Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The world of finance is evolving at an unprecedented pace, with customers demanding efficiency, convenience and faster financial services. This is a wake-up call to SACCOs to digitize their services to allow customers to access their accounts and perform a wide range of transactions so as to avoid losing market share to tech-savvy competitors. “Digital…
The co-operative movement in Kenya is playing a vital role in the realization of the government’s Bottom-Up Economic Transformation Agenda. This is according to Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development Cabinet Secretary (CS) Simon Chelugui, who praised the sector’s role in economic growth, alleviating poverty and advocating for social inclusion. Speaking in…
Livestock farmers in Taita Taveta have received 250 tonnes of animal feed as part of an emergency drought response intervention after they experienced a prolonged dry spell that saw over 40,000 livestock die of hunger across the county. Presiding over the event held at the National Cereals Produce Board (NCPB) in Voi, Governor Andrew Mwadime…
The concept of Savings and Credit Cooperative Societies (SACCOs), which have today become an essential part of Kenya’s financial landscape in promoting financial inclusion and empowering communities by providing access to affordable financial services, has a rich history traced to the colonial era. SACCOs started with the formation of agricultural cooperatives aimed at providing financial…
Cabinet Secretary (CS) for the Ministry of Information, Communications and Digital Economy Eliud Owalo has revealed that the government is seeking to revive the cotton industry in Nyanza region. Speaking at the Nomiya Church in Manyatta, Kisumu town, Owalo said the region used to be a major cotton producer for both the export and domestic…
5,000 Machakos County Government employees are set to benefit from a comprehensive medical insurance cover from Jubilee Insurance Ltd following the inking of a deal between the county government and the insurance firm. The deal, which is nearing conclusion, will ensure all employees across different job groups benefit from the coverage which is fully paid…
Professional women from Nyanza region have vowed to empower and build the capacities of their colleagues in the region. Under the aegis of the Professional Association of Nyanza (PANY) Women, the group said that it will tap into its vast skills, experiences and extensive networks to effect the same. In a communique released in Kisumu…
The management of Kiamokama Tea Factory in Kisii County has embarked on an ambitious programme to recover millions of kilogrammes of green tea leaves which they have been losing through invasion and poaching by a number of neighbouring companies targeting their farmers. According to the factory’s Board Chairman Richard Obino, the encroachment by their competitors…
Farmers have welcomed the gradual increase in coffee deliveries to the Nairobi Coffee Exchange (NCE) amid the standoff between the government and coffee cartels. The increased deliveries come at a time when coffee management regulations reforms have caused a near stagnation of the auction and exports. The slow movement is partly blamed on the demand…
Players in the Information, Communication and Technology (ICT) industry have been encouraged to adopt Artificial Intelligence (AI) technology while conducting audit exercises and ensuring conformity to governance compliance in the process. Speaking during the Governance, Risk and Compliance (GRC) conference hosted by ISACA Kenya Chapter and held at Sarova Imperial Hotel in Kisumu, Deputy Auditor…
