Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The Department of Gender, Youth, Sports, and Social Services held a press briefing to announce the upcoming launch of the Nyeri County Youth Development Policy 2023. The event is set for November 29, 2024, at Moi Nyeri Complex School. Led by Gender CECM Esther Ndung’u, the briefing highlighted the policy’s transformative agenda aimed at addressing…
Cabinet Secretary for the Ministry of Cooperatives and MSMEs Development, Wycliffe Oparanya, has urged cooperative movement stakeholders to come up with actionable ideas to propel the cooperative sector forward. Oparanya, who was addressing the cooperative movement stakeholders during the 3rd Annual Cooperative Movement Stakeholders’ Forum held from 18th to 22nd November 2024 in Naivasha, said…
Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya has instructed Commissioner for Cooperatives Development to develop a Dividend Policy for Cooperatives that will ensure that no cooperative borrows to pay dividends. The CS who was speaking in Nairobi during the launch of the strategic plan 2023-2027 for new Kenya Planters Cooperative Union (KPCU) said the…
Savings and Credit Cooperative Organizations (SACCOs) have long been heralded as engines of financial empowerment, particularly in underserved and emerging markets. They provide a lifeline for millions by offering affordable credit, encouraging savings, and promoting economic inclusion. Yet, like any other financial or corporate institution, SACCOs are not immune to the inherent cycles of growth,…
More than 100 Boda Boda riders have been enrolled for a driving course upon which they will graduate as professional riders after three months of continuous training at Mnagei Driving School in West Pokot County. Speaking during the inauguration of the course, the West Pokot women representative, Hon Rael Aleutum, asked the drivers to work…
African Confederation of Cooperative Savings and Credit Associations (ACCOSCA) in close collaboration with the Africa Co-operative Development Foundation (ACDF) held 2nd International CEOs’ Credit Union Summit in Africa. The selected global Cooperative business leaders convened in Zimbabwe, Botswana, and Zambia to unpack strategies to foster the growth and development of SACCOs in Africa. The leaders…
Stakeholders in the sugar industry have lauded President William Ruto for assenting to the enacted sugar bill. They noted that the move now paves the way for radical reforms in the sugar sub-sector which has been limping for many years. Kenya Union of Sugar Plantation Workers (KUSPAW) secretary general Francis Wangara said the Act will…
East Africa Breweries Limited (EABL) through its subsidiary Kenya Breweries Ltd (KBL) is now exploring whether its Kisumu plant can resume production of other brands. The Kisumu plant has been producing Senator Keg since it was officially reopened in 2013 by former President Uhuru Kenyatta. Mark Ocitti, the Managing Director of Kenya Breweries Limited, said…
Deputy President (DP) Prof. Kithure Kindiki has warned that the government will persecute state officials who misuse public funds for personal gains. “It is a curse to use public funds for personal benefits. It is a curse because of the cry of poor people who cannot access medicine and die will haunt you,” he said….
Governors of the Lake Region Economic Bloc have reaffirmed their collective obligation to secure access to clean and safe water for all residents in their respective counties. They said Water security is essential for social and economic development and remains a basic human right. The governors committed to expanding water service coverage and improving sanitation,…
