Co-op News - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Why SACCOs should embrace digitization of products, services

Sacco ReviewAugust 15, 2024010 mins

Savings and Credit Co-operative Societies (SACCOs) across the continent of Africa are embracing digitization rapidly to catch up with the fast changing business and financial services landscape globally. Ranging from the use of digital core banking systems to customer support to tech-enabled information management systems, SACCOs are transforming age-old business models, facilitating greater efficiencies and…

Over 800,000 youth to benefit from World Bank funded project

Sacco ReviewAugust 15, 2024August 15, 202403 mins

The National Youth Opportunities towards Advancement (NYOTA), a World Bank funded project is set to benefit over 800,000 youth in the country, Youth Affairs and Creative Economy Principal Secretary (PS) Ismail Maalim Madey has revealed. According to Maalim, the project mainly targets to address the rising challenge of youth unemployment, and that it will be…

GROOTS Kenya empowers 21,000 youth in all counties to start own businesses

Sacco ReviewAugust 14, 202403 mins

Youth have a reason to smile after Grassroots Organizations Operating Together in Sisterhood (GROOTS) Kenya empowered over 21,000 of them in all 47 counties to start their own businesses. The amount the NGO gave was Ksh3 million. GROOTS Kenya Director Rael Kagoiya, speaking at Nakuru ATC during The International Day for the Youth attended by…

Kenya Seed MD blames subsidized fertilizer for shortage of maize seed in the country

Sacco ReviewAugust 14, 202405 mins

Kenya Seed Company Managing Director Sammy Chepsiror has admitted that there was a shortage of maize seed in the country this year, blaming it subsidized fertilizer by the government. Speaking when he appeared before the National Assembly Committee on Agriculture and Livestock yesterday to answer questions over the shortage of maize seed during the last…

Nakuru Governor introduces Co-op Revolving Fund

Sacco ReviewAugust 8, 202401 mins

Nakuru Governor Susan Kihika has introduced Co-operative Revolving Fund pumping in an initial amount of Ksh25 million to help co-operative members in the county to get access to cheap loans. According to the County Executive Committee Member in charge of Trade, Co-operative, Tourism and Culture Stephen Kuria who is also former Biashara Ward Member of…

Govt to address challenges in Agriculture to improve food security

Sacco ReviewAugust 8, 202404 mins

The government has assured farmers in the country that it is going to address challenges facing the agriculture sector in the country in a bid to improve food security in the country. Principal Secretary (PS) in the State Department of Agriculture Dr Kiprono Rono who was speaking during the just concluded Kisumu Regional ASK show…

Nyanza sugar cartels put on notice

Sacco ReviewAugust 8, 202403 mins

Principal Secretary in the State Department of Agriculture Dr Paul Rono has affirmed that the government is going to deal with sugar cartels in the Nyanza Region in a bid to ensure that sugar farmers fully benefit from their sweat. Speaking during a stakeholder’s visit to inspect the status of Muhoroni and Chemelil Sugar factories,…

President Ruto signs bill into law allocating Agriculture sector ksh 20 billion

Sacco ReviewAugust 5, 202405 mins

Farmers are among beneficiaries in Supplementary Appropriation (No.2) Bill (National Assembly Bill No. 39 of 2024) that was signed into law by President William Ruto on Monday. The Act allocates substantial funds to critical sectors. The Agriculture sector has received Kshs. 20 billion boost for fertilizer subsidies, waive coffee farmers debt, support dairy farmers, purchase…

Govt takes steps to address unsold tea stocks challenges

Sacco ReviewAugust 3, 202403 mins

In response to the growing surplus of unsold tea, the government has implemented decisive measures to address the situation. These actions specifically target smallholder tea factories under the management of the Kenya Tea Development Agency (KTDA). This comes after a meeting on August 1, 2024 at the Tea Trade Centre, which included Agriculture Principal Secretary…

Link between TVETs and agriculture in Embu still low, experts say

Sacco ReviewAugust 3, 202405 mins

The success of campaigns to link Technical Vocational Education and Training institutions (TVET) and industries to ensure graduates emerge with requisite market oriented skills especially in value addition chains in agriculture remain low in Embu County. Processing and value addition of multimillion cash crops such as coffee, tea, avocado, macadamia among others has remained the…