Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Enock Okong’oThe Kisii University VC Prof John Akama has appealed to county and national governments to give local sculptors finances to help them form cooperative societies. This, he said, will remove the middled men who exploit them and assist in marketing their products directly to buyers. “It is heartbreaking to see these hard-working people baking in the…
By Andanje Wakhungu The paper work for the much anticipated multi-million Malava housing plaza has been finalized paving way for the implementation process to commence. Presenting the supervisory report during the 30th Annual General Meeting, the Sacco’s chair lady Beatrice Mukopi informed the members that already National Cooperative Housing Union (NACHU) has allocated Ksh.20Million towards…
By Tsozungu Kombe Mombasa County Government will spend Ksh. 8 million from its recurrent budget to run cooperative society activities in the region, Sacco Review has reliably established. Speaking to Sacco Review from Mombasa town recently, Mombasa County Cooperatives Director Mr. Nelson Nyoro said the same money will also be spent to revive some dormant…
By Roy Hezron Savings and Credit Co-operatives (Saccos) in the country are increasingly investing more resources in technology and security in efforts to protect members’ funds from cyber criminals, a recent survey report has shown. According to Serianu Ltd, a business consulting firm, the percentage of Saccos that have a cybersecurity strategy improved by 44.7…
By Obegi Malack obegimalack@gmail.com Kenya Teachers Sacco Association (KETSA) national chairperson Robert Njue has called upon teachers Saccos to join the association to pool resources together and address the unique needs of Saccos. Njue, who is also Winas Sacco chairman, said the association has been successful in ensuring employers remit money to the Saccos on…
By Peter Otuoro Nakuru county tourism stakeholders have urged Governor Susan Kihika to increase funds allocated for the industry in order to bolster tourism in the county. Led by Nakuru County Tourism Association Chairperson David Mwangi, the stakeholders said that Tourism had been undermined by the previous county government by being allocated the least budgetary allocation despite its significant role in improving the…
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…
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…
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…
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…
