Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Prime Cabinet Secretary Musalia Mudavadi has revealed that the government has placed innovation in agriculture as the top pillar of the Bottom-Up Economic Transformation Agenda (BeTA). Speaking during this year’s Kisumu regional show, Mudavadi said BeTA prioritizes on rice, edible oils, cotton, coffee, maize, tea, leather and dairy value chains with the aim of achieving…
Nyanza Regional Commissioner Flora Mworoa has lauded farmers and entrepreneurs for their superb display of innovative agribusiness ideas that seek to address the problem of climate change and enhance food security. Speaking during the Kisumu Regional Agricultural Society of Kenya (ASK) Show held at Mamboleo ASK Grounds, Mworoa, who represented Interior Principal Secretary Dr. Raymond Omollo,…
The one time vibrant Moi University Savings and Credit Cooperative Society (MUSCO) is now on its deathbed. The Sacco’s MUSCO Towers, a commercial building in Eldoret town, will forever bring back painful memories to the thousands of Sacco members who are not sure whether they will ever recover their hard earned cash they pumped into…
Before I get to the core of this story, let me tell you about the amusing anecdote about a strange ‘doctor’ in the village where I grew up. I describe him so because some of the shenanigans he exhibited border on the absurd, if not criminal. You see Disco Matanga, for that was his name,…
The successful growth of most Saccos in Kericho and Bomet counties can be traced back to serious commitment by a few ambitious elders. Most of the prominent businessmen today in Kericho County started in a trade known as “Kipsigirio”, which is the use of donkeys to transport commodities. Others were pioneer teachers, while some were the…
Rose Wambua, a former banker at Cooperative Bank of Kenya, has urged upon the government to partner with the private sector to create jobs and fight poverty. Addressing women groups at Kawethei village in Kangundo constituency, Wambua said the private sector plays an important role in the growth of the economy and that job creation…
Wakenya Pamoja Sacco has taken a new growth trajectory with the launch of Wakenya MCash, which is part of its elaborate plans to rebrand as a way of fostering service delivery and improving business performance. The new product will allow members to transact remotely without having to travel to their branches, bringing convenience and comfort…
Competition for payment of super dividends and interest on deposits among Saccos has topped the list of the major issues affecting the pace of growth of the cooperative movement in the country. The Kenya Society of Professional Co-operators (KSPC) has raised concern over the current trend of offering super dividends and interest on members’ deposits…
The Co-operative movement in the country’s Western region can only register development if county governments put proper measures in place to support Saccos in their jurisdictions, seasoned co-operative expert Owuor Awuor has said. Owuor, who is a long time regional leader of the giant Ushuru Sacco, observed that most co-operative societies in the region are…
Dr Joseph Mwiti’s innovation of manufacturing cement using clay will serve as a welcome relief to thousands of Kenyans who aspire to build home. Dr Mwiti, a lecturer who teaches Chemistry at Meru University of Science and Technology (MUST), believes that using clay to make cement will revolutionize construction and provide a solution to high…
