County focus

Trans-National Times Sacco picks new officials

By Our Repoter. Trans-National Times Sacco (TNT) has elected new officials after the serving ones on a rotational basis retired. The long-serving chair, Christopher Nyongesa retired and handed the mantle to his Treasurer, Robert Omari. Nyongesa has been serving as the Sacco chairman since 2008. Speaking during the Annual Delegates Meeting (ADM) recently, Nyongesa exuded confidence as he welcome Omari, ...

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Draft Bill disastrous,says Rift Valley Kussco boss

By Kephas Ayiecha. The Government’s plan to amalgamate financial institutions through the draft Finance Authority Bill of 2016 should be rejected as members will have to tighten their belts since the future will be uncertain. Kenya Union of Sacco Societies (KUSCCO) Rift Valley chairman, Robert Owino told Sacco Reveiw that if passed, the Bill will subject Saccos to uncertainty, forcing ...

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Tugen Hills Farmers Sacco recruits more members

By Alfred Kimosop. One of Baringo County’s oldest Co-operative societies, Tugen Hills Farmers Sacco has embarked on recruitment of members to strengthen the society. Formed on June 10, 1964 the society blossomed in early 1960s and 1970s, increasing its membership through engaging in various activities among them coffee, pyrethrum farming and milk production. Talking to Sacco Review in an exclusive ...

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Tuiyotich Farmers Society reaps big from rise in milk volume

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 purchased an Isuzu pick-up truck ...

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Hekima Sacco launches Strategic Plan

By Staff Reporter. Nandi Hekima Sacco Society Limited has launched a Strategic Plan whose focus is to strengthen its financial base, credit management, physical facilities, governance, human resource, products and services, and operational functionalities. Speaking during the Society’s recent Annual Delegates Meeting (ADM), Nandi Hekima Sacco Board Chairman, Rev. Canon James Bassy, said the Sacco has introduced new financial products ...

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Mandago: Shs 90m disbursed to Co-operatives

By Wasike Elvis. Co-operative Movement in Uasin Gishu County has since inception of devolution in 2013 experienced tremendous growth, Governor Jackson Mandago has said. Speaking to Sacco Review in Eldoret recently, Mandago said his Government has increased funding to Co- operatives to grow the County economy and offer residents incentives to take up investment opportunities. “Sh90 million has been disbursed ...

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Women, youth told to embrace a saving culture

By Makoma Musyoka. The Chief Executive Officer of Universal Traders Sacco Society in Machakos County, Mr. Dominic Mutunga has urged women and youth groups to embrace a saving culture so as to eradicate poverty. He told them to join cooperatives as they are powerful vehicles of social inclusion and political and economic empowerment of their members. Mutunga was speaking during ...

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Capital Sacco posts better returns

Capital Sacco posts better returns. By our Reporter. Capital Sacco has announced record business results for 2016, in which the company saw impressive year-over-year revenue growth while signing a record number of new members. Capital Sacco Marketing Manager, Mr. Kenneth Gitonga said the business brushed off a tough business environment to post impressive results. He said the Sacco’s growth was ...

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Co-operators warned against land fraudsters

By James Wakahiu. Urithi Housing Co-operative Society Chairman has warned Co-operative members of ongoing land scam in which members are conned millions by fraudsters. Mr. Samuel Maina said that there is need to educate the members of public on possible ways of identifying genuine investments to avoid falling prey to the scammers. He said there are a lot of con ...

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Winas Sacco to forward names of loan defaulters to CRB

By Kamundia Muriithi. Members of Winas Sacco Society Ltd who default on loans advanced to them will have their names listed by Credit Reference Bureau (CRB). The Sacco through a paid up newspaper notice dated May 5, 2017 warned that non-performing loans would be forwarded to the CRB. “This is to notify all members that Winas Sacco Society Ltd has ...

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