Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Sugarcane farmers in the West Kenya Outgrowers Company (WEKO) held their first annual general meeting after 17 years. In a move that is set to restructure the crumbled giant cane farmers’ company within the western region, the new office is hell bent on ensuring that all their assets confiscated by the miller West Kenya and…
Commissioner of Cooperatives, David Obonyo has called on cooperatives to continue to advocate for a green future by promoting the adoption of renewable energy and environmental conservation programs within sector fostering sustainability and reducing carbon footprints. Obonyo who was speaking on Tuesday during the 2nd Cooperative movement stakeholders’ annual conference on the legal and regulatory…
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…
President William Ruto has assented to the Sugar Bill (National Assembly Bills No. 34 of 2022) which seeks to revitalize the sector, enhancing growth, regulation, and support for cane farmers nationwide. Sponsored by MP Emmanuel Wangwe and co-sponsored by Senator. David Wakoli, the Bill was considered by both Houses and approved by the National Assembly…
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…
Traders in Machakos Town on Monday morning breathed a sigh of relief after Governor Wavinya Ndeti intervened to stop the demolition of their shops which was already underway near Machakos Level 5 hospital. Some of the traders said they had recently secured loans from their SACCOS to restock their shops in readiness for the peak…
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…
Former employees of Kenya Cooperative Creameries (KCC) have sought the Senate Committee on Labour and Social Welfare to secure their KES 204 million in unpaid dues. The committee has summoned National Treasury Cabinet Secretary John Mbadi who did not appear before the committee but sent a notice asserting that the Government is under no obligation…
