Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
County governments have resolved to aggregate Small and Medium Enterprises (SMEs) into viable cooperative societies in a bid to grow the country’s economy through the bottom-up model. This decision was agreed upon during the meeting held recently at a Mombasa hotel to discuss collaboration by county and national governments in strengthening the Cooperative sector as…
Robert Mbati Cheminingwa, a teacher by profession, borrowed Ksh750,000 from the Stawisha Sacco in 2013 to purchase five acres of land in Endebess, Trans-Nzoia County. He then decided to venture into potato farming and that was the turning point of his life. Before this loan, he had earlier on borrowed Ksh500,000 from the same Sacco…
Elgeyo Marakwet County Executive Committee Member (CECM) for Cooperatives, Trade, Industrialization, Tourism and Wildlife Robert Kangogo has hailed cooperative societies for their pivotal role in transforming lives in communities. Speaking during the regional Ushirika Day celebrations at Iten grounds, the CECM said the sector was in tandem with the national government’s bottom up economic transformation…
As the country’s hard economic times bite, boda boda riders, farmers and traders from the Western region have been asked to join Saccos and invest in the future to cushion themselves against the current cash crunch.Speaking to journalists in Busia town, Faridi Sacco chairman Godfrey Saidi said many boda boda riders are facing a lot…
Machakos County Chief Officer (CO) of Cooperatives Benedict Ngumbau has urged officials of cooperative societies to uphold integrity and abide by the Cooperative Societies Act to ensure the survival of their cooperatives.Speaking after a visit to Komarock Housing Cooperative Society, the officer pointed out that most cooperatives fail due to mismanagement.“Cooperatives should ensure they hold…
Bungoma County Chief Officer for Cooperatives Development Beatrice Nakhumicha has urged the county government to sensitize cooperative society leaders on leadership and management. Speaking during the International Cooperative Day celebrations held at Mt Elgon Coffee Mills, Nakhumicha attributed the collapse of cooperative societies in the region to management wrangles and argued that training the leaders…
Uasin Gishu County’s Department of Trade, Industrialization, Tourism, Cooperatives and Enterprise Development has trained cooperatives and Saccos across the county to revolutionize the cooperative landscape. The training exercise encompassed a wide range of vital topics focusing on areas such as share mobilization, book-keeping and auditing, management strategies, and embracing new technological trends. The department’s County…
Machakos County Deputy governor Francis Mwangangi has revealed that the county government will continue mobilizing resources from various development partners in order to boost the growth of cooperatives which are vehicles for accelerated sustainable development. Speaking during the101st International Day of Cooperatives celebrations held at Kenyatta Stadium, the deputy governor, who represented Governor Wavinya Ndeti,…
Nakuru county Governor Susan Kihika has urged Sacco leaders to embrace good leadership to ensure the survival of their societies. In a speech read on her behalf by Deputy governor David Kones during the 101st Ushirika day celebrations, Kihika said Saccos are great contributors of economic development hence they should be managed well to safeguards…
Taita-Taveta Deputy Governor Christine Kilalo has urged cooperative societies to embrace innovation to widen their markets to net potential members at the grassroot level. Speaking during the commemoration of the 101 International Cooperatives day themed “Cooperatives for Sustainable Developments”, the deputy governor pledged to offer a prize of Ksh1 million to the cooperative society that…
