February 24, 2025
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Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

The Leading Newspaper for Co-operative Movement in Kenya

Category: National News

SACCO
Commissioner  for Co-operative Development David Obonyo.

Govt instructs Co-operatives to make payments on e-citizen platform

Sacco Review05 mins

Payments to the Management and Supervision Fund will now be done through the e-citizen platform, the Ministry of Co-operatives and Macro, Small and Medium-sized Enterprises Development (MSME) has announced. In a Circular dated January 17, 2024 by the State Department for Co-operatives,  Commissioner  for Co-operative Development David Obonyo has directed all Co-operative Societies and Auditors…

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Bungoma Governor Kenneth Lusaka. Photo: Courtesy

Co-operative Bill deferred after governors complain of being sidelined

Sacco Review07 mins

The Co-operative Bill, 2023 has now been put on hold after county governors claimed that they were not consulted during the drafting. Sponsored by the government through the Ministry of Co-operatives and Micro, Small and Medium-sized Enterprises (MSMEs) Development, the Bill was in Parliament to allow for its first reading before proceeding to other stages…

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Simon Chelugui (centre), Cabinet Secretary for Micro, Small and Medium Enterprise Development and Patrick Kilemi Principal Secretary Cooperatives (right), welcomed to the 51st AGM of the Kenya National Police DT SACCO by National Chairman of the SACCO David Mategwa. Photo: Felix Wanderi

Cooperatives asked to adopt technology, strategic innovations for excellence

Sacco Review05 mins

Savings and Credit Co-operatives Societies (Saccos) have been called upon by the Government to embrace innovation and devise strategies that will propel cooperatives towards continued excellence. Speaking during the Kenya National Police DT SACCO 51st Annual Delegates Meeting held in Serena hotel in Nairobi this February, Simon Chelugui Cabinet Secretary for Cooperatives, Micro, Small and…

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Embrace technology to increase visibility, Chelugui advises Saccos

Sacco Review05 mins

Savings and Credit Cooperative Societies (Saccos) across the country have been challenged to embrace innovation and technology. The Cabinet Secretary for Cooperatives and Macro Small and Medium Development Simon Chelugui noted that doing so will help Saccos to increase their accessibility and visibility. He was addressing the 9th Annual Sacco Leaders Convention Meeting in Mombasa…

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Mumias Sugar Company entrance.

Cane farmers want to be paid KSh6,050 per tonne

Sacco Review05 mins

Cane farmers have told Sugar millers that they won’t accept less than KSh6050 per tonne for cane delivered to the factories for milling. The farmers declared that the payment per ton as from this month (February) will only be reviewed upwards and not downwards as has been the trend for many years. The sentiments were…

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Lake Victoria Tourism Association Chairman Robinson Anyal speaks in Kisumu during the 10th Nyanza Region Hotel Suppliers Expo concluded recently.

Western tourism circuit on the road to recovery

Sacco Review05 mins

The Western Kenya tourism circuit is now on the recovery path following the shocks of the COVID-19 pandemic. It has realized remarkable gains signified by the number of new hotels and conference facilities sprouting up to meet the demand of the rising number of visitors in the region. Lake Victoria Tourism Association Chairman Robinson Anyal…

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Commissioner for Co-operative Development David Obonyo (right), Hazina Sacco National Chairman Evans Kibagendi (centre) and Director Paul Mwangi during Hazina Sacco ADM in Nairobi recently. Photo: Obegi Malack

Hazina Sacco members told to focus on affordable loans

Sacco Review02 mins

Commissioner for Co-operative Development David Obonyo has challenged Savings and Credit Cooperative Organizations (Saccos) members to focus on getting affordable loans from their Saccos rather than high dividends. Speaking during the recently concluded Hazina DT Sacco Annual Delegates Meetings (ADMs) in Nairobi, he asked members to have long term investments through the Saccos, since co-operative…

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SASRA SACCO
SASRA CEO, Peter Njuguna.

SASRA warns public against trading with unauthorized Saccos

Sacco Review08 mins

Sacco Society Regulatory Authority (Sasra) has warned the public against undertaking any related Savings and Credit Co-operative (Sacco) business with those entities that are not registered and regulated by the Authority. In a recent Public Caution issued by Chief Executive Officer (CEO) Peter Njuguna, the Authority has observed that a large section of members of…

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A section of Kenyan participants at the Trade Fair.

Kenyan innovations star at EAC MSMEs Trade Fair

Sacco Review07 mins

Kenya scooped the second position for the most innovative products during the recently concluded 23rd East Africa Community Micro, Small and Medium-sized Enterprises (MSMEs) Trade Fair formerly known as the Jua Kali-Nguvu Kazi Exhibition after the United Republic of Tanzania clinched first position in the exhibitions held in Bujumbura, Burundi. The Trade Fair whose theme…

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Bungoa Governor, Kenneth Lusaka.

Co-operative Bill deferred after governors complain of being sidelined

Sacco Review07 mins

The Co-operative Bill, 2023 has now been put on hold after county governors claimed that they were not consulted during the drafting. Sponsored by the government through the Ministry of Co-operatives and Micro, Small and Medium-sized Enterprises (MSMEs) Development, the Bill was in Parliament to allow for its first reading before proceeding to other stages…

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