Kihika pledges Ksh.1 billion annually to local Cooperatives

By Peter Otuoro Nakuru Governor Susan Kihika has said Cooperative societies in Nakuru County will get Ksh1 billion every year to boost their economic activities. Speaking at Nakuru ASK Showground during her inauguration as new county boss, she said her government will support all Cooperative societies within Nakuru and ensure they actively contribute to the…

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Time for co-operatives to engage more professionals

By Paul Ngugi Ruo Human resource practices, both individual and organizational play an integral role in the growth or failure of any organization. It’s important to note that human actions are the greatest contributor towards any organization’s success and this is a key area that can’t be ignored in the cooperative sector. In Kenya today…

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SACCO

Promise of autonomy a shot in the arm for Cooperative sector

By David Kipkorir The Cooperative movement welcomed the commitment to restore the ministry, saying such a move will encourage transformative changes in the sector. With Simon Chelugui having been nominated as the preferred Cabinet Secretary to take over this crucial docket, sector players are upbeat things are looking up at last. During his swearing-in ceremony…

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Chelugui appointed CS for Cooperatives

By Sacco Review Writer President William Ruto has appointed Labour and Social Protection Cabinet Secretary, Simon Chelugui to the new Cooperatives docket in the same capacity. Chelugui is the only Cabinet Secretary serving under the Uhuru Kenyatta regime to be retained and will spearhead Co-operatives and Micro Small, and Medium Enterprises (MSME) Development. Cooperative players…

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Kenya National Police DT Sacco crafts growth strategy amid expanding customer base

By Azael Masese Kenya National Police Deposit-Taking Sacco is crafting an ambitious growth strategy aimed at positioning itself as a critical brand in mobilising savings and extending affordable credit, even as the number of Kenyans joining the Sacco to access its top notch products and services grows overboard, Board Chair David Mategwa has said. “We…

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Imarika Foundation, Mephi Hospital hold free eye medical camp

By George Otieno Imarika Foundation, in partnership with Mephi Hospital, recently held a free eye medical camp at Matsangoni area in Kilifi County to provide eye health services to area residents. Community members were first taken through health talks on various issues before proceeding to see several medical teams present to serve them. The services…

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Coffee farmers laud govt’s commitment to cut fertilizer prices

By Kamau Njoroge Coffee farmers from Gatundu North in Kiambu County have hailed president William Ruto  for promising  to reduce the price of fertilizers by half. The farmers, led by John Kaguchia, said they are optimistic that through cheaper fertilizers, their production will increase and in turn translate to higher returns. “We are glad that…

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Finsco Africa, NACHU hold mega drive for multi billion housing project

By Felix Wanderi Real Estate Finsco Africa and the National Co-operative Housing Union (NACHU) held a mega housing drive dubbed Riverline Ridges Open Day Activation in Ruiru with over 1,000 customers in attendance. Riverline Ridges project was launched last year on a 423 acre piece of land in Ruiru and it will enable Kenyans purchase…

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Co-operative Bank leads commercial banks as preferred Sacco partner

By Azael Masese Co-operative Bank of Kenya is the most preferred commercial bank Saccos turn to for operational efficiency and customer convenience. Consequently, Co-operative Bank generates more income by partnering with Saccos compared to other commercial banks; and the reverse is true. According to the Sacco Supervision Annual Report, 2021, partnership areas include Automated Teller…

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