Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Richard Shichangi. The County Co-operatives Officer, Samwel Khatenya has asked Saccos in the region to develop strong check off systems when giving out loans to members. This is to reduce incidences of members defaulting on their repayments. Saccos, he pointed out, will also improve their cash flow through an elaborate loan recovery system. “Although…
By Munene Maina. Kiambu residents are reaping big from the Co-operative sector as many embrace societies to increase their savings and access to affordable credit facilities. The sector is among the key drivers in the County economic growth, according to County Co-operative Commissioner Ephraim Mathenge. The importance of the sector is the reason why the…
By Munene Maina. Saccos have been challenged to focus their energy at recruiting more young members as a way of safeguarding their survival in the future. “The youth are the future and any Sacco that does not focus on this segment of the population will surely perish,” said Tom Gitogo, CIC Group CEO. He said…
By Kiptanui Rutto. Makadara District Cooperative Officer (DCO), Andrew Maikal has advised Sacco officials on registration of the next of kin as the move would save the Saccos from dilemmas. Speaking during a Nafaka Sacco AGM in Nairobi, the DCO said many issues concerning the matter referred to his office and it was always a…
By Staff Reporter. The Government will now make use of the Sacco Review as its main channel of communicating and articulating the Co-operative sector’s policies to the wider Kenyan public. Principal Secretary (PS) in the State Department of Co-operative, Mr. Ali Noor Ismail, noted that Sacco Review was the most popular newspaper within the Cooperative…
By Munene Maina. In a move aimed at boosting the agricultural sector, Nakuru County Government has embarked on an ambitious plan to strengthen farmer’s co-operatives. Speaking to Sacco Review in his office, Nakuru Co-operatives Director, Patrick Mak’Anyengo said strong societies for farmers will ensure they get good returns from their activities. “Agriculture sector plays a…
By Our Reporter. As various Saccos alter and amend their by-laws to allow members to be represented through a delegates system, a section within the co-operatives system are not uncomfortable with this emerging trend. The question is whether members should retain Annual General Meetings (AGMs) as the supreme authority of a Sacco or pass this…
By Wasike Elvis Hawkers in the county have been urged to join Saccos for them to benefit from the funds being given by the Government. Deputy Governor Daniel Chemno also said only registered hawkers will be given space to do business, adding: “We wish all the registered members could be given identification tags which will…
By Our Reporter. Buoyed by the formation of a donkey Sacco in Meru, Wajir donkey owners are under pressure to start a similar body. Reuben Wambua, the Deputy Director of Kenya Network Dissemination of Agricultural Technologies (KENDAT), says Meru Governor Peter Munya’s donkey Micro Finance has helped intergrate donkeys into the Agri – business sector….
By Dennis Amoto. President Uhuru Kenyatta has urged the Co-operative movement to support the government’s industrialization efforts by facilitating farmers engage in value addition of their produce. He said value addition would ensure farmers earned more than they would if they sold raw farm produce. The Head of State pointed out that the Co-operative movement…
