Kilifi registers five new cooperative societies

Kilifi North Sub-county in Kilifi County has registered five new cooperative societies, Sacco Review has learnt. Kilifi North Sub-county cooperative officer, Julius Mwamuye told Sacco Review in Kilifi town recently that one dormant cooperative society, Kilifi Riders Sacco has been revived. He further said that two dormant cooperative societies in the sub-county have been set for…

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Deputy President Wiliam Ruto and management consultant Eliud Owalo during a meeting with a section of leaders and professionals from Nyanza region in Naivasha. Photo:courtesy

President Ruto to open Nyanza International Investment Conference in June

President William Ruto is expected to visit Kisumu to preside over the official opening of the Nyanza International Investment Conference (NIIC) next month, it has been revealed. Information and Communication Technology Cabinet Secretary Eliud Owalo said the President will officially grace the conference. “The Head of State himself will lead a team of local and international investors…

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Cattle prices on the rise following widespread rains

Livestock prices have surged significantly due to improved pastures following recent rains. This marks the first notable improvement after a prolonged drought spanning four consecutive failed rain seasons. Demand for livestock products is expected to rise significantly, with estimates suggesting an increase of 40-50 per cent by 2030. This growing demand is driven by population…

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Imarisha Sacco members Kedowa Special School For the Deaf located in Kericho County. Photo:courtesy

Imarisha Sacco donates sanitary towels to hearing impaired learners in Kericho

On Saturday May 25, 2024, Imarisha Sacco members visited Kedowa Special School For the Deaf located in Kericho County. The Sacco members donated various items including sanitary towels, tissue papers among other items for the use by the learners. “CSR is at the heart of Imarisha Sacco Society Limited, Our commitment to serving humanity is…

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John Gachora, Group Managing Director of NCBA.

NCBA records first quarter net profit up five per cent to KSh5.3 billion

NCBA Group PLC recorded a profit after tax of KSh5.3 billion in its first quarter of 2024 financial results, representing a 5 per cent increase compared to Ksh5.1 billion reported during a similar period last year. It posted an operating income of KSh16 billion and a decline in loan impairment charges of 30.9 per cent…

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Machakos Deputy Governor Francis Mwangangi tours Kwa Mating'i Farmers Cooperative Society on May 24. Photo: Agnes Orango

Government asked to waive debt owed by cooperative societies in Machakos

Machakos Deputy Governor Francis Mwangangi has made a strong appeal to the national government to waive the long-standing debts that are hindering the operations of cooperative societies within Machakos County. Speaking at a meeting with the Kwa Mating’i Farmers Cooperative Society in Matungulu, Mwangangi highlighted the severe impact of these debts. “Many cooperative societies are…

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Family Bank outgoing Board Chairman Dr Wilfred Kiboro

Long-serving Family Bank Board Chairman Wilfred Kiboro retires, architect takes helm

Family Bank Board of Directors has appointed Architect Francis Gitau Mungai as the new Chairman of the board, replacing long-serving Chairman Dr Wilfred Kiboro. Francis Mungai holds a Bachelor of Architecture degree with First-Class Honours from the University of Nairobi and a Master’s Degree in Architecture from the University of California, Los Angeles (UCLA). READ…

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Mi Vida Garden City residencies

Mi Vida Homes partners with Misitu Sacco to foster growth

Mi Vida Homes, a reputable property developer signed a partnership with Kimisitu Sacco and has allowed the members to invest in its residential projects in Garden City, Nairobi. The Garden City Project sits on a 47-acre land with a mixed-use urban development comprising residential units commercial spaces, offices, retail outlets, and recreational amenities. It offers…

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New NSSF logo

NSSF Sacco launches 2024-2028 Strategic Plan, new logo

Simon Chelugui Cabinet Secretary, Ministry of Co-operatives Micro, Small and Medium Enterprises Development (MSMEs) was the chief guest today during the launch of NSSF Sacco Strategic Plan (2024-2028) and New Logo at the Radisson Blu Hotel, Nairobi. The launch is aimed at promoting innovative, commercially oriented and efficient financial services is engraved at NSSF Sacco…

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