Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By John Majau Kenya exported miraa (khat) worth Sh221 million in four days since the recent resumption of the Somalian market highlighting the significant role that the commodity is playing in the economy. Head of Miraa Pyrethrum and other Industrial Crops Felix Mutwiri said the country had exported 81.4 tonnes of the stimulant to Mogadishu since the…
By Azael Masese Kenya’s saving rate might decline due to skyrocketing inflation, raising fears on the country’s ability to raise the necessary capital for investment. The cooperative sector and Savings and Credit Cooperative Societies (Saccos) in particular stand to be the biggest losers. As Kenya marked the 100th Ushirika Day on 2nd July 2022, it was praised…
By Azael Masese The move by some Saccos to bar non-core members from elective positions has come under sharp criticism even as the Government seeks to enhance good governance in the entities. Most Saccos rebranded and opened the common bond to allow members from outside their traditional catchment areas to join the Saccos but didn’t…
By Azael Masese Savings and Credit Cooperative Societies (Saccos) across the country are set to witness drastic changes in their management following plans by Sacco Society Regulatory Authority (SASRA) to engage top industry players in formulation of regulations that affect Sacco operations. This is a shift from the past where societies were expected to enforce…
