Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
President William Ruto has nominated the former National Treasury Permanent Secretary (PS) Dr Kamau Thugge as Governor of the Central Bank of Kenya (CBK). If approved Dr Thuge will take over from Dr Patrick Njoroge who has been CBK governor since 2015. Thuge’s nomination comes after recruitment exercise that was carried out by the Public…
Research has revealed that imparting women with skills and knowledge through formal education and participation in informative fora enhances their skills of improving food security at the family and community level. The research titled Influence of Women Empowerment Projects on The Enhancement of Food Security in Mbeere sub county in Embu County revealed that low…
If a draft Bill by the Kenya Society of Professional Cooperators (KSPC) is passed into law, no person will be allowed to practice or provide cooperative services unless they have been issued with a valid practising certificate by KSPC. According to the draft law, a copy of which Sacco Review has seen, KSPC will be…
Members of Wendano Matuu Company Ltd in Matungulu constituency on Thursday protested outside the company offices after the police barred them from holding a meeting in their land which has been a subject of court cases for the last 15 years as different factions within the society wrangle for leadership. The members blamed the local…
KUSCCO Rift Valley Regional Chairman David Langat has revealed that 22 Saccos from the region have joined the umbrella association. Speaking at Waterbuck Hotel in Nakuru City during KUSCCO’s 35th regional council meeting, Lang’at welcomed the Saccos into the union and promised to assist them prosper in their programmes. The new members are Chemoton, Elean,…
Ports Sacco has rebranded from Mombasa Port Sacco as part of its strategic growth plan to empower members, drive financial inclusion and expand its national footprint. Sacco Chief Executive Officer Dedan Ondieki said the rebrand is part of the Sacco’s expansion beyond Mombasa is part of its strategy to be diverse and inclusive as it…
Caritas Microfinance Bank has opened a new branch in Nakuru City in a colorful ceremony attended by Nakuru Deputy Governor David Kones and Nakuru Catholic Diocese Bishop Cleophas Oseso of Nakuru Catholic Diocese. The deputy governor said the County government of Nakuru will continue to create a conducive environment to attract more investors especially financial…
By Roy Hezron Co-operative professionals and practitioners, through the Kenya Society of Professional Cooperators (KSPC), have asked the Co-operative University of Kenya (CUK) to re-introduce the traditional cooperative courses it used to offer before it was upgraded to a full-fledged public university. The professionals and practitioners noted that traditional cooperative courses, such as Certificate…
The Cooperative movement is part of the major sectors the government expects to help it achieve its Medium Term Expenditure Framework (MTEF) objectives for the period 2023/24 – 2025/26. MTEF normally sets out three-year spending plans of the government and its aim is to ensure that budgets reflect the government’s social and economic priorities and…
By Stephen Muthini Farmers in Machakos County have received financial boost to increase productivity after the County government issued cheques worth over Sh138 million to various Cooperative Societies and Community Based Organizations. The cheques were issued by governor Wavinya Ndeti at Machakos People’s Park where farmers’ groups also showcased their products. The event billed as…
