Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Equity Bank has once again been recognized as Kenya’s most admired brand, as banks top the list of best brands in the country. According to the latest report by brand valuation consultancy firm–Brand Finance, Equity attained a brand value increased to KSh65.8 billion, representing one per cent increase. Safaricom follows closely with KSh58.1 billion then…
The success of the Cooperative movement in Nairobi City County is a key player in the economic situation of the entire country with total assets base of KSh618 billion. The county has a well-established department called the Business and Hustler Opportunities sector endowed with technocrats overseeing capacity building of the sector and providing round the…
Ministry of Co-operatives & Micro, Small and Medium Enterprises Cabinet Secretary Simon Chelugui has appointed a new interim committee to run Kenya Union of Savings and Credit Cooperative (KUSCCO) after dissolving the previous board following mismanagement of funds allegations. In a statement by the Ministry the 15-member interim Board will be chaired by David Mategwa…
Cabinet Secretary for Cooperatives and MSMEs Simon Chelugui announces dismissal of Kenya Union of Savings and Credit Union (KUSCCO) Board of Directors over financial impropriety. CS Chelugui says the Board made inappropriate decisions. “Preliminary findings indicate systemic deficiencies in the management of resources, including, high cash withdrawals out of character with expected operations – Kshs…
Homa Bay County administration is promoting sunflower farming through distribution certified sunflower seeds to registered farmers. In partnership with Agricultural Food Authority (AFA), the county aims to have the seeds planted on more than 7,000 acres across the eight constituencies. This programme will see a total of 27,250 kg of seeds distributed to over 7,000…
Kisumu County is revitalising coffee farming to stimulate economic growth in the region. Recently, the Nyakach Cooperative Society farmers benefited from 8,000 coffee seedlings from the Agriculture Food Authority (AFA) in collaboration with the county government. The distribution of the seedlings to the farmers was spearheaded by the PS for Trade, Alfred Kombudo together with…
Skyline Sacco Limited held a 3-day retreat for its members which served as a pivotal moment of reflection, strategic planning and fostering camaraderie. The team-building event took place at Kabarak University on May 1-3, 2024. Also, the event was a crucial opportunity for Sacco leaders to step away from the day-to-day grind and take a…
The State has allocated KSh5 billion for the Hustler Fund in the 2024/2025 budget. The fund, managed by the Cooperatives department is aimed at providing cheap mobile loans to Kenyans. In the present financial year, the Government had allocated KSh10 billion towards the same but it was trimmed in the first supplementary budget. READ ALSO:…
The Siaya County administration headed by Governor James Orengo recently commenced the distribution of 16.35 tons of sunflower seeds in the entire county. These seeds will benefit at least 10,000 farmers across the county on an acreage of more than 6,000 acres. These effort are meant to increase our sunflower productivity from the current 2.7…
Fortune Sacco football team based in Kirinyaga will battle MOFA FC in a tense playoff affair to clinch the remaining National Super League spot. After leading the league for most of the season, Fortune Sacco football club stumbled, felling 1-0 to a ten-man Omax team in a decisive encounter at the Serani Sports Complex in…
