Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Mi Vida Homes, a reputable property developer signed a partnership with Kimisitu Sacco and has allowed the members to invest in its residential projects in Garden City, Nairobi. The Garden City Project sits on a 47-acre land with a mixed-use urban development comprising residential units commercial spaces, offices, retail outlets, and recreational amenities. It offers…
Simon Chelugui Cabinet Secretary, Ministry of Co-operatives Micro, Small and Medium Enterprises Development (MSMEs) was the chief guest today during the launch of NSSF Sacco Strategic Plan (2024-2028) and New Logo at the Radisson Blu Hotel, Nairobi. The launch is aimed at promoting innovative, commercially oriented and efficient financial services is engraved at NSSF Sacco…
I&M Group’s first quarter report of this year shows that the bank has a profit of KSh3.32 billion, an increase of 31 per cent from the KSh2.5 billion recorded last year. Interest income, which grew by 38 per cent to KSh8.8 billion, greatly influenced the profit growth. The growth in net interest income offset a 9.4…
Kenya Commercial Bank (KCB) Nakuru Branch has developed KCB Chama App that aims to assist cooperatives and Chamas on handling finances, taking loans or saving towards an a goal. KCB Nakuru Branch Manager Christine Keter while speaking in Nakuru on Thursday, May 23, 2024 where she led a team from the lender in a meeting…
Six governors from the Nyanza region have distanced themselves from a scheduled Nyanza International Investment Conference, expected to take place next month. The Governors’ namely Anyang Nyong’o of Kisumu, James Orengo (Siaya), Amos Nyaribo (Nyamira), Simba Arati (Kisii), Gladys Wanga (Homa Bay) and Ochilo Ayacko of Migori all said they have been sidelined in the…
President William Ruto of Kenya meets his US counterpart Joe Biden in Washington tomorrow, with the crisis in Haiti and efforts to build trade ties likely to top the deliberations. Ruto’s visit, billed as historic one it is the first state visit by a Kenyan president to the US in two decades and the first…
Sheria Sacco chairperson Deputy Chief Justice (DCJ) Philomena Mwilu has asked Sacco members to shun taking huge loans which outstretched their budgets and took decades to settle them. “Avoid long term and high interest loans. It is not too late to save for your retirement” Mwilu noted. The DCJ, accompanied by Chief Registrar, Winfridah Boyani…
The Principal Secretary for Cooperatives Patrick Kilemi has urged parliament to consider additional of funds to ministry for successful implementation of reforms. The PS had led a team from the State Department for Cooperatives to a meeting with the National Assembly Committee on Trade, Industry and Cooperatives chaired by Embakasi North MP James Gakuya recently….
Council of Governors has presented a technical working group to give input on the Cooperatives Bill 2024 which is currently in Parliament. The governors led by Bungoma Governor Kenneth Lusaka, who is also the chairman of the Agriculture, Livestock and Cooperatives in the COG held a consultative meeting on Thursday presided over by Cabinet Secretary,…
Leaders drawn from sugarcane growing belt have called on the President William Ruto to assent into law the Sugar Bill that has now passed its first and second reading at the National Assembly and Senate. Suba North MP Caroli Omondi said with the passing of the bill, farmers were bound to benefit fully from cane…
