Sacco Review - Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya

ACCOSCA partners Visa to allow access to formal financing for unbanked populations

Sacco Review4 days ago04 mins

The African Confederation of Co-operative Savings and Credit Associations (ACCOSCA) has partnered with VISA to launch Financial Inclusion in Kenya and Tanzania (FIKT) project to improve access and usage of formal financial services among underserved communities and small businesses. The project aims to leverage the strength of the Sacco sub-sector in Africa and the Visa…

Kenya to partner with Zambia for growth of Cooperatives

Sacco Review4 days ago4 days ago02 mins

Principal Secretary State Department for Co-Operatives Patrick Kilemi has said the Government of Kenya will partner with Zambia’s to improve the growth of cooperatives in the country. The PS who attended a two-day Zambia’s inaugural National Conference on Micro, Small and Medium Enterprises (MSMEs) and Cooperatives in Lusaka, Zambia said the cooperation will enhance and…

Gusii Youth Bunge restructures loans to ease members’ burden

Sacco Review4 days ago4 days ago04 mins

Gusii Youth Bunge Savings and Credit Cooperative Society chairman, Asha Moronya has said the society restructures members loans to ease their burden. Members, notes the official have challenges repaying loans owing to global economic recession and it is necessary for the management to assist them. “We restructure their loans and support them repay the loans…

400 farmers trained on modern farming in Narok West

Sacco Review4 days ago02 mins

Farmers in Ilmotiok Ward in Narok West, Narok County have undergone a rigorous training for one week which was sponsored by Kupanda2Grow Foundation, a Non-Governmental Organisation based in Netherlands. Over 400 farmers were taught on the modern farming techniques. READ ALSO: Study finds only 20 per cent of women are saving for retirement Area Governor…

Study finds only 20 per cent of women are saving for retirement

Sacco Review4 days ago4 days ago06 mins

Old Mutual has launched its latest Financial Services Monitor, which offers invaluable insights into the financial behaviours and attitudes of Kenyans, with a particular focus on women. Old Mutual Women’s Network Patron Anne Nyamu said the second edition of the Old Mutual Financial Services Monitor (OMFSM) provides a comprehensive analysis of the Kenyan economy, highlighting…

Programme to boost SMES in training, linkages and financial access launched

Sacco Review7 days ago04 mins

Over 1500 Small and Medium Enterprises (SMEs) from across the country are set to receive a boost in financial literacy training, market linkages, business networking and financial access through a newly launched empowerment programme. The Inua Biashara programme brings together financial institutions, media houses, the national chamber of commerce and industry as well as learning institutions;…

Governor Barasa rejects new sugar sector payment system

Sacco Review7 days ago02 mins

Kakamega County Governor Fernandes Barasa, has taken a firm stance alongside other leaders in Western Kenya against the newly introduced sugar tax payment system. The directive mandates farmers to present e-TIMS invoices for every cane delivered to factories before receiving payment, a move vehemently opposed by governor Barasa and his allies. The Kenya Revenue Authority…

Report reveals exploitation of farmers and consumers in unfair food prices

Sacco Review7 days ago05 mins

A report by Consumers International organization has revealed unfair charging of prices in Kenya at the expense of consumers, farmers, and other businesses. The report was released in a Nairobi hotel by the organization which is the membership organization for consumer groups around the world, it detailed that market concentration and insufficient competition in Kenya…

Ndege Chai Sacco targets youth recruitment for sustainability

Sacco Review1 week ago1 week ago06 mins

Ndege Chai Sacco has doubled marketing efforts to attract more youthful members to the society. The Chairman Supervisory Paul K.Mutai told delegates that there was need to focus marketing efforts towards the younger generation to ensure sustainability of the Sacco adding, “as the economy improves opening up opportunities for employment and business for the youth,…

World Bank awards Governor Wavinya for exemplary implementation of projects

Sacco Review2 weeks ago07 mins

Machakos Governor Wavinya Ndeti has been feted by the World Bank for helping farmers to improve productivity through their cooperative societies. Governor Wavinya was awarded at the county offices in Mavoko on Wednesday April 3 for her collaborative efforts with the World Bank-funded Kenya Climate Smart Agriculture Project (KCSAP) to improve agricultural productivity among farmers….