Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The County Government of Kisumu and other regional governments from thirteen countries have signed a Memorandum of Understanding for the creation of an Economic Forum for African Regions. The forum, championed by the Regional Council of Rabat Sale Kenitra, is formed as a framework for partnership and exchange of experiences capable of promoting development. The…
Information and ICT Cabinet Secretary Eliud Owalo has revealed that the national government has rolled out a major economic blueprint revolving around infrastructure, agriculture, trade and other forms of investments for Nyanza region to spur development. Speaking in Kisumu, the CS noted that youth and women who are engaged in business should form societies which…
Kisumu County Governor Professor Anyang’ Nyong’o has revealed that the recently commissioned Kabonyo Fisheries and Aquaculture Service and Training Centre of Excellence will provide alternative sources of fish production methods that will help reduce excess fishing pressure on Lake Victoria. The governor stated that the centre will serve East and Central Africa region and collaborate…
Retirement Benefits Authority (RBA) Communications Officer Alex Mugambi has revealed that the authority has registered 41 individual retirement benefit schemes for employees aiming to save for retirement. Speaking during a media sensitization forum in Kakamega, Mugambi stated that the authority responds in a timely manner to the needs of the stakeholders and that it conducts all…
The rush by Saccos to embrace mobile and internet banking as a replacement for the brick and mortar branches is proving to be a weak link in the fight against fraud in Saccos. A recently released SASRA report covering 2021 and 2022 shows that rogue Sacco staff are breaching internal systems and riding on mobile…
President William Ruto has urged unregistered farmers to register and benefit from subsidized fertilizers to boost their production. Speaking during the Mashujaa Day celebrations at Kericho Green Stadium, the President emphasized that his administration is committed to ensuring that every farmer in Kenya has access to the resources they need to thrive. He revealed that…
Invest and Grow (IG) Sacco has donated photocopier machines and printing papers to Friends Malava Primary School. The school’s Deputy Head teacher Esther Wayela Lucheli narrated how it has been tedious and expensive to carry out printing services from the nearby cyber cafes. BoM team represented by Lawson Makola appreciated the gesture and promised to…
Tana River county government has set aside Ksh10 million this financial year for loans to enable small scale traders expand their businesses. Kenya National Chamber of Commerce and Industry (KNCCI ) Tana River county branch chairman Hassan Barisa revealed that the money, which is a revolving Fund, will be disbursed from next month, November. He…
Businesswomen have been urged to form cooperatives and groups in order to enhance their chances of accessing government credit facilities. Speaking during a sensitization forum for over 500 leaders of registered women groups from Kisumu County, Cabinet Secretary (CS) for Information, Communication and the Digital Economy Eliud Owalo observed that cooperatives provide access to financial products and…
Uasin Gishu Chief Officer for Cooperatives and Enterprise Development Ruth Samoei has urged cooperative societies to allow young people in their management. Speaking during a visit to Kipsonoi Dairy Cooperative Society in Bomet County, Samoei noted that most cooperatives are run by old folks and that there is need for a paradigm shift in the…
