Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Stephen Makabila Mombasa Port Sacco Chairman and CEO have been feted among the best in the Country. Peter Nyamai, Mombasa Port Sacco Chairman emerged 1st runners up in the Chairman of the Year Award during this year’s Champions of Governance (COG) Awards, organized by The Institute of Certified Public Secretaries of Kenya (ICPSK). Mombasa…
Konoin Sacco, which has its head offices at Mogogosiek Trading Centre, Bomet County has rebranded to K-Pillar Sacco with its sights set on recruiting more members and expanding its network. The Sacco’s delegates have already endorsed this process, ahead of the official launch to be undertaken next year. This rebranding process will enable K-Pillar Sacco…
Youths have been urged to vie for elective posts in the 2017 General Election to boost their social, economic and political empowerment. The appeal was made by Kabaazi Youth Savings and Credit Co-operative Society (Sacco) Chairman, James Waigi Maina while declaring his candidature for Subukia Ward seat in Subukia Sub-County in Nakuru County. Waigi, 20,…
A Credit Co-Operative Society which was formed by brewers of illicit liquor in Likii slums of Nanyuki is set to benefit from the County Government. The Sacco is on its knees after many of its members defaulted paying their dues following the crackdown on illicit brews and second generation alcohol in the country. Addressing the…
The yet to be passed East Africa Community (EAC) Co-operative Societies Bill has been cited as a great move in allowing Co-operatives to promote and benefit from the regional integration agenda. The Bill which, if passed will enable Saccos to do business in any of the three East African countries, has sailed through second reading…
By Titus Murithi Embu-based Trans Nation Sacco is in the process of training its members on the Society’s latest products and services, including its digital platforms. This programme is to be carried out by Sacco officials in all the branches of the Society. Members will be introduced to the Societies new premium shares which have…
By Tsozungu Kombe Kilifi County residents have been urged to join Saccos in large numbers to uplift their living standards. Speaking during this year’s Ushirika Day at Barani Secondary School in Malindi town, the Executive Committee Member for Education, Salma Ahmed who was representing her Cooperatives Development counterpart Alphonce Tokali told the residents that joining…
By Eric Nyariera Formation of many small Sacco societies is killing the Co-operative movement in Kisumu County. Industrialization, Energy, Enterprise and Development County Executive Committee (CEC) member, Johnson Awuor speaking during Ushirika Day celebrations in Kisumu, lamented that although the county has more than 400 registered Saccos, many of them were ineffective. He said the…
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 larger segment of workers from various organizations. And with a…
By Tito Tavasi The Kakamega County Minister for Agriculture and Co-operative Development. Kulati Wangia has said that Co-operative Societies including Savings and Credit-operatives (SACCOs) can be crucial economic transformers in the County. He made these remarks while launching the formation of Shinyalu, Ikolomani and Khwiserotea co-operative societies. “We will continue to facilitate formation of more…
