County focus

Kiambu reaps big from thriving Co-op sector

By Munene Maina Kiambu residents are reaping big from the Co-operative sector as many embrace societies to increase their savings and access to affordable credit facilities. The sector is among the key drivers in the County economic growth, according to County Co-operative Commissioner Ephraim Mathenge. The importance of the sector is the reason why the County Government came up with ...

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Saccos urged to recruit youth

By Munene Maina Saccos have been challenged to focus their energy at recruiting more young members as a way of safeguarding their survival in the future. “The youth are the future and any Sacco that does not focus on this segment of the population will surely perish,” said Tom Gitogo, CIC Group CEO. He said strength of the Co-operative movement ...

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Angaza Afrika targets Malindi pepper farmers

By Munene Maina Angaza Afrika Sacco has been assisting farmers to improve their activities and find markets both locally and abroad, besides offering them financial advice. “Currently we have partnered with 3,000 pepper farmers in Malindi. We connect farmers with agriculture experts which has helped increase yields,” noted Charity Wanjiku, CEO Angaza Afrika Sacco. She said through partnerships with farmers, ...

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Why Saccos are queuing to open branches in Nakuru

By Azael Masese Nakuru town is slowly emerging as a key strategic destination for Savings and Credit Co-operatives Societies (Saccos) out to improve their balance sheet. In the last five years, Saccos such as Unaitas, Stima, Wananchi, Metropolitan, and Boresha have established a footprint in the town and the number is set to grow in the near future. Egerton University ...

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Coffee farmers in Mt Kenya to be trained

Some 41,000 coffee farmers from Mt Kenya region are set to benefit from Sh70 million training programme initiated by Nestle Kenya to help boost production and quality of their produce. The programme which will offer training and technical advice in the next three years also seeks to encourage participation of women and youth in coffee farming, according to Nestle Kenya ...

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Thamani Sacco share capital up by 32 per cent

By Kiptanui Rutto Thamani Sacco Share Capital grew from Sh22.35 million in 2015 to Sh29.52 million in 2016 resulting to an increase by 32 per cent, the Sacco Chairman has said. Speaking during the Annual General Meeting (AGM) held in Chuka, the Chairman, Jackson Ireri Abidan said the Sacco recorded an impressive improvement amid the climate change challenges. He said ...

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Women urged to form Saccos

By Our Reporter Kakamega County women have been asked to form Savings and Credit Cooperative Societies (Saccos) to help mobilize resources and access funding from governmental and private agencies in the country. MPs from the region led by Woman Representative, Rachel Ameso said formation of investment groups and Saccos among women was the surest route to economic empowerment and eradication ...

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Sukari Sacco unveils major rebranding plan

By Staff Reporter Sukari Saving and Credit Co-operative Society Ltd has embarked on a programme involving a major re-branding exercise. Chairman, Isaac Sheunda said the Society has already procured the services of a reputable firm to undertake the exercise expected to begin by next month. Mr Sheunda made the disclosure while addressing members during this year’s special Annual General Meeting ...

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Meet the country’s youngest Sacco CEO who is turning heads

By Munene Maina Agnes Mwenje, the Chief Executive Officer of County Sacco-based at Kanja Market in Runyenjes, Embu County is the engine behind this Society. She has turned County Sacco into a leading financial institution that provides market-driven products and services to its members. Mwenje, aged 30 years has been at the helm of County Sacco since 2014 and is ...

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Smartlife Sacco nets more members, Sh87m turnover

By Dennis Bett Smartlife Sacco, formerly Marakwet Teachers Sacco (MTC) has recorded a turnover of Sh87 million for the financial year ended December 31, 2017. Registered in 1995 after liquidation of Keiyo Marakwet Teachers Sacco (KMTS), Smartlife Sacco has since grown in size offering new and friendly products and services to members. Speaking to Sacco Review at his offices, the ...

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