Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Kamau Njoroge Karibu Kenya Ventures Limited, a regional microfinance company based in Thika, has rebranded into Incredo Finance as it seeks to spread its wings in the financial services industry. The microfinance, which mainly targets Micro, Small and Medium Enterprises (MSMEs), is seeking to grow its customer base to 50,000 in a span of…
By John Majau Naivas supermarket chain has opened a branch Fusion’s Greenwood city mall in Meru town. The supermarket is also eyeing new stores in Maua and Isiolo towns after opening its first outlet in the Mount Kenya East region. Meru becomes the 87th branch the retailer has opened as it steps up its expansion…
By Munene Kamau Fortune Sacco FC from Kirinyaga County which got an automatic promotion to the National Supper League a few months ago will now start using the Wanguru International stadium for practice and national engagements . This fortunate development has come about after a weekend presidential directive that this team which has done proud to the county be…
By Kamundia Muriithi Farmers’ groups in Kirinyaga County are now an elated lot after they started reaping big from their projects which were funded by the County government. Governor Ann Waiguru’s administration through a program dubbed Wezesha Kirinyaga has offered support to over 473 groups by providing them with livestock, veterinary services, feeds and market…
By John Majau The miraa sub-sector has shown signs of recovery from the two-year ban in Somalia, signalled by the increased deposits farmers make at Saccos and other banking institutions. According to Mr Titus Munjuri, Dhabiti Savings and Credit Cooperative Society’s chief executive, farmers’ deposits had risen by about 15 per cent over the past…
By Kamau Njoroge Coffee farmers from Gatundu North in Kiambu County have hailed president William Ruto for promising to reduce the price of fertilizers by half. The farmers, led by John Kaguchia, said they are optimistic that through cheaper fertilizers, their production will increase and in turn translate to higher returns. “We are glad that…
By John Majau Milk production in the Mt Kenya region has dropped by about 40 per cent due to drought even as dairy farmers complain about high costs of production. Farmers called for subsidies on animal feeds to be introduced, though President William Ruto’s new administration insisted that subsidies were unsustainable, scrapping the one on…
By Asa Maina Nyeri County is largely dependent on the Cooperative sector for its socio-economic growth and transformation, governor Mutahi Kahiga has said. Enumerating the successes of the sector, Kahiga said that the county has over 193 active Cooperative Societies with a total share capital of over Ksh2.3 billion, an asset base of over Ksh19…
By Kamau Njoroge Members of the controversial Ekeza Sacco have warned politicians to keep off its affairs after the government allowed the Sacco to resume normal operations. The members blamed a section of local politicians of orchestrating the Sacco’s downfall for their own selfish political gain and to the detriment of welfare and economic prosperity…
By Felix Wanderi Githunguri Dairy Cooperative (GDC) Sacco has launched a new branch in Ruiru, Kiambu County. The move has seen a rise in the Sacco’s branches to seven. Speaking during the Sacco’s 19th Annual General Meeting held at Elysian hotel along Kiambu Road, the Sacco’s Chairman Joseph Mburu revealed that the society had also completed…
