Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Agriculture Principal Secretary Dr. Paul Kiprono Rono has ordered investigations into suspected fraud and registration of suspicious companies in the name of Micii Mikuru Tea Factory in Meru County. This follows claims of concerns of misappropriation of funds by the management. This follows protests by farmers after the management declared a bonus payout of Sh….
Stakeholders making submissions on the proposed Tax Laws and the Business Laws (Amendment) Bill are seeking an extension of the tax amnesty to cover the taxes due and not paid between December 2022 and December 2025 to allow more taxpayers to take advantage of the program to settle outstanding tax balances. The Stakeholders who were…
Dear Boda boda Riders I write this epistle to commend you for the indispensable role you play in our communities. Whether in the bustling streets of our cities or in the quiet corners of our villages, you remain a cornerstone of our transport system, serving millions with dedication, courage, and resilience. You are the unsung…
The recent heart-rending media reports on the sorry state of Koyasa Dispensary located in Kibish Sub-county of Turkana County left many Kenyans marveling at the way residents of that region survive in terms of healthcare. It was reported that the Dispensary in question was designed to serve a total of 5000 villagers but they had…
The Department of Gender, Youth, Sports, and Social Services held a press briefing to announce the upcoming launch of the Nyeri County Youth Development Policy 2023. The event is set for November 29, 2024, at Moi Nyeri Complex School. Led by Gender CECM Esther Ndung’u, the briefing highlighted the policy’s transformative agenda aimed at addressing…
Cabinet Secretary for the Ministry of Cooperatives and MSMEs Development, Wycliffe Oparanya, has urged cooperative movement stakeholders to come up with actionable ideas to propel the cooperative sector forward. Oparanya, who was addressing the cooperative movement stakeholders during the 3rd Annual Cooperative Movement Stakeholders’ Forum held from 18th to 22nd November 2024 in Naivasha, said…
Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya has instructed Commissioner for Cooperatives Development to develop a Dividend Policy for Cooperatives that will ensure that no cooperative borrows to pay dividends. The CS who was speaking in Nairobi during the launch of the strategic plan 2023-2027 for new Kenya Planters Cooperative Union (KPCU) said the…
Savings and Credit Cooperative Organizations (SACCOs) have long been heralded as engines of financial empowerment, particularly in underserved and emerging markets. They provide a lifeline for millions by offering affordable credit, encouraging savings, and promoting economic inclusion. Yet, like any other financial or corporate institution, SACCOs are not immune to the inherent cycles of growth,…
African Confederation of Cooperative Savings and Credit Associations (ACCOSCA) in close collaboration with the Africa Co-operative Development Foundation (ACDF) held 2nd International CEOs’ Credit Union Summit in Africa. The selected global Cooperative business leaders convened in Zimbabwe, Botswana, and Zambia to unpack strategies to foster the growth and development of SACCOs in Africa. The leaders…
Bungoma Governor Kenneth Lusaka has revealed plans to restructure cooperative societies to boost their efficiency and allow them support farmers more effectively. Speaking at a burial ceremony in Kabuchai constituency, Lusaka underscored the critical role that cooperatives play in empowering the local farming community and lifting the region’s economic prospects. “Cooperative societies are the lifeline of farmers’…
