Co-op News - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Avocado farmers urged to form Saccos to curb exploitation, boost earnings

Sacco ReviewApril 25, 2024April 25, 202404 mins

Avocado farmers in Kisii County have been asked form Saccos to help them market and sell their produce. Governor Simba Arati noted the societies will weed out middlemen who have been exploiting farmers. He spoke at Kisii Agricultural Training Centre (ATC) during the flagging off 200, 000 Hass avocado seedlings to farmers across the county….

Owners of roaming livestock risk prosecution in Kisumu

Sacco ReviewApril 25, 2024April 25, 202404 mins

Kisumu County Governor Anyang’ Nyong’o has ordered management of the lakeside city to take stern action against those allowing their livestock to roam within the Central Business District. Nyong’o said the livestock have been eating and even uprooting tree seedlings planted in parts of the city. In a speech read on his behalf by his…

Government keen on clearing arrears owed to coffee, dairy farmers

Sacco ReviewApril 24, 202406 mins

State Department of Cooperatives Permanent Secretary Patrick Kilemi has assured farmers that the Government has put in place measures to pay them and relieve them from mounting debts and market uncertainties. The PS who appeared before the National Assembly Committee on Trade, Industry and Cooperatives chaired by Aldai Member of Parliament Maryanne Keitany assured the…

Kisumu residents to catch glimpse of Omieri during Fish Fiesta festival

Sacco ReviewApril 24, 2024April 24, 202406 mins

Kisumu County is set to showcase the revered Omieri snake as it holds the grand finale of Fish Fiesta 2024 festival. According to the County Executive Committee Member (CECM) in charge of Trade, Tourism, Industry and Marketing, Farida Salim, the snake, which is preserved at the National Museums of Kenya in Nairobi will arrive at…

Muguka farmers in Embu told to join Saccos to boost income

Sacco ReviewApril 23, 2024April 23, 202405 mins

Muguka farmers in Embu County have been challenged to join existing Saccos to reap better incomes and enhance expanded marketing of the produce locally and regionally. Consolidation of the millions of shillings earned from Muguka sector daily under cooperatives would ensure that incomes from the business are not wasted but used to improve farming and…

Kajiado companies reject bill allocating 1 per cent of their profits to CSR initiatives

Sacco ReviewApril 23, 2024April 23, 202405 mins

A section of investors operating in Kajiado County have raised concern over the County Corporate Social Responsibility Bill, 2024 which is now in public participation stage. The bill wants companies to allocate 1 per cent of their profit to CSR in every financial year. It also details that every company shall reserve to residents of…

Public Investments Committee seeks answers on SASRA audit queries

Sacco ReviewApril 23, 2024April 23, 202402 mins

The National Assembly Public Investments Committee on Commercial Affairs and Energy met last week to examine the audited accounts of the Sacco Societies Regulatory Authority (SASRA) for Financial Years 2013/2014 to 2020/2021. The Committee led by Member of Parliament for Navakholo Constituency and Majority Party Whip at the Kenya National Assembly Emmanuel Wangwe cross-examined SASRA…

Over 13 million Kenyans affected as Opera stops free data offers on regulatory changes

Sacco ReviewApril 22, 202404 mins

Opera has stopped its free data plan which allowed Kenyans to enjoy free data bundles to access the Opera, which runs the Opera Mini Browser, as a result of local authorities’ decision, including the Betting Control and Licensing Board, to halt advertising on Speed Dials (bookmarks on the start page) within browsers. According to Google,…

Government plans to merge CMA, IRA and SASRA

Sacco ReviewApril 22, 202403 mins

The Government intends to merge three major financial regulatory bodies in the country to enhance service delivery, avoiding duplication of roles and reduce bureaucracy. According to reports, Prime Cabinet Secretary Musalia Mudavadi said recently that the three regulatory bodies are Saccos Societies Regulatory Authority (SASRA), Capital Markets Authority (CMA), and the Insurance Regulatory Authority (IRA)….

How Saccos can increase their membership size

Sacco ReviewApril 22, 2024April 22, 202404 mins

There are various Saccos in the country and best strategies are needed to make a Sacco increase its membership size. Below are some of the marketing strategies. 1). Have a good website Since the internet is everywhere, website is very vital new and prospective members have access easily. Good website will boost membership. 2). Offer…