Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Ben Oroko. Gusii Mwalimu Sacco has embarked on a comprehensive economic empowerment campaign aimed at boosting its members’ financial goal identification and debt management. The members were trained during the Sacco’s Education Day held recently to ensure they learn various issues affecting them in the fast changing Co-operative movement. Speaking to Sacco Review in…
By Ndichu Kamau. The Kiambu County Government is keen to draft laws that will ensure Savings and Credit Co-operatives respond to the economic needs of local residents. This disclosure was made recently by Gerald Githinji, Kiambu County Deputy Governor who is also the County Co-operative Minister. He said that plans are underway to make laws…
Chuka Housing Co-operative Society has has joined in the epic transformation of Chuka town, a fast growing business hub in the County. The society, which broke out from Chuka Farmers’ Co-operative has turned around the face of the town after constructing state-of-the-art buildings. It enjoys rent from Co-operative Bank, Thamani and Southern Star Saccos among…
By Joseph Mukubwa. Biashara Sacco Society, located in Nyeri County is targeting students through its Corporate Social Responsibility (CSR) programmes this year. This is through its school feeding programme, which was recently launched at the DEB Nyeri Primary School in Nyeri town. The Sacco has already spent some Sh200,000 on the initiative where over 500…
By Joyce Mong’are. Meru Central Cooperative Union has diversified its operations for more revenue generation to enable them finance their operations without any funding from the farmers. Imenti House on Nairobi’s Moi Avenue is to be upgraded into a 25-storey building by the union.The group will also develop a shopping mall and a storeyed commercial…
By Dennis Bett. The County Government of Elgeyo Marakwet has announced plans to revive dormant cooperative societies in the region. Mrs. Anita Kimwatan, Keiyo South Sub-county Trade and Cooperatives Chief Officer said at a function held at Lelboinet, that farmers should joining co-operative societies to boost their earnings. She promised to provide more financial support…
By Wesley Ken. Elimu Sacco Society Limited recently held a well-attended all-members’ Education Day at Jamhuri High School Hall in Nairobi to enlighten members on their rights and obligations. The initiative, which is part of the Sacco’s annual activities was aimed at empowering members through imparting to them useful knowledge concerning the Sacco’s products and…
By Kage Njoroge. James Kimani Mbui the Chief Executive Officer of Muranga-based Amica Sacco Ltd, formerly Murata Sacco is considered one of the captains in the Sacco industry with vast experience. Considered one of the best performing Chief Executives, the 48-year- old Mbui begun his journey in the Sacco industry more than 26 years ago…
By Wesley Ken. Solution Sacco Limited reported exponential growth in the year ended 31st December, 2016. This is amid challenges and stiff competition in the Financial Environment. This impressive performance is a culmination of prudent management, provision of market driven products, seminars, excellent customer service and rigorous marketing. Total assets shot up from about Sh2.9…
The County Government is formulating a legal policy framework to accelerate the growth of the Cooperative activities in the region. Governor Ranguma revealed that the County Government in collaboration with the Co-operative Alliance of Kenya is at advance stages of developing a Cooperative Society Bill. In a speech read on his behalf by the County…
