Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
A six-member team has been constituted by the Kisumu County Government to revive key ailing sub-sectors of the economy that are critical to the growth of the lake side region. The team has been picked to collaborate with Equity Bank Kenya for intervention in revival of some ailing agriculture sub-sectors and enhance cross border trade….
There is a ray of hope of compensation for former employees of Nakumatt Supermarket after they were invited to a meeting with trustees and the liquidator to learn about how they will get their benefits. According to a notice issued today, the supermarket asked their former employees who are yet to receive their pensions to…
A sugar workers union has warned of a major backlash if the rejected Finance Bill 2024 is forced down the throats of Kenyans. The Kenya Union of Sugar Plantation Workers (KUSPAW) Secretary General Francis Wangara said Kenyans will resist attempts to reintroduce the bill. Speaking in his Kisumu office, Wangara observed that there is nothing…
Cooperatives Cabinet Secretary (CS) Wycliffe Oparanya has affirmed that the government is committed to undertake several policy interventions to address the challenges affecting the sector. The CS, speaking during the launch of the Inaugural Annual SME Conference, Awards and Exhibition yesterday hosted by the Kenya Private Sector Alliance (KEPSA) at the Kenya Institute of Curriculum…
Deputy President Rigathi Gachagua has called on the Parliament to fast-track the passing of the Cooperatives Bill into law to streamline the cooperative societies sector. “The problem that we have regarding coffee, tea, dairy milk and other cash crops is governance in our societies. I want to call upon our MPs and Senators to quicken…
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…
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…
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 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 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…
