Mi Vida Garden City residencies

Mi Vida Homes partners with Misitu Sacco to foster growth

Mi Vida Homes, a reputable property developer signed a partnership with Kimisitu Sacco and has allowed the members to invest in its residential projects in Garden City, Nairobi. The Garden City Project sits on a 47-acre land with a mixed-use urban development comprising residential units commercial spaces, offices, retail outlets, and recreational amenities. It offers…

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New NSSF logo

NSSF Sacco launches 2024-2028 Strategic Plan, new logo

Simon Chelugui Cabinet Secretary, Ministry of Co-operatives Micro, Small and Medium Enterprises Development (MSMEs) was the chief guest today during the launch of NSSF Sacco Strategic Plan (2024-2028) and New Logo at the Radisson Blu Hotel, Nairobi. The launch is aimed at promoting innovative, commercially oriented and efficient financial services is engraved at NSSF Sacco…

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KCB Bank Group Chief Executive Officer Paul Russo. Photo:courtesy

KCB Bank grows first quarter profit by 53 per cent to KSh16 billion

Kenya’s KCB Group’s pretax profit for the first quarter of this year jumped 53 per cent, assisted by higher interest income, it announced on Wednesday, May 22. The lender, which also operates in Uganda ,Tanzania, Democratic Republic of Congo, Rwanda, South Sudan, and Burundi, said pretax profit rose to KSh21.16 billion from KSh13.85 billion in the…

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Construction in the past. Photo;courtesy

Chinese tycoon to build eight 34-storey apartments in Ngara

Chinese investor Zeyun Yang plans to put eight 34-storey blocks each accommodating 1632 families in Ngara estate which is located near Central Business District. Yang through his firm Erdemann Property said Rier Estate Housing Development will comprise a shopping complex with 60 outlets, where residents will be able to access essential purchases within the mixed-use…

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Entrance to the Greatwall Gardens

Despair as KCB plan to auction 78 Greatwall apartments on May 21 at Westlands

KCB has advertised the sale of 78 of two-bed apartments at Greatwall Gardens in Athi River to recover a KSh1.9 debt that the developer Erdermann Property Limited had borrowed. In a notice in one of the daily newspaper on May 6, KCB Bank through the auctioneer Garam Investments, advertised the units for sales even as…

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Draft Copy of Cooperatives Bill No. 7 of 2024.

MPs change dates, venues of public hearings on Cooperatives Bill

The National Assembly has rescheduled the dates and venues for public hearing on the Cooperatives Bill 2024, (National Assembly Bill No. 7 of 2024) for some regions. In an announcement seen by Sacco Review, the public hearing scheduled for May, 11 at Garrissa Social Hall in Garissa County has been postponed indefinitely due to unforeseen…

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Nairobi City County Director of Co-operatives Dolphine Aremo in a past event.

Nairobi’s Cooperative movement best in Africa, assets hit KSh618 billion

The success of the Cooperative movement in Nairobi City County is a key player in the economic situation of the entire country with total assets base of KSh618 billion. The county has a well-established department called the Business and Hustler Opportunities sector endowed with technocrats overseeing capacity building of the sector and providing round the…

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Members of RAHOSO sign forms in a previous transaction. Photo: Facebook/Railway Hse Rahoso

Railway Housing Co-op notifies buyers of plots in Embakasi to collect title deeds

Railway Housing Co-Operative Society Ltd (RAHOSO) has requested the buyers of the land in Utawala area, Embakasi to visit the society’s offices to obtain title deeds. The property, Land Reference Number 7340/70 has been sub-divided into 73 plots. The plots have been further sub-divided and sold to different buyers. Through a notice in a local…

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PS Cooperatives Patrick Kilemi and Commissioner for Cooperatives David Obonyo (right) before he National Assembly Trade, Industry and Cooperatives Committee. Photo: Obegi Malack

Government keen on clearing arrears owed to coffee, dairy farmers  

State Department of Cooperatives Permanent Secretary Patrick Kilemi has assured farmers that the Government has put in place measures to pay them and relieve them from mounting debts and market uncertainties. The PS who appeared before the National Assembly Committee on Trade, Industry and Cooperatives chaired by Aldai Member of Parliament Maryanne Keitany assured the…

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