Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Kamau Njoroge Members of the controversial Ekeza Sacco have warned politicians to keep off its affairs after the government allowed the Sacco to resume normal operations. The members blamed a section of local politicians of orchestrating the Sacco’s downfall for their own selfish political gain and to the detriment of welfare and economic prosperity…
By Sacco Review Reporter The Sacco Societies Regulatory Authority (Sasra) has urged Saccos to reconcile ‘other assets’ in their books of accounts to ensure there is transparency as the absence of the other assets in their financial statements is a possible conduit of fraudulent activities. “The Authority calls upon the Non-Withdrawable Deposit Taking (NWDT) Saccos…
By Achola Mathews Bungoma County Saccos have been urged to fast track the implementation and use of digital infrastructure by accepting to be hosted by Kibabii University Cooperative Society (KUCS), which has procured a large platform. Addressing officials and members drawn from various Societies from Bungoma South Sub-county at Posta grounds during the international Cooperatives…
By John Majau The miraa sub-sector has shown signs of recovery from the two-year ban in Somalia, signalled by the increased deposits farmers make at Saccos and other banking institutions. According to Mr Titus Munjuri, Dhabiti Savings and Credit Cooperative Society’s chief executive, farmers’ deposits had risen by about 15 per cent over the past…
By Azael MaseseThe expectations of Kenyans for the 14 th parliament in the cooperative movement haveskyrocketed owing to President Elect William Ruto’s campaign of uplifting the economic andsocial welfare of Kenyans through boosting the cooperative sector which encourages savingsand credit taking for engagement in income generating activitiesWith the election of Former Bungoma Senator Moses Wetangula…
By Agnes Orang’o Kamulu Housing Cooperative Society Chairman Augustine Nzioka Mutuku has passed on. Nzioka famously known as Penny died on Friday, 2nd September after a short illness. He had served as Chair for over ten years. Friends described him as a charming and optimistic man who did not hesitate to fight for the rights of the…
By Musyoka Kaleti The University of Embu students offered a one day free Drug and Substance Abuse Sensitization Programme for Boda Boda Operators to ensure the sector is free from drugs. The programme themed ‘Soba boda for a safe ride’ which brought together stakeholders from National Police Service (NPS), National Authority for the Campaign Against Alcohol…
By Agnes Orang’o Two suspected thieves have been killed by an irate mob in Mitaboni, Kathiani sub county of Machakos county. The two were among 13 suspected thieves who broke into Kithima Farmers Co-operative Society in a bid to steal coffee. According to witnesses, the gang armed with crude weapons raided the factory and tied…
By Malachi Motano Michael Ochieng and his partner Esther Omcheni co-own Afritech, a print media investment which has been in the industry since 1997. The couple share about the sweet journey they have walked with Universal Traders Sacco (UTS) since they became members three years ago, more so during the Covid-19 pandemic. “I came to…
By Agnes Orang’o Members of Muka Mukuu Farmers’ Cooperative Society in Matungulu can now heave a sigh of relief after the disputes surrounding quarrying activities on their land were resolved. Speaking after a special general meeting, the chairman Dominic Nthwao said that quarrying will take place at their 750-acre land near Athi River. He noted…
