Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The primary purpose of a Sacco is to serve the community in which it operates. This is based on the understanding that co-operatives are not-for-profit enterprises, as the majority of the profit goes toward fulfilling the social, economic, and cultural needs of the community in which they operate. It is obvious that when a co-operative…
The County Government of Nakuru has rolled out a program to digitize the business models of Savings and Credit Cooperative Organizations (SACCOs) to make their operations more efficient and transparent. County Cooperatives Chief Officer Kibet Kurgat said the County had initiated a training program for Sacco officials on the digitization of their operations, aimed at…
Nairobi City County Government has announced plans to upscale enrollment of members of Cooperatives and Savings and Credit Cooperative Organizations (SACCOS) in to the Social Health Authority (SHA) program. This strategic move is designed to boost health coverage for the city’s informal sector, which plays a pivotal role in Kenya’s economy. During a capacity building…
The Kenya Sugar Board (KSB) has been given a six month ultimatum to draft regulations aimed at streamlining operations of the troubled sugar sector. Agriculture Principal Secretary, Kiprono Ronoh, said these regulations are crucial for ensuring the effective implementation of the new law which came into place following the recent assent of the Sugar Bill…
President William Ruto has defended the government’s livestock vaccination initiative, set to commence in January 2025. Ruto said the initiative is a critical step toward improving animal health and boosting the livestock sector. The program will see to the vaccination of 22 million cattle against Foot and Mouth Disease (FMD) and 50 million sheep and…
Principal Secretary – State Department for Agriculture, Dr. Kipronoh Ronoh, has assured coffee farmers that the government is committed to restore profitability to the coffee sector. The PS attended Torsogek Coffee Farmers Cooperative in Kericho County to celebrate a key milestone said the coffee industry which supports around 5 million Kenyans must be supported. The…
Kajiado County Governor, Joseph ole Lenku, has condoled with the families of Obomo Sacco, a savings and credit cooperative that was founded by Mzee Zablon Nyakeruma who passed on last week. Governor Lenku said Mzee Nyakeruma was not just a pioneer but a visionary leader who left an indelible mark in Kajiado County. He said…
Kenya Revenue Authority (KRA) has hit the one trillion mark after collecting Ksh1.005 trillion as of 30th November, 2024. This is a growth of 4.3% compared to Ksh963.7B collected in the same period the previous financial year when the Ksh1 trillion target was reached on December 8, 2023. “Kenya Revenue Authority (KRA) has surpassed the…
A book that details the life of Industry Principal Secretary Dr. Juma Mukhwana (autobiography) is set to be launched on Wednesday in Nairobi, in an event that will be presided over by Prime Cabinet Secretary Mr. Musalia Mudavadi. In the autobiography ‘My Passion for Change’ , Dr.Mukhwana shares a truly honest account of his extra ordinary…
The Tourism Fund continues its capacity-building efforts aimed at strengthening the hospitality sector in Western Kenya. The latest series of training programs targeted hospitality managers and workers across several Western region counties, including Siaya, Vihiga, Kakamega, Homa Bay and Kisumu. The Board of Trustees Chairman Mr. Samson Some, said that these ongoing training sessions are…
