Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Kenya Revenue Authority (KRA) has recorded an increase in revenue by 11.1 per cent in the Financial Year 2023/2024 up from 6.4 per cent in the previous financial year. The authority collected KSh2.407 trillion compared to KSh2.166 trillion in the previous financial year. KRA says the performance translates to a performance rate of 95.5 per…
Cabinet Secretary Ministry of Cooperatives and MSME Development Simon Chelugui has maintained that no money has been lost from Financial Hustler Fund. The CS who issued a press statement on Tuesday July 9 said the Ministry has all documentation in connecting with the loans issued through Hustler Fund. Auditor General Dr Nancy Gathungu had issued…
Directors elected by farmers in the just concluded Kenya Tea Development Agency (KTDA) elections in Bomet County have vowed to ensure at least two new factories are built to decongest existing ones. Rono Kipngeno, representing Ndaraweta Zone and director for Singorwet Zone Robert Rono said there has been delays in the collecting green leaves. Rono…
“Stima Sacco was established in 1974. It started with the goal of providing financial services to employees in the energy sector in the country,” says Stima Sacco CEO Gamaliel Hassan in a recent interview with one of the media house. “At the beginning, it aimed to provide savings and credit services to its members to…
The United Kingdom (UK) Multinational James Finlay has written a letter requesting the removal of John Chebochok from his position as Director of Toror Tea Factory, a Kenya Tea Development Association (KTDA) factory. In a letter signed by Ben Woolf addressed to Enos Njiru Njeru, Wilson Muthaura of KTDA dated July 1, 2024 and seen…
The National Housing Corporation (NHC) has announced job vacancies totaling 59. In an advertisement notice issued by My Gov on Tuesday, July 2, 2024 NHC said those interested should visit www.nhckenya.go.ke/careers or careers.nhckekenya.go.ke. for applications. “As part of our commitment to achieving excellence and driving innovation in the housing sector, we are seeking to recruit…
Home Afrika, a real estate company listed on the stock exchange, is selling some of its assets, including houses and land, in order to repay an outstanding loan of KSh79 million from I&M Bank. Home Afrika intends to sell six housing units from its Mitini Scapes Development, located along Kiambu Road and Lake View Heights in Kisumu. The purpose of this sale is to repay…
Unaitas Sacco has expanded its branches in the country to 32 after opening a new branch in Kigumo, Murang’a County. The Sacco Chief Executive Officer (CEO) Martin Muhuhu said the firm will remain committed to offering reliable financial services to Kenyans. Speaking during the opening, the CEO asked financial institutions to show unwavering commitment to…
The 102 International Day for Cooperatives also dubbed Ushirika Day in Kenya that was scheduled for Saturday July 6, 2024 has been postponed until further notice. In a memo by the National Ushirika Day Celebration Council addressing all the Cooperative Societies, dated July 1, 2024 and seen by Sacco Review, attributed the move to the…
Chuna Sacco Society Limited, a tier-3 deposit-taking Sacco regulated by the Sacco Societies Regulatory Authority (SASRA) and located in Nairobi, is looking to hire a qualified and professional Chief Executive Officer who can effectively align with the Sacco’s goals and objectives. The role involves providing daily leadership, management, and vision to ensure the efficient and…
