Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Tsozungu Kombe. Forty nine co-operative societies in Kwale County have so far been registered by the State Department of Co-operatives Development since devolution started in 2013. Kwale County Co-operative Commissioner, Ms. Levina Lenjo said that all saccos in the county must register with State Department of Co-operative Development first before starting any business transactions….
By Our Reporter. Coffee farmers allied to co-operatives in Nyeri, Meru and Kirinyaga counties reported improved earnings for cherries delivered to factories this year compared to the previous year. In Kirinyaga, farmers were paid Sh119 per kilogramme of cherry delivered at Thirikwa factory, the highest in the county in the history of the crop in…
By Charles Akivaga. Savings and Credit Co-operative Societies (Saccos) will have to move with speed and align themselves with the changing legislations to remain competitive. According to George Ototo, the Managing Director of Kenya Union of Savings and Credit Co-operatives (Kuscco) Limited, leaders of various Saccos will have to adapt to the new changes in…
By Our Reporter. The list of Savings and Credit Co-operative Organizations (Saccos) that are adopting modern business practices so as to meet rising expectations from their members is becoming longer. The latest player to join this elite club is Ukulima Sacco-which recently attained the ISO 9001: 2008 Certification, completing a journey that began way back…
Capital Sacco posts better returns. By our Reporter. Capital Sacco has announced record business results for 2016, in which the company saw impressive year-over-year revenue growth while signing a record number of new members. Capital Sacco Marketing Manager, Mr. Kenneth Gitonga said the business brushed off a tough business environment to post impressive results. He…
By Kamundia Muriithi. Members of Winas Sacco Society Ltd who default on loans advanced to them will have their names listed by Credit Reference Bureau (CRB). The Sacco through a paid up newspaper notice dated May 5, 2017 warned that non-performing loans would be forwarded to the CRB. “This is to notify all members that…
By Dennis Bett. Police in Marakwet West and Marakwet Boda Boda Sacco members are in pursuit of a gang suspected to be stealing motorbikes from the area and selling them to a neighbouring country. The group is suspected to be stealing motorcycles belonging to Kapsowar Boda boda Sacco and other operators in Marakwet West and…
By Wesley Ken. Over the past three years, Kenya’s Matatu Transport industry, the dominant mode of transport of both passengers and goods in the country has undergone a tremendous overhaul. Management and operation of Public Service Vehicles is now in the hands of Transport Saccos. The newly created National Transport and Safety Authority (NTSA) organ…
By Kimtai Cherongis. Boda boda operators in Bungoma County have reason to smile after the County Government announced they will no longer have to pay any tax to be allowed to operate in the county. Addressing hundreds of boda boda operators in Busia town drawn from across the county, Busia County Governor Kenneth Lusaka said:…
By Wesley Ondieki. Kenya Marine and Fisheries Research Institute (KMFRI) Sacco is set to launch a fully fledged FOSA services outside Mombasa, Sacco Chairman, Rashid Anam (pictured) has said. “Among our future prospects, we will have a FOSA in a place yet to be identified outside Mombasa. We will also partner with members to start…
