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Hazina Sacco opposes introduction of levy on non-withdrawable Sacco deposits

Sacco ReviewJanuary 18, 2024January 18, 202404 mins

Hazina Sacco Chairman Evans Kibagendi has opposed the introduction of a levy on cash deposits held by Non-Withdrawable Deposit-Taking Saccos by the Sacco Societies Regulatory Authority (SASRA) beginning January 2024. Kibagendi will greatly affect the revenue of Saccos as a whole, and the savings of individual members who are ideally the owners of the Saccos….

Hyacinth affects fishing activities in Lake Victoria

Sacco ReviewJanuary 18, 2024January 18, 202405 mins

The dreaded water hyacinth has once again reared its ugly head in Lake Victoria on the Kenyan side, hence hampering several activities. Some of the activities affected by the invasive weed include fishing and pleasure travel. The drifting water hyacinth mat has affected boat riding activities, water sports, and fishing and, at the same time,…

The government seeks to revive coffee farming in Kisii County.

Sacco ReviewJanuary 18, 202402 mins

The national government, through the Ministry of Cooperatives and MSMEs, has affirmed its commitment to increase coffee farming in Kisii County. Speaking to over 3000 farmers on Wednesday, Cabinet Secretary Simon Chelugui said the region has a huge potential for coffee farming. “Today we had a meeting with over 3000 coffee farmers in Kisii County…

Kisumu County starts project to install solar pumps in all boreholes

Sacco ReviewJanuary 17, 2024January 17, 202402 mins

Kisumu Governor Prof. Anyang’ Nyong’o has said that the county has embarked on a project to install solar panels in all boreholes in the area. He said that the initiative is aimed at ensuring sustainable management of the facilities, provision of safe water and reducing electricity expenditure. “Ten boreholes that were either pumped manually or…

Muka Mukuu Cooperative members urged not to sell their shares

Sacco ReviewJanuary 17, 2024January 17, 202403 mins

Muka Mukuu Farmers’ Cooperative Society members have been urged not to sell their shares as the Society’s fortunes have improved and are recovering steadily. Speaking while addressing them during their Annual General Meeting (AGM) at the Society’s grounds along Tala-Thika road, Chairman Dominic Nthwao said that they had revived stalled projects and there were others…

Unison Sacco in Nanyuki announces employment vacancies.

Sacco ReviewJanuary 17, 2024January 17, 202402 mins

Unison Sacco, a leading sacco in Nanyuki, Laikipia County, is seeking qualified individuals to fill the positions of clerks and ICT officers. The clerks will be deployed to serve as tellers, customer care officers, loan assistants, and marketing officers. They should be holders of diplomas in management, cooperatives, marketing, finance, and accounts and must have…

Nandi Cooperative Creameries to process 200, 000 litres of milk per day

Sacco ReviewJanuary 17, 2024January 17, 202402 mins

President William Ruto yesterday inspected the almost complete Nandi County Dairy Cooperative Creameries (NCC) processing plant in Kabiyet. The construction of the first farmer-owned milk processing plant in Mosop Subcounty was started in 2019 as a flagship project of Governor Stephen Sang’s administration. The dream aims at empowering dairy farmers to transition from primary production…

New KPCU denies claims of stealing coffee from Meru factory

Sacco ReviewJanuary 16, 2024January 16, 202403 mins

The New Kenya Planters Cooperative Union (KPCU) has denied claims that it stole coffee from a coffee factory located in South Imenti constituency, Meru County. Speaking at the New KPCU Meru depot during an inspection tour of the facility, Chairman Daniel Chemno said that the allegations are baseless and only meant to tarnish their name…

Change of guard as KUSCCO gets new Chairman, Managing Director

Sacco ReviewJanuary 16, 2024January 16, 202404 mins

The Kenya Union of Savings and Credit Co-operatives (KUSCCO) has made changes to its top leadership after the departure of National Chairman George Magutu and the Group Managing Director George Ototo. In a circular addressed to all Savings and Credit Co-operatives (SACCOs) dated January 15, 2024; David Langat from Imarisha Sacco in Rift Valley region…

Kenya National Police DT SACCO Bungoma branch elects new officials

Sacco ReviewJanuary 16, 2024January 16, 202403 mins

The Kenya National Police DT SACCO Bungoma zone finally has new officials after the branch held elections recently after several postponements. In the elections held at Bungoma Police Station with 383 members, Antony Kering garnered 103 votes, closely followed by Zebedee Otee with 102 votes while Victor Kiprotich got 76 votes and Mary Odhiambo garnered…