Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Hell broke loose during Sunrise Dairy Cooperative Society in Butali Chegulo ward, Malava constituency annual general meeting after members protested and called for the immediate arrest of staff and individuals who purchased their products and have refused to pay a debt amounting to Ksh218, 000. The members unanimously agreed to surcharge the debt to the…
Saccos are increasingly winning county government staff into the cooperative movement but are dragging their feet on investing in multiple sectors at grassroots level in order to deepen their relevance in the economy. The lack of properly structured internal policies for making targeting investments is standing in the way of the pace of their integration…
Yetu Sacco Society has opened a new branch in Chuka town, Tharaka Nithi County in a bid to reach out to more members. Sacco Chairman Mark Gitonga assured members that their money is safe and advised them to apply for loans, stressing that the frequency of getting the loan will be determined by the rate…
Farmers in various cooperative societies across Machakos County stand to gain following the huge allocation for the agriculture sector in the county’s Ksh14.75 billion 2023/2024 budget proposal. County Finance Executive Committee Member Onesmus Kuyu said agriculture was allocated Ksh904 million to enable farmers access affordable agricultural inputs, add value to their produce and enhance marketing…
Charles Omwansa, the CEO of the giant Gusii Mwalimu Sacco, has called it a day. Omwansa, who has three decades of experience in the Sacco sector, has left the institution with a rich and unrivalled legacy. The Sacco held a retirement party at Monarch Hotel in Kisii County which was graced by other Sacco members,…
Fish farmers in Vihiga County have a reason to smile after the county government established its own largest facilities in the country, Mwitoko Fish Hatchery and Aquaculture Training Centre, from where they will get quality and certified fingerlings at subsidized prices. Initially, farmers had no source of certified fingerlings, having to get it from distant…
Kenya Teachers Sacco Association (KETSA) has registered significant growth in its programmes for the last one year. Association Chairman Robert Kithanju revealed that the programmes undertaken by KETSA have led to a growth in asset base from Ksh260 million in May 2022 to Ksh349 million currently, translating to a growth of 34 per cent. During…
President William Ruto has revealed that his administration will put in place proper mechanisms to manage the cooperative movement well to ensure Sacco members are safeguarded from exploitation by brokers and cartels. Speaking during Meru Dairy Cooperative Union’s 8th annual field day at Gitooro showground in Meru town, Ruto lamented that it’s very sad that…
Rice farmers in Nyando, Kisumu county have been urged to join cooperative societies to enable them find ready markets for their produce as well as weed out cartels from their midst and ease access to credit. National Irrigation Authority (NIA) West Kenya Region Scheme Manager Kennedy Ouma said cooperatives are a vital element of development…
Uasin Gishu Governor Jonathan Bii has challenged Ainabkoi Farmers’ Cooperative Society members to embrace potato farming owing to the current good climate that favours the growth of the crop. He was speaking recently after visiting the cooperative society accompanied by Netherlands Deputy Ambassador to Kenya H.E Joris Bommel and Warehouse Receipting System (WRS) Acting CEO…
