National News - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

New committee launched to tackle billions in farmers’ cooperative debts

Sacco ReviewOctober 15, 202403 mins

The National Government has kicked off process of offset debts in the farmers cooperatives society by setting up a committee to audit debts worth billions of shillings owed to farmers by cooperatives societies. The committee which is chaired by cooperatives commissioner is set to look into the issue of debts which has been arising in…

CS Oparanya gives new KCC management 90 days to give report on how to improve its productivity

Sacco ReviewOctober 15, 202405 mins

Cabinet Secretary Ministry of Co-operatives Wycliffe Oparanya has directed the management of new Kenya Co-Operative Creameries (KCC) to give a report within 90days on the restructuring process of the government corporation to have a vibrant and productive institution. The CS alongside Principal Secretary for Cooperatives, Patrick Kilemi on Monday had a meeting with the New KCC…

Unlocking Kenya’s Tourism Potential: A Call to Action for Affordable Adventures!

Sacco ReviewOctober 15, 2024010 mins

The Government has been urged to review its tourism strategy by offering high-quality products at affordable rates to compete with the global market and attract more German tourists to the country. Delayed expansion of the Malindi International airport has also been cited as a bottleneck to the growth of tourism especially in Malindi since international…

West Kenya retirees demand justice for fleeced funds

Sacco ReviewOctober 14, 202405 mins

Retirees of the giant West Kenya sugar company limited are now calling for the ethics and anticorruption commission (EACC) to investigate the fleecing of the Ksh.88Million by the sacco. The retirees allege that their efforts to have the sacco, which serves the miller employees, pay their retirement dues has failed in several occasions, prompting them…

Why Solution Sacco is the Sacco to watch out for in 2024

Sacco ReviewOctober 12, 202402 mins

Solution Sacco in recent years has achieved an all-round growth stamping its legacy as being one of the very best Sacco in the Co-operative world. The Sacco which has been in existence for over 30 years under the leadership of the Chairman Francis Rimbera, bagged the best trophy in credit management deposit taking Saccos category…

Mazingira Day: CS Duale calls for protection and restoration of environment

Sacco ReviewOctober 11, 202403 mins

Environment Cabinet Secretary Aden Duale on Thursday presided over Mazingira Day commemoration at the Nairobi Arboretum. The CS called on Kenyans to come together in efforts to protect and restore the environment. Duale said Mazingira Day provides a vital opportunity to accelerate environmental protection and raise awareness of the triple planetary crises of climate change,…

PCF calls clients of closed insurance companies to lodge claims for refund

Sacco ReviewOctober 9, 202404 mins

The Policyholders’ Compensation Fund (PCF) has set up camp in Kajiado County in a new campaign to educate the public on its mandate and functions in order to increase the public’s confidence in the in the insurance sector. The campaign dubbed “PCF Mtaani” will traverse across all counties with a target of calling upon the…

Why the Pan-African Parliament is determined to harmonize cooperative legislations

Sacco ReviewOctober 9, 202409 mins

As the country eagerly awaits the enactment of new cooperative laws to regulate the sector, under the devolved system of government, the Pan-African Parliament (PAP) has coincidentally developed a Model Law that seeks to harmonize all cooperative legislations across the entire continent. This Model Law was adopted by the Pan-African Parliament during the 3rd Session…

Kisumu Highlights Youth Innovation and Strategies for Sustainable Urban Growth on World Habitat Day

Sacco ReviewOctober 8, 202405 mins

The UN World Habitat Day 2024 celebrated in Kisumu County yesterday, highlighted the vital role of youth in transforming urban spaces through innovative solutions. Deputy Governor Dr. Matthew Owili while reading Governor Anyang’ Nyong’o’s speech, expressed gratitude to the UN for selecting Kisumu to host the event, underscoring the city’s capacity for conference tourism. He…

Building Your Future: Why SACCOs Are Key to a Secure Retirement

Sacco ReviewOctober 8, 2024October 8, 2024010 mins

Saving for retirement is one of the most important financial decisions individuals need to make during their working lives. It is essential to ensure financial security and peace of mind in one’s later years. However, many people struggle with planning for retirement due to limited access to pension schemes, financial illiteracy, or inadequate income. Savings…