Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The Agriculture and Food Authority (AFA) has lauded members of the National Assembly for listening to the cries of Kenyans before adjusting the Finance Bill 2024. AFA board member Samuel Ongow singled out the proposed taxes on sugar transportation, which he noted, was going to be a burden to cane farmers across the country. Speaking…
Kenya Kwanza MPs have succumbed to public pressure from Kenyans and dropped punitive taxes imposed on proposed Finance Bill 2024. Kenya Kwanza Parliamentary Group (PG) attended a meeting chaired by President William Ruto and his deputy Rigathi Gachagua were it was agreed National Assembly’s Finance Committee to drop some of the proposals. They proposed the…
In managing our finances and personal development, this is like a metaphorical transformation of milk to yogurt, and then to cheese, revealing a profound truth about the nature of mistakes and their ability to create value. Just as cheese is a more valuable dairy product than both milk and yoghurt and sour grape juice melts…
CPA Protus Senda, former Shoppers Sacco Chief Executive Officer (CEO), is now the new Accountant at Ufanisi DT Sacco Society. READ ALSO: Ufanisi DT Sacco gets new Accountant Senda is a Bachelor’s Degree holder in Commerce, Finance and Banking option, and a Certified Public Accountant (CPA-K) with over 11 years of experience in matters credit…
Cooperatives and Micro and Small Enterprise said development Cabinet Secretary Simon Chelugui government plans to roll out a new Co-operatives Act during this year’s Ushirika Day celebrations. Chelugui said Cooperatives Bill No. 7 of 2024 overcame last challenge following an agreement between the Ministry and the Council of Governors on contentious and emerging issues. Chelugui…
United Nations Sacco posted remarkable financial results in 2023 with the firm’s total revenue increasing by 13 per cent, hitting a record KSh2.197 billion. This was achieved as a result of increase in interest on loans and advances, reduced expenditure and investment income. A total of KSh1.3 billion was given to members in the form…
Today, cooperatives stakeholders planted 15,000 trees at Kimakia Forest in Muranga County in line with the accelerated 6-month tree growing programme in the Country. Principal Secretary, State Department of Co-operatives, Ministry of Co-operatives and Micro, Small and Medium Enterprises Development Patrick Kilemi led the planting where more than 10,000 indigenous and 4,000 bamboo seedlings were…
Interested credit union women and young professionals have been urged to apply for the second annual fellowship of the World Council of Credit Unions (WOCCU). WOCCU, a union which works to advance financial inclusion through the credit union and cooperative model by engaging in international advocacy, development, education and networking that empowers underserved populations, and…
Meru miraa traders and residents have lauded President William Ruto and Agriculture Cabinet Secretary Mithika Linturi for dismissing and terming muguka ban in Mombasa, Kilifi and Taita Taveta counties as “null and void”. John Ratanya, a miraa trader in Makandara, Meru town, criticised the initial bans, highlighting their detrimental impact on the local economy. “It…
Before borrowing wisely consider why you want the money and how you are going to repay back. Borrowing if done prudently makes someone better in the long run. Loan are useful in many areas including education, property acquisition, and medical among others. Below are five considerations 1. The purpose of the loan? When borrowing, you…
