200 Non-compliant Saccos face the axe

By Our Reporter. Up to 200 Saccos that are non-compliant with the law will be deregistered, Sacco Review has established. At the top of the list of Saccos that will be struck off societies register are those that have in the last three years not submitted audited annual financial results and therefore are out of…

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Sugarcane Co-ops appeal for tax waiver

By Benedicto Tirop. Sugarcane Savings and Co-operatives Societies (Saccos) leaders have urged Kericho County Government to waive cess levied on their earnings to enable the sector compete effectively in availing financial aid to Kenyans. Led by the Chairman, Joash Korir, members of Chepkoinik Cooperative Society said the County should scrap the collection of Sh15,000 per…

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Mosop youths to benefit from NYS Sacco

By Our Reporter. At least 900 youth in Mosop Constituency of Nandi have been enlisted to undertake civil works under the National Youth Service (NYS) Kazi Kwa Vijana Programme. The programme will see the youths save their funds in Savings and Credit Co-Operative Societies (SACCOs) in partnership with the Ministry of Tourism and Cooperative Development….

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Over 200 Saccos in Kilifi registered

By Our Reporter. Kilifi County has registered over 200 Savings and Credit Co-operatives (Saccos) in the last four years. Speaking during the 2017 Ushiriaka Day celebrations held at Kizurini Secondary School in Kaloleni Sub-county recently, Acting Kilifi County Government Executive Committee Member in-charge of Co-operative Development, Christine Pekeshe said 243 have been registered to date….

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Saccos urged to embrace good governance

By Our Reporter. The former Imarika Sacco chairman has urged Savings and Credit Cooperative Organizations (Saccos) to embrace good governance and innovation. According to him, such a practice will make them competitive and attract new members. Mr. Richard Dzombo (pictured) was speaking during Qwetu Sacco Annual Delegates Meeting in Taita Taveta County. Dzombo said, “One…

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Beware fake surveyors, Machakos Co-operators warned

By Makoma Musyoka. Members of Mukamukuu Farmers Co-operative Society in Matungulu Sub County have been cautioned to be wary of unlicensed surveyors who have been erecting illegal beacons to survey land parcels for members. The society’s outgoing chairman, George Mutiso said several members had fallen victims to the scam, which he said was being perpetrated…

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