Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Asa Maina Nyeri County is largely dependent on the Cooperative sector for its socio-economic growth and transformation, governor Mutahi Kahiga has said. Enumerating the successes of the sector, Kahiga said that the county has over 193 active Cooperative Societies with a total share capital of over Ksh2.3 billion, an asset base of over Ksh19…
By George Otieno Numerous Saccos participated in the 100th International Day of Cooperatives celebrations in Mombasa County, taking home various recognitions in their fields of operation. Saccos were grouped into their relevant tiers according to wealth levels, and ranked as per credit management, innovativeness and return on assets. Presided over by Mombasa Cooperative Director Mr….
By Kamau Njoroge The Deputy Inspector General (DIG) of Police Edward Njoroge Mbugua has urged Kenyans to join the Kenya National Police Deposit Taking Sacco for their economic prosperity. The DIG said membership to the Sacco is not limited to police officers and their families but open to all Kenyans. He noted that the Sacco…
By Kamau Njoroge Members of the controversial Ekeza Sacco have warned politicians to keep off its affairs after the government allowed the Sacco to resume normal operations. The members blamed a section of local politicians of orchestrating the Sacco’s downfall for their own selfish political gain and to the detriment of welfare and economic prosperity…
By Kamau Njoroge Members of the controversial Ekeza Sacco have warned politicians to keep off its affairs after the government allowed the Sacco to resume normal operations. The members blamed a section of local politicians of orchestrating the Sacco’s downfall for their own selfish political gain and to the detriment of welfare and economic prosperity…
By Staff Reporter Tea farmers across the country will receive increased bonus payments this year compared to what they earned in 2021. In Kirinyaga County, five tea factories registered impressive bonuses of between Shs31 to Shs35.50 per kilo, up from Shs21 last year. Kenya Tea Development Authority (KTDA) Board member John Mithamo attributed the good…
By Sammy Chivanga Savings and Credit Co-operative Societies (Saccos) are increasingly turning to marketing executives to recruit and retain new members as dormant members rise. This is a new trend in the Sacco movement that has traditionally been depending heavily on existing members to market their organizations. Members have been receiving back up from a…
By Kage Njoroge and Azael Masese When the book of Unaitas history, the name of Joseph Ngaai Kabugu is read loud and clear. Kabugu, the founding member of Unaitas when it started in 1993 in Murang’a, has risen through the ranks to become the society’s third chair. “Members proposed that I join the board in…
By Tsozungu Kombe The Government intends to ensure that co-operative societies become tools for social and economic development. This includes promotion of inclusivity and improved livelihoods for all through participation in the Big 4 Agenda. Speaking during the the 20th Annual SACCA Congress held in Mombasa County, Cabinet Secretary for Industry, Trade and Cooperative, Peter…
By Florence Norah Migori County Youth Bunge Sacco chairman Joseph Nyapete has appealed to the youth to join Saccos to secure affordable loans. Nyapete, who was speaking during the launch of “Kuza Kazi” initiative by Coca-Cola and USAID at Kababu Technical College, urged youths to embrace self-employment. Nyapete told off youths waiting for white collar…
