Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Munene Maina. NyandaruaGovernor Francis Kimemia has urged the County Assembly to legislate on proposed Nyandarua County Co-operatives Bill which seeks to set up a fund to reinvigorate co-operatives in the county. The Governor said some of the existing legislation would be amended to enhance service delivery to residents and empower farmers and other agriculture-oriented…
By Mary Wanjiru Ndung’u. Savings and Credit Co-operative Society’s (Saccos) membership recruitment is an ongoing process that requires planning and a well thought out strategy. The reasons as to why Saccos need to constantly recruit is so as to grow their membership base, maintain their relevance and strengthen their financial muscle. Recruiting is the lifeblood…
By Godfrey Wamalwa. Ng’arisha Sacco, formerly known as Bungoma Teachers Sacco, recently held a week-long Education Day to enlighten 13,000 members on its goals and achievements. The members are drawn from teaching fraternity, micro-credit, retirees, and county government staff among others. During the well-attended event, the management highlighted sacco’s achievements and challenges as well as…
By Jackson Okoth. It is a race against time for Sacco loan defaulters as the noose tightens on their necks. This follows recent disclosures by the Principal Secretary, Ministry of Industry, Trade and Co-operatives Ali Noor Ismail that the Ministry is working on a plan together with the Central Bank of Kenya (CBK) and the…
By Dennis Bett. Matatu Saccos in Nandi County have pledged to pay taxes so as to enable the Government improve service delivery to the residents. Matatu operators who fall under six Saccos operating in Kapsabet main bus station and other bus stations across the county had rejected a mandatory payment of taxes since December 2016…
By James Wakahiu. The Chairman of Central Rift Boda boda Association, Stanley Kitetu has urged operators in the country to join the co-operative movement and improve their living standards. Kitetu who leads over 20, 000 members said the co-operative movement had transformed the lives of many Kenyans and boda boda operators should not be left…
By Godfrey Wamalwa. The Bungoma County Government has said that it has registered over 200 Cooperatives since 2013. The Bungoma County Chief Officer in Charge of Cooperatives Societies, Sella Mutsotso disclosed this in an interview with the Sacco Review recently. She expressed hope that Cooperatives would provide employment opportunities to youths in the County. “We…
By Dan Mweza. Savings and Credit Cooperative Societies (Saccos) in Mombasa have lauded the County Government for stepping in to control and manage the Saccos which for a long time have been under the National Government. Speaking during the Mombasa International Sacco Day celebrations at Best Western Hotel, stakeholders brushed off allegations from different quarters…
By Dennis Bett. Tuiyotich Farmers Co-operative Society Ltd is set to reap big from rising milk volumes after the society purchased an Isuzu pick-up truck to transport the milk. The society has also embarked on sensitization of members to embrace better animal husbandry. Through partnership with the Uasin Gishu County’s Enterprise Development Fund, the society…
By Tsozungu Kombe. Savings and Credit Cooperative Society members in Kwale County have been urged to embrace LIPA na M-PESA services to enhance efficiency. Safaricom Company Limited official in charge of South Coast Region, Kelvin Songa said that the LIPA na M-PESA services are efficient. “In Kenya, the ICT Sector has continued to grow by…
