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

Chelugui finally hands over to Oparanya

Sacco ReviewSeptember 5, 2024September 6, 202404 mins

The former Cabinet Secretary (CS) for Co-operatives and Micro, Small and Medium Enterprises (MSME) Development Simon Chelugui has handed over the docket to the newly appointed CS Wycliffe Oparanya, with the later promising to implement initiatives started by his predecessor. Speaking during the handing over ceremony at the National Social Security Fund (NSSF) office on…

Banks record mixed trends in this year’s second quarter, study reveals

Sacco ReviewSeptember 3, 202407 mins

The Kenyan Banking Sector asset base recorded a mixed trend in the quarter ended June 30, 2024, compared to the growth in the quarter ended March 31, 2024 a study has revealed. In the recent Central Bank of Kenya commercial banks’ credit officer survey for quarter ended June 30, 2024 where 38 commercial banks and…

Women, youth urged to repay Uwezo loans promptly

Sacco ReviewSeptember 3, 2024September 3, 202402 mins

Women and youth in Kilifi County have been advised to pay their Uwezo Fund loans promptly so as to enable others to benefit from the same loan products. Speaking to Sacco Review in an interview at her office recently, Kilifi County Director of Youth Development Ministry, Faith Waweru, decried the slow pace in which women…

17 new Saccos registered in Kilifi County

Sacco ReviewSeptember 3, 2024September 3, 202402 mins

Seventeen new Saccos in Malindi and Magarini Sub- Counties in Kilifi County have been registered by the Cooperative Development Ministry. Malindi Sub- County Cooperative Officer Felister Moraa Ziro in an interview with Sacco Review recently revealed that of the 17 newly registered cooperative societies; nine are from the sub county, while the remaining eight are…

State calls for responsible corporate governance in Saccos

Sacco ReviewAugust 27, 2024August 27, 202403 mins

The Government has called for responsible corporate governance in Saccos and accountability by leaders found culpable of financial irregularities. Principal Secretary for the State Department of Cooperatives Patrick Kilemi was speaking during the Nairobi SACCO Leaders’ Consultative Forum held by the Kenya Union of Savings and Credit Co-operatives Ltd (KUSCCO), where he noted that the…

Agriculture PS reveals Govt has distributed 100 mobile driers across the country

Sacco ReviewAugust 26, 202403 mins

Principal Secretary (PS) State Department for Agriculture Dr Paul Ronoh has revealed that the national government has distributed 100 mobile driers across the country to help minimize post-harvest losses. The PS speaking at Lulu Farm in Trans Nzoia County recently revealed that the county will receive 230 smaller driers on top of the 10 big…

Joho affirms Govt commitment to streamline mining sector

Sacco ReviewAugust 26, 202402 mins

Mining, Fisheries and Blue Economy Cabinet Secretary (CS) Hassan Joho has announced that the government intends to streamline the mining sector. Speaking in Kisumu when he met mining officials and artisan miners from Rift valley and Nyanza regions recently, the CS said that the government seeks to introduce reforms in bid to improve the sector….

Team set up to revive ailing Agriculture sub-sectors in the lake basin

Sacco ReviewAugust 24, 202404 mins

A six-member team has been constituted by the Kisumu County Government to revive key ailing sub-sectors of the economy that are critical to the growth of the lake side region. The team has been picked to collaborate with Equity Bank Kenya for intervention in revival of some ailing agriculture sub-sectors and enhance cross border trade….

Hope for former Nakumatt employees as date with trustees is set

Sacco ReviewAugust 24, 2024August 24, 202403 mins

There is a ray of hope of compensation for former employees of Nakumatt Supermarket after they were invited to a meeting with trustees and the liquidator to learn about how they will get their benefits. According to a notice issued today, the supermarket asked their former employees who are yet to receive their pensions to…

Sugar industry union warns of backlash if rejected finance bill is reintroduced

Sacco ReviewAugust 24, 202404 mins

A sugar workers union has warned of a major backlash if the rejected Finance Bill 2024 is forced down the throats of Kenyans. The Kenya Union of Sugar Plantation Workers (KUSPAW) Secretary General Francis Wangara said Kenyans will resist attempts to reintroduce the bill. Speaking in his Kisumu office, Wangara observed that there is nothing…