Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Eugene Kioko Drivers in Machakos were recently screened for various eye conditions at Machakos Bus Park in an exercise organized by Machakos Matatu Owners Association. Association Chairman Steve Mutuku said they organised the clinic in conjunction with the National Transport and Safety Authority and The City Eye Hospital in order to gauge the eyesight…
By Andanje Wakhungu County Government of Kakamega has launched a multi-million smart farm that will be used to collect milk and train youths in Lugari Sub-County. Deputy Governor Professor Philip Kutima said Lugari Dairy Smart Farm at Kabras County Polytechnic will benefit residents. The farm which was constructed at a cost of Sh 23 million…
By Our Reporter Local financial and technology firm Apptivate Africa scooped best Digital Feeding programme in recently concluded Fin Awards 2019. The award recognizes innovative and disruptive FinTech companies across the continent. The firm was honoured for making a simple solution to solve major corporate and social challenges for employers, dubbed M-Kula, which use digital…
By Kage Njoroge Amica Sacco Chief Executive Officer James Mbui has advised cooperators to go take loans for development purposes. “Good loans help us seize investment opportunities when they arise, which give higher rate of return than the cost of loan taken,” he said. Mbui noted many Kenyans especially the youth fall into the trap…
By Jackson Okoth Safaricom Investment Co-operative has joined Ibuka, Nairobi Securities Exchange’s (NSE) premium incubation and acceleration programme for high growth companies in Kenya. The co-operative is joining the Accelerator Board of the programme following a rigorous evaluation and vetting process making it the 18th company to join the programme since its launch in December…
Award-winning don urges government to increase agriculture budget By James Wakahiu Maize famers in the country have been losing millions of bags due to poor post-harvest practices, a Mount Kenya University researcher Donatus Njoroge has said. Njoroge said that most farmers especially small scale farmers in the country have little or no knowledge of how…
Rebranding and opening of common bond has left out Saccos grappling with a myriad of challenges. The increasing rate of loan defaults after entry of new faces, not known by the rest of the group, have pushed some Saccos to unfamiliar territory that have left some with lingering questions… Read this and many more stories…
By Jackson Okoth Savings and Credit Co-operative Societies, which include deposit-taking as well as those engaged in back office operations, have mobilized savings to the tune of more than Sh 420 billion, estimated at 35 per cent of overall national savings. This volume of savings is expected to double in the next few years arising…
