Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Nandi County Cooperative Commissioner, Starlin Koech (pictured) has warned the defaulters in the Savings and Credit Cooperative Societies within the County that Sacco’s will be put under Credit Reference Bureau (CRB) for them to find it difficult to access credit anywhere adding that they will have nowhere to hide. He asked those with outstanding loans…
Siret Outgrowers Empowerment Company Ltd Chairman, Wilson Tuwei has asked the National Government to support tea farmers to look for lucrative markets abroad. Saying Kenya produces the best quality tea, he noted that the country’s tea is not sprayed with pesticides unlike other countries where they spray tea bushes with pesticides. “If buyers from foreign…
Kitui County Tourism and Natural Resources Ministry has embarked on a Community Outreach Programme to establish a conservancy at the Kitui B2 Yatta Ranching Cooperative Society Limited ranch. The announcement was made by the ministry’s Chief Officer, Khalid Mahmud when he addressed thousands of members of the ranch during their 52nd Annual General Meeting held…
By Kiptanui Rutto. The County Government plans to upgrade self-help groups to Co-operative societies to help members generate more income. Chief Officer for Co-operatives, Sebastian Mwangangi said the county is working with over 98 societies among self-help groups to improve the living standards of area residents. “We will train the groups and facilitate them to…
Staff Reporter. The County staff have found themselves in a dilemma after it emerged there are no documents to prove remittances of some of their statutory and Sacco deductions. This follows Auditor General Edward Ouko’s recent report that indicated the County Government is unable to account for Sh2 billion it spent in the last Financial…
By Titus Wafula Kakamega Entrepreneurs Sacco (KES) Limited’s membership has grown steadily to more than 400 entrepreneurs with businesses since it started in 2002. Having been established with the sole aim of assisting small-scale businesses, the Sacco has over the years expanded to incorporate a larger segment of workers from various organizations. And with a…
By Our Reporter Invest & Grow Savings and Credit Co-operative Society Limited (IG) Sacco has embarked on an ambitious plan to recruit more youth, women and disabled persons to become members. In order to achieve this, the Sacco has launched new financial products that will appeal especially to the youthful teachers who have been recently…
Winas Sacco Limited, formerly Embu Teachers Sacco, is 8th on the table after it declared a dividend of 12.2 per cent on shares and 12.5 per cent on member deposits for the financial year ended December 31, 2016. Established in 1977 to serve teachers in the larger Embu district, the society has rebranded and…
By Wasike Elvis. Uasin Gishu County Government through the Ministry of Trade is set to revive all collapsed Cooperative Societies in the County by giving out funds for this purpose. According to the CEC in charge of Trade, Industry and Tourism Philip Melly, most Cooperatives collapsed due to mismanagement, corruption and lack of qualified staff…
By Munene Maina. Nakuru County Government has embarked on an ambitious strategy to strengthen farmer’s co-operatives and boost Agricultural sector. Speaking to Sacco Review in his office, Nakuru Co-operatives Director Patrick Mak’Anyengo said strong societies for farmers will ensure they get good returns from their activities. “Agriculture sector plays a big role in our county…
