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

Kenya National Police DT Sacco wins the FiRe Awards Sacco category award

Sacco ReviewDecember 11, 2023December 11, 202303 mins

The Kenya National Police DT Sacco has been awarded as the winner in this year’s FiRe Awards – Sacco category. The award comes months after the Sacco was recognized as the top-performing Sacco nationwide in the Management and Capitalization category during the Ushirika Day celebrations held on July 1 at the KICC. In a statement…

Stakeholders call for more investments in cane growing to meet high demand

Sacco ReviewDecember 6, 2023December 6, 202302 mins

Agriculture Food Authority (AFA) has called for more investments in cane growing and development in order to meet the ever increasing demand for the commodity. AFA Chairperson Carnelly Serem said there has been a systematic increase in the demand for cane and that the growth of many sugar milling companies under the cane and nucleus…

Tower Sacco leases space at its iconic plaza in Ol Kalou

Sacco ReviewDecember 6, 2023December 6, 202302 mins

Tower Sacco is looking for traders to fill the vacant spaces in its multi-storey Tower Sacco Plaza located in Ol Kalau town in Nyandarua County. The lease rates available are 33 rooms for restaurants and accommodation, conference halls, a gym, and roof-top space. The Sacco, which has a remarkable membership of over 206,065 individuals and…

Lamu youth, women urged to form Saccos for prosperity

Sacco ReviewDecember 6, 2023December 6, 202302 mins

Women and youth in Lamu county have been urged to form Saccos to boost their economic welfare. Lamu county Cooperative Director Paul Thauri said that formation of Saccos in the region will enable women and youth to embark on their daily activities in a more efficient and effective way. “Currently, this group cannot carry out…

4 cooperatives in Kilifi county set for revival

Sacco ReviewDecember 6, 2023December 6, 202302 mins

Four cooperative societies in Malindi and Magarini sub counties in Kilifi county are set for revival. Speaking to Sacco Review in her office in Malindi town recently, Malindi sub county Cooperative Officer Moraa Ziro revealed that Goshi Farmers’ Cooperative, Manyeso Dairy Cooperative, Magarini Sand Harvesting and Magarini Cotton Farmers Cooperative societies will be revived. She…

Universal Traders Sacco announces internship opportunities

Sacco ReviewDecember 6, 2023December 6, 202302 mins

Universal Traders Sacco (UTS) has announced internship opportunities for individuals with a diploma in sales and marketing, cooperative management, or public relations. To be eligible, applicants must have achieved a mean grade of C or above in KCSE, be between the ages of 25 and 35 and have computer literacy skills. “If you are interested…

Controller of Budget arrested for operating unregistered Sacco

Sacco ReviewDecember 5, 2023December 5, 202303 mins

Controller of Budget (CoB) Margaret Nyakang’o has been arrested in Mombasa by DCI officers and presented to court to face the charge of operating a Sacco without a license. The arrest came after the Office of the Director of Public Prosecutions approved the charges in a letter to the DCI on November 30,2023. Nyakong’o’s charges…

Kilemi urges KETSA to ensure strict compliance with sector regulations

Sacco ReviewDecember 5, 2023December 5, 202302 mins

Teacher-based cooperative societies affiliated with Kenya Teachers Sacco Association (KETSA) have been urged to ensure strict compliance with the law and other regulatory frameworks governing the sector. Principal Secretary for Cooperatives Patrick Kilemi emphasized on the importance of adhering to the regulations set by the Sacco Societies Regulatory Authority to ensure continued growth and success….

Nakuru pastors form Sacco to improve livelihoods

Sacco ReviewDecember 5, 2023December 5, 202303 mins

Pastors in Nakuru have come together to establish Mitume Sacco to help them save money and access affordable credit facilities, ultimately improving their livelihoods. Pastor Alex Maina, the Sacco chairman and the chair of Nakuru Pastors Fellowship, encouraged pastors and clergy members to join the Sacco to enhance their economic status. “We understand the difficulties…

Ruto honours pledge to buy TukTuk for Hustler Fund top borrower

Sacco ReviewDecember 5, 2023December 5, 202302 mins

Harrison Kenga, a TukTuk operator based in Mombasa, was recently awarded a new Piaggio machine by President William Ruto. During the fund’s first anniversary, Kenga was named the top borrower of the Hustler Fund, having taken a loan of Ksh714, 000 so far. The President promised to buy him a TukTuk. Kenga started with a…