Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Rose Wambua, a former banker at Cooperative Bank of Kenya, has urged upon the government to partner with the private sector to create jobs and fight poverty. Addressing women groups at Kawethei village in Kangundo constituency, Wambua said the private sector plays an important role in the growth of the economy and that job creation…
Dr Joseph Mwiti’s innovation of manufacturing cement using clay will serve as a welcome relief to thousands of Kenyans who aspire to build home. Dr Mwiti, a lecturer who teaches Chemistry at Meru University of Science and Technology (MUST), believes that using clay to make cement will revolutionize construction and provide a solution to high…
Dr Philip Munyao, a doctor in Matungulu constituency, has asked banks and micro -finance institutions to come up with schemes to motivate coffee growers in the region. Dr Munyao asked the financial institutions to train farmers on investment opportunities, saying that if there were regular forum organized by the finance institutions, the interactions would enlighten…
Bee farmers in Embu county are championing for the creation of a Sacco to streamline the production and marketing of honey and products of bee keeping. Catherine Ruguru Nyagah, the coordinator of the farmers in Embu county, said the formation of a Sacco to deal with bee farming is now in the final stages and…
Bee farmers in Embu County are championing the creation of a Sacco to streamline the production and marketing of honey and products of beekeeping. Catherine Ruguru Nyagah, the coordinator of the farmers in Embu County, said the formation of a Sacco to deal with bee farming is now in the final stages and will eventually…
Geoffrey Njang’ombe, former Commissioner of Cooperatives, has a unique demeanour; polite, cool and collected. Yet behind the tranquility of mien is a tough uncompromising personality, but not in the usual sense of intense outlook commanded by senior corporate gentlemen and ladies. His amiability goes beyond common etiquette, transcending even the wiles of temptation in the…
Stakeholders in the cooperative movement have been challenged to offer professional guidance on prudent financial management to start-up groups like SMEs to ensure such units mature to Saccos and Cooperatives. Former Commissioner for Cooperatives Geoffrey Njang’ombe argued that when well equipped with skills and funds management skills, the groups have the potential of expanding their…
Michael Ochieng and his partner Esther Omcheni have co-owned Afritech, a print media investment since 1997 but the fortunes improved after the joined Universal Traders Sacco (UTS). They shared with this writer the sweet journey they have walked with UTS since they became members. “I came to know of the Sacco through one of its…
Machakos County Chief Officer (CO) of Cooperatives Benedict Ngumbau has urged officials of cooperative societies to uphold integrity and abide by the Cooperative Societies Act to ensure the survival of their cooperatives.Speaking after a visit to Komarock Housing Cooperative Society, the officer pointed out that most cooperatives fail due to mismanagement.“Cooperatives should ensure they hold…
23 years ago, Stanley Joseph Njue and a few business people from Embu County came together to form a self-help group, whose monthly contributions started at Ksh100 but now stands at Ksh1,000 monthly. The self-help group has now matured into Mediators Savings and Credits Cooperative controlling a circulating capital of more than Ksh80 million. It…
