Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By George Otieno The Kenya Union of Savings and Credit Co-operatives Limited (KUSCCO) conducted its 7th annual Sacco leaders’ convention at the Sarova White Sands Hotel in Mombasa. The theme of the event was, “Saccos Collaborate: The clock is ticking.” The three day event was graced by different Sacco players who converged to look at…
By Shichangi Richard Wevarsity Sacco has held a meeting with its members who are top savers to chart the way forward of the Sacco operations. Speaking to Sacco review after the meeting, the chairman Dr David Alila disclosed that the Sacco management realized that they needed the input of its top savers so that they…
By Oanga Oyugi The recent award of a doctorate degree to Kisii Farmers’ Cooperative Union CEO Dr.Robert Nyabaro Mainya has impacted positively on employees of the giant cooperative as many of them have started pursuing higher education. Dr. Mainya, who has steered the Union for over 10 years, was among several graduates who were honoured…
By Roy Hezron The Ministry of Agriculture, Livestock, Fisheries and Co-operatives have defended the recent move of reviewing veterinary certification fees and payments in regard to import and export of livestock products and animal feed ingredients which are charged by the Directorate of Veterinary Services. The review saw the charges for imported livestock products increased…
By Dennis Bett Giant Baringo-based Boresha Sacco’s active membership hit 71,088 by the year ending December 31, 2021, up from 60,656 in 2020; a clear indicator of rising fortunes of the vibrant society. Speaking during a recent education day for members at Sacco headquarters in Eldama Ravine, Sacco CEO Jacob Mengich said there was an…
By Obegi Malack Commissioner for cooperatives David Obonyo has challenged Saccos to invest in robust Information and Communication Technology (ICT) system in all their operations to improve competitiveness. The commissioner, who was speaking during Sheria Sacco’s Annual Delegates Meeting, said the Covid-19 pandemic proved that ICT system is a must for Saccos. He said…
By Kamundia Muriithi A meeting of coffee farmers affiliated to the troubled Murue Farmers’ Co-operative Society in Embu convened to iron out management wrangles ended abruptly after two factions clashed. That was the second such meeting to abort. The purpose of the meeting convened at the society’s premises by the Office of the Commissioner of…
By David Kipkorir Eliud Chepkwony, the CEO of Jamii Savings and Cooperative Society, only has a few days at the helm of the Sacco before he calls it a day. Chepkwony has decades of experience in finance in the Sacco sector and has served Jamii Sacco for the last 34 years. Speaking to Sacco Review,…
By Rosemil Oduor Appzone Core held its first international workshop for Kenyan Saccos in late February at Elysian Resort, Kiambu road to educate the sector on the difference between ERP systems and core banking systems. The event further created an opportunity to unpack the benefits of their widely used BankOne core banking system and how…
By Our Reporter 26 Kenyan companies have committed trade investments worth $1.6Billion in the Democratic Republic of Congo. The 26 traders are part of the Kenya delegation that participated in last year’s Kenya-DRC Trade Mission organized by the Government of Kenya and the Government of the Democratic Republic of Congo (DRC) in partnership with Equity…
