the gateway to the Affordable Housing Program, enables Kenyans to buy houses at market-friendly rates on both short…
Simon Chelugui, the Cooperatives and MSMEs Development Cabinet Secretary (CS), has released a report which indicates a steady growth in the Sacco industry for the past one year. Chelugui said that all the 360 Saccos regulated by the Sacco Societies Regulatory Authority (SASRA) have seen tremendous growth in assets, deposits, loans, and capital from November…
The Cooperative Bill 2023, recently approved by the Cabinet, will penalize employers who fail or delay to remit employees’ deductions from salaries to Sacco accounts within 7 days. The Bill proposes that employers who fail or delay to remit the deductions shall pay the amount deducted with compound interest accrued at a rate of not…
Nakuru County Chief Cooperative Officer Kibet Kurgat has urged Sacco officials to market their products and services more aggressively and initiate campaigns to create awareness in order to increase membership. The Officer said that new members will join the Saccos only if they understand the benefits in store for them. Kurgat, who was speaking at…
Agriculture Cabinet Secretary (CS) Mithika Linturi has said that the government is committed to supporting dairy farmers to boost their production. Linturi was speaking on Thursday where he presided over the launch of the Kenya Dairy Sustainability Roadmap 2023-2032, which seeks to leverage modern technology and climate-smart approaches to boost the dairy sector, aiming to…
Nayopo Sacco has initiated a mass recruitment of members in Naivasha sub-county and its environs. Speaking during the Sacco’s Education Day held at AIC Technical Institute in Naivasha town, Chairman Simon Njuguna said that the Sacco provides affordable services and loan products which can assist members to fulfill their financial obligations. “The mass recruitment of…
Kiambu Governor Kimani Wamatangi has promised to support Boda boda operators in the county to start their own petrol station and a spare parts shop that will import their stock directly from China. “The population of Boda boda riders is five times that of matatu operators, and therefore their contribution in terms of the fuel…
Farmers around ATC Kwakathoka area, Makueni County have been encouraged to take advantage of a new institution launched recently and plant more food to cater for the incoming students. Speaking during the official opening of Kwakathoka Training Vocational College (TVC), which will focus on pure agriculture programmes, the CECM for Agriculture Joyce Mutua also asked…
Sheria Sacco Society Ltd has introduced a new loan product christened ‘Dividend Advance Loan’. “We are thrilled to inform you about the introduction of our new financial product called the ‘Dividend Advance Loan’. This initiative is a testament to our dedication to offering convenient and easily accessible financial solutions,” read a memo signed by Director…
The Co-operative University of Kenya (CUK) has announced that its 8th Graduation Ceremony will be held on December 1, 2023, at the main campus in Karen, Nairobi. According to the Registrar of Academic Affairs, David Boge Otiende, the graduands will be students who have fulfilled the requirements for the conferment of degrees and award of…
