Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The Kakamega County Assembly has allocated Ksh600 million to be used for road renovations and maintenance in the 2023/2024 financial year. Speaking during a public participation exercise, Finance Committee Chairperson MCA Bonface Osanga said that the county had sorted pending bills regarding the renovation of roads, the Bukhungu Stadium and a number of Level 5…
The Governor of Kirinyaga County, Anne Waiguru, has launched 20 ward-based Farmers’ Saccos, which she said are key to unlocking the potential of smallholder farmers. The Saccos will provide members with affordable operational capital, credit services and information on markets and production practices. Waiguru said that the initiatives are aimed at strategically positioning farmers engaged…
Laikipia Governor Joshua Irungu has lauded the role of cooperatives in uplifting residents’ lives and as a key driver of economic growth in the county. He noted that the county boasts of 210 registered cooperatives with a membership of over 98,000 and a total asset base of Ksh7.4 billion. “Cooperative societies, as a mass movement…
The government will use small-scale miners’ cooperatives to supply construction materials for affordable housing projects across the country. Mining Principal Secretary (PS) Elijah Mwangi said that his department has signed a Memorandum of Understanding with the Housing Department for the miners to provide over 60 percent of the materials required for the projects. Speaking in…
The Italian Agency for Development Cooperative (IADC) has offered to support 15,000 farmers in 30 dairy cooperatives in Meru, Tharaka Nithi and Embu counties to improve livestock and increase milk production by 70 per cent. Set to be under the management of an Italian non-governmental organization AVSI, which has been overseeing agricultural economic recovery projects…
Kisii County Governor Simba Arati has launched the Farmer Enumeration and Profiling Project to transform the county into an agriculture and business hub. “This programme will provide a road map for eradication of poverty by addressing food insecurity and in turn boost agriculture which is our main source of wealth,” he said. Arati was speaking…
Ng’arisha Sacco has reiterated its commitment to cushion its members from the harsh economic times in the country. Speaking while addressing the press at a Members’ Education forum at Posta Grounds in Bungoma town, Chairman Benedict Simiyu noted that they have extended the grace period for loan repayment to upto 12 months to ease the…
Metropolitan Sacco members have staged protests demanding refund of their money totaling over Ksh7.7 billion. The members marched to the Sacco main office in Kiambu town to deliver a petition with a raft of demands. Led by their colleague, Fredrick Kago, the members demanded that; the Sacco sells its assets including land and pay members…
The Principal Secretary (PS) for State Department of Cooperatives, Patrick Kilemi, has reiterated the government’s pledge to support the cooperative sector by implementing dynamic policies and regulatory frameworks. Kilemi made the remarks on November 15 in Mombasa during a workshop which brought together cooperative sector shareholders from across the country to brainstorm on how to…
Stima DT Sacco has reviewed the repayment periods of its loan products, allowing borrowers more time to adjust to the country’s economic situation without defaulting. “We are delighted to announce that Stima DT Sacco has reviewed its credit products. These changes will see an extension on the repayment terms of our credit facilities. We urge…
