Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Kamundia Muriithi Urithi Housing Cooperative Society will settle over 100 members in their recently acquired virgin and arable land in Gacabari sub-location in Mutuovare Location, Mbeere South Sub-County in Embu County. The Society Marketing and Education Committee Chairman Gerald Mugo said through the Miliki Concept, Urithi was striving to ensure that half of its…
By Jackson Okoth. UN Sacco was recently declared the first runners up in the annual Financial Reporting (FiRe) Awards 2016. This was during an award ceremony and Gala Dinner held at the Windsor Golf and Country Club, Nairobi-the 15th edition of this event. The award ceremony was preceded by a conference at Safari Park Hotel…
By James Wakahiu. More than 1, 000 youth will benefit from a Sh50 billion technical training support and market linkages under an entrepreneurship programme dubbed 2jiajiri by the Kenya Commercial Bank (KCB) in collaboration with Bidco Oil Refineries Limited Under the partnership, KCB will offer the technical capacity building and Bidco will provide a guaranteed…
By Jackson Okoth. Boresha Sacco Society Limited with its headquarters in Eldama Ravine has begun selling shares to its members. The Society aims to raise a minimum of Sh500 million but has set a maximum target of Sh1 billion, depending on the response of its members. The exercise is aimed at raising share capital, develop…
By Titus Murithi Embu-based Trans Nation Sacco is in the process of training its members on the Society’s latest products and services, including its digital platforms. This programme is to be carried out by Sacco officials in all the branches of the Society. Members will be introduced to the Societies new premium shares which have…
By Titus Muriithi. The Meru County Executive Committee member in charge of co-operatives Mithiaru Mithika has said that it is due to the contributions made by various cooperative unions since independence that Kenya has been able to grow its rural economy. He points out that through various cooperative unions, especially those in the coffee, tea…
By Munene Maina. Rural-based Gastemeco Sacco has now changed its name to Biashara Tosha Sacco as it sets out on a new growth path that will enable the Society become more reputable,expand its reach beyond Embu County and improve service delivery to members. Biashara Tosha, established, eleven years ago in Manyatta Sub County, Meru, is…
By Stephen Makabila. Taqwa Sacco, which provides Sharia Compliant financial services and solutions to meet the diverse needs of its members, a service open to all Kenyans irrespective of their religion, race and gender has officially launched a Front Office Services Activity (FOSA). The launch that was presided over by Cabinet Secretary (CS) for the…
By Tsozungu Kombe. The Kwale County Co-operatives Officer, Levina Lenjo has commended local residents for joining Saccos in large numbers, citing the case of many merry go rounds that have since turned into Saccos. The County had only one deposit-taking Sacco, Kwale Teachers Sacco, which has since rebranded to Tabasamu Sacco. This number has increased…
By Erick Nyayiera. Dairy farmers in Siaya County are currently recording low milk production as a result of the drought which has affected the region from mid last year. Sam-Malanga Dairy Co-operative Society Manager, Japheth Ayoo said milk supply has drastically reduced thus affecting profitability. He states that as opposed to the previous period when…
