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

Oparanya affirms govt commitment to address challenges facing sector

Sacco ReviewAugust 24, 202404 mins

Cooperatives Cabinet Secretary (CS) Wycliffe Oparanya has affirmed that the government is committed to undertake several policy interventions to address the challenges affecting the sector. The CS, speaking during the launch of the Inaugural Annual SME Conference, Awards and Exhibition yesterday hosted by the Kenya Private Sector Alliance (KEPSA) at the Kenya Institute of Curriculum…

Hurry the passing of Cooperatives Bill into law, Gachagua tells Parliament

Sacco ReviewAugust 23, 2024August 23, 202403 mins

Deputy President Rigathi Gachagua has called on the Parliament to fast-track the passing of the Cooperatives Bill into law to streamline the cooperative societies sector. “The problem that we have regarding coffee, tea, dairy milk and other cash crops is governance in our societies. I want to call upon our MPs and Senators to quicken…

Why SACCOs should embrace digitization of products, services

Sacco ReviewAugust 15, 2024010 mins

Savings and Credit Co-operative Societies (SACCOs) across the continent of Africa are embracing digitization rapidly to catch up with the fast changing business and financial services landscape globally. Ranging from the use of digital core banking systems to customer support to tech-enabled information management systems, SACCOs are transforming age-old business models, facilitating greater efficiencies and…

Over 800,000 youth to benefit from World Bank funded project

Sacco ReviewAugust 15, 2024August 15, 202403 mins

The National Youth Opportunities towards Advancement (NYOTA), a World Bank funded project is set to benefit over 800,000 youth in the country, Youth Affairs and Creative Economy Principal Secretary (PS) Ismail Maalim Madey has revealed. According to Maalim, the project mainly targets to address the rising challenge of youth unemployment, and that it will be…

GROOTS Kenya empowers 21,000 youth in all counties to start own businesses

Sacco ReviewAugust 14, 202403 mins

Youth have a reason to smile after Grassroots Organizations Operating Together in Sisterhood (GROOTS) Kenya empowered over 21,000 of them in all 47 counties to start their own businesses. The amount the NGO gave was Ksh3 million. GROOTS Kenya Director Rael Kagoiya, speaking at Nakuru ATC during The International Day for the Youth attended by…

Kenya Seed MD blames subsidized fertilizer for shortage of maize seed in the country

Sacco ReviewAugust 14, 202405 mins

Kenya Seed Company Managing Director Sammy Chepsiror has admitted that there was a shortage of maize seed in the country this year, blaming it subsidized fertilizer by the government. Speaking when he appeared before the National Assembly Committee on Agriculture and Livestock yesterday to answer questions over the shortage of maize seed during the last…

Nakuru Governor introduces Co-op Revolving Fund

Sacco ReviewAugust 8, 202401 mins

Nakuru Governor Susan Kihika has introduced Co-operative Revolving Fund pumping in an initial amount of Ksh25 million to help co-operative members in the county to get access to cheap loans. According to the County Executive Committee Member in charge of Trade, Co-operative, Tourism and Culture Stephen Kuria who is also former Biashara Ward Member of…

Govt to address challenges in Agriculture to improve food security

Sacco ReviewAugust 8, 202404 mins

The government has assured farmers in the country that it is going to address challenges facing the agriculture sector in the country in a bid to improve food security in the country. Principal Secretary (PS) in the State Department of Agriculture Dr Kiprono Rono who was speaking during the just concluded Kisumu Regional ASK show…

Nyanza sugar cartels put on notice

Sacco ReviewAugust 8, 202403 mins

Principal Secretary in the State Department of Agriculture Dr Paul Rono has affirmed that the government is going to deal with sugar cartels in the Nyanza Region in a bid to ensure that sugar farmers fully benefit from their sweat. Speaking during a stakeholder’s visit to inspect the status of Muhoroni and Chemelil Sugar factories,…

President Ruto signs bill into law allocating Agriculture sector ksh 20 billion

Sacco ReviewAugust 5, 202405 mins

Farmers are among beneficiaries in Supplementary Appropriation (No.2) Bill (National Assembly Bill No. 39 of 2024) that was signed into law by President William Ruto on Monday. The Act allocates substantial funds to critical sectors. The Agriculture sector has received Kshs. 20 billion boost for fertilizer subsidies, waive coffee farmers debt, support dairy farmers, purchase…