Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The Sacco Societies Regulatory Authority (SASRA) has urged Saccos to develop new savings and credit products tailored to the changing needs of members, a move that will greatly reducing dormant accounts. SASRA, in a report released on Wednesday, noted that reactivation of dormant accounts should be the top priority for Saccos that seek to boost…
The government targets to create five million jobs in the Micro Small and Medium Enterprises (MSMEs) sector in the next three years, Cooperatives Cabinet Secretary Wycliffe Oparanya has revealed. Oparanya disclosed that currently 15 million Kenyans are employed in the MSME sectors and the government has plans to move the number to 20 million in…
The New Kenya Co-operative Creameries (New KCC) has re-advertised the position of Managing Director (MD) to replace Nixon Sigey whose tenure at the creamery is drawing to a close. In a job advert made by the creamery, the interested party must be a team leader with a track record in business leadership. “We are seeking…
Mwalimu National SACCO has maintained its top position as the largest SACCO in Kenya and Africa with an asset base of over Ksh.66.43 billion this is according to Sacco Societies Regulatory Authority (SASRA) 2023 Annual SACCO Supervision Report. The report released on Wednesday indicated that Stima DT Sacco commands ksh 59. 15 billion taking second…
Cabinet Secretary for Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development Wycliffe Oparanya, has disbanded the management of Barichu Farmers’ Cooperative Society Limited in Mathira Constituency, Nyeri County. During a visit to the society in Karatina town yesterday where he met with thousands of farmers, Oparanya ordered the immediate removal of the management to allow for…
Sacco Societies Regulatory Authority (SASRA) has released 2023 Annual SACCO Supervision Report, the report documents the performance, activities, and operations of SACCO Societies in Kenya. The Cabinet Secretary Ministry of Cooperatives, Micro Small & Medium Enterprises (MSMEs) Wycliffe Oparanya who was the chief guest during release of the report on Wednesday said the SACCO industry…
The Governor of Siaya County James Orengo has termed the newly launched Diamond Trust Bank (DTB) branch in Bondo as a significant milestone, not just for the bank, but for the residents. Speaking during the commissioning of the bank recently, Orengo asserted that Bondo, just like many other fast urban growing areas across the Nyanza…
Machakos County Chief Officer for Cooperatives Anthony Mutunga has affirmed that the revival of coffee farming in the county is well underway. Speaking on the county’s ambitious plans to boost the once-thriving coffee sector recently, Mutunga emphasized the importance of integrity in cooperative leadership as a key driver for success. “There’s a need for integrity…
The Lake Region Economic Bloc (LREB) Chief Executive Officer (CEO) Victor Nyagaya has revealed that they are looking to partner with the Indian Railways Catering and Tourism Corporation to promote the region as a prime tourism destination. Speaking in Kisumu recently, Nyagaya said that the collaboration would position Kisumu County as the first port of call…
The Ministry of Cooperatives and MSMEs Development Cabinet Secretary (CS) Wycliffe Oparanya has said the government will allocate more resources to support to the Co-operative University of Kenya (CUK) in executing its role in the growth of co-operative movement in Kenya. Oparanya who met the University’s top management led by Vice Chancellor, Prof. Kamau Ngamau…
