Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Operations at the Kenya Pipeline Corporation (KPC) oil jetty in Kisumu have been ramped up following the introduction of a second cargo ship to ferry fuel from the depot to Uganda through Lake Victoria. The vessel christened MT Elgon has a capacity of 4,500 cubic metres and will complement MT Kabaka Mutebi II which was…
The proprietors and managers of small and medium-sized enterprises (SMEs) have been urged to keenly research and understand the types of taxes that affect their businesses for resilience and tax compliance. The Chairman of the Kenya National Chamber of Commerce and Industry (KNCCI) Kericho branch Rev. Reubenson Malakwen Bett said SME managers should try to…
The Senate County Public Investments and Special Funds Committee conducted inspections of two major stalled projects in the North Rift region over the weekend, revealing concerning delays and potential financial irregularities. Led by Vihiga Senator Godfrey Osotsi, the committee first visited the incomplete Moi Soy Milling Plant on the outskirts of Eldoret City, a project…
In Kenya, Savings and Credit Cooperative Societies (Saccos) have long been pillars of financial stability and community support. They offer accessible loans, promote a saving culture, and provide an alternative to traditional banking for millions. Saccos are deeply trusted institutions, often regarded as safe havens for personal savings and a dependable source for credit during…
As the business landscape goes through major transformations, those at the top of various business organizations, particularly Savings and Credit Co-operative Societies (Saccos) must be awake to the reality that leadership isn’t just about holding a title or occupying a corner office in an organization. In this case, they should learn to understand that, leadership…
The West Pokot County Boda Boda Association has a vision of purchasing a shuttle (van) to boost the group economically from the revenue it will generate. Speaking to Sacco Review desk in Makutano town, the chairman of the association Mr. Augustine Tomunyo said that the main focus of the group members now is to uplift…
The commissioning of the Extended Shelf Life (ESL) processing plant by Limuru Dairy Farmers Cooperative has led to the society posting good financial performance this year reflecting significant growth and solid management. According to George Njuguna, chairman of the board of the society speaking during the 60th annual general meeting held at the milk processing plant in…
The Supreme Court overturned an Appellate Court verdict that had declared the Finance Act 2023 Unconstitutional. This followed the successful appeal filed at the Supreme Court by the Cabinet Secretary for National Treasury, the Attorney General and the National Assembly and the Kenya Revenue Authority, challenging the July 31st 2024 Court of Appeal’s judgment declaring…
Residents of Kilifi County especially those residing in mining-dominated areas have in the recent past come out to air their dissatisfaction with the operations of some investments in the area. The move has forced the Cabinet Secretary for Mining and Blue Economy Ali Hassan Joho and the National Assembly departmental committee on Environment, Forest and…
Umoja Wendani Housing Co-operative emerged the top player in the recent Ushirika Day Awards Gala, taking first position in the Best Managed Housing Cooperative, Most Improved, and Best in Investments categories of recognitions. The society, established in 2012 to cater for the housing needs of Umoja Wendani Sacco members, was also second in Best in…
