Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Only 22.9 per cent of women hold CEO position By Jackson Okoth Women are yet to break the glass ceiling in terms of ascending to top leadership in co-operative societies. Industry findings indicate that men still dominate boardrooms, management suites and internal audit positions within most of these societies. This gender disparity has remained intact…
By Jackson Okoth Government-based Deposit Taking-Saccos control majority of both total assets and total deposits in the Sacco sub sector. These financial co-operatives, which derive the bulk of their membership from Ministries, State agencies, Corporations and County Governments, controlled 37.67 per cent of the industry’s entire balance sheet of Sh 495.25 billion as at the…
By Washington Okellah Hundreds of rice growers from Bunyala sub-county in Busia County, who are members of Bunyala Rice Farmers’ Cooperative Society Ltd, are set to earn more. The Society has harvested and sold rice planted on 700 acre parcel of land according to its chairman Robert Musolo. He said they have a membership of…
By Our Reporter Beth Mugo Cancer Foundation in collaboration with Co-operative Bank and other partners has drawn out a countrywide programme of Free Cancer Screening Camps where Kenyans can get free screening for the key lifestyle disease conditions that continue to ravage families including cancer, blood sugar levels, blood pressure and related health needs. The…
By Eugene Kioko Drivers in Machakos were recently screened for various eye conditions at Machakos Bus Park in an exercise organized by Machakos Matatu Owners Association. Association Chairman Steve Mutuku said they organised the clinic in conjunction with the National Transport and Safety Authority and The City Eye Hospital in order to gauge the eyesight…
By Andanje Wakhungu County Government of Kakamega has launched a multi-million smart farm that will be used to collect milk and train youths in Lugari Sub-County. Deputy Governor Professor Philip Kutima said Lugari Dairy Smart Farm at Kabras County Polytechnic will benefit residents. The farm which was constructed at a cost of Sh 23 million…
By Our Reporter Local financial and technology firm Apptivate Africa scooped best Digital Feeding programme in recently concluded Fin Awards 2019. The award recognizes innovative and disruptive FinTech companies across the continent. The firm was honoured for making a simple solution to solve major corporate and social challenges for employers, dubbed M-Kula, which use digital…
By Kage Njoroge Amica Sacco Chief Executive Officer James Mbui has advised cooperators to go take loans for development purposes. “Good loans help us seize investment opportunities when they arise, which give higher rate of return than the cost of loan taken,” he said. Mbui noted many Kenyans especially the youth fall into the trap…
By Jackson Okoth Safaricom Investment Co-operative has joined Ibuka, Nairobi Securities Exchange’s (NSE) premium incubation and acceleration programme for high growth companies in Kenya. The co-operative is joining the Accelerator Board of the programme following a rigorous evaluation and vetting process making it the 18th company to join the programme since its launch in December…
Award-winning don urges government to increase agriculture budget By James Wakahiu Maize famers in the country have been losing millions of bags due to poor post-harvest practices, a Mount Kenya University researcher Donatus Njoroge has said. Njoroge said that most farmers especially small scale farmers in the country have little or no knowledge of how…
