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

Two Suspects Arrested in Connection to Arson Attacks on Sugarcane Plantations.

Sacco ReviewSeptember 30, 202405 mins

Police in Kisumu County have arrested two suspects in connection with the series of arson attacks that have destroyed vast sugarcane plantations in the region. The suspects are helping security agencies with further investigations to identify other perpetrators involved in the criminal acts before they are charged in court. Cane farmers in Muhoroni, Chemelil and Kibos…

ACCOSCA: Cooperatives Bill 2024 will change the sector positively

Sacco ReviewSeptember 30, 202403 mins

African Confederation of Cooperative Savings and Credit Associations (ACCOSCA) Executive Director George Ombado has said that the Cooperatives Bill 2024 which is currently before senate will be the game changer in the country. Ombado who was speaking during a media interview said if the bill passes other countries will also be able to follow the…

Kisumu to host this year’s annual tourism week fete

Sacco ReviewSeptember 13, 202404 mins

The Governor of Kisumu County Professor Anyang Nyong’o has revealed that the county will be hosting this year’s Kenya Tourism Week and United Nations World Tourism Day. Nyong’o in a statement made recently expressed his excitement ahead of the prestigious event slated for September 23-27 and guided by the theme “Tourism and Peace.” He revealed…

Sacco members urged to back formation of industry watchdog

Sacco ReviewSeptember 12, 202402 mins

The Cabinet Secretary (CS) for Cooperatives and MSMEs Development Wycliffe Oparanya has urged Sacco members across countrywide to back the creation of a federation to regulate Saccos as proposed in the Cooperative Bill 2024 currently before Parliament. Speaking during the launch of the SACCO Societies Regulatory Authority (SASRA) Supervision Report, Oparanya asserted that creation of…

Saccos Urged to Innovate New Products to Boost Active Membership

Sacco ReviewSeptember 12, 2024September 12, 202402 mins

The Sacco Societies Regulatory Authority (SASRA) has urged Saccos to develop new savings and credit products tailored to the changing needs of members, a move that will greatly reducing dormant accounts. SASRA, in a report released on Wednesday, noted that reactivation of dormant accounts should be the top priority for Saccos that seek to boost…

New KCC re-advertises position of Managing Director

Sacco ReviewSeptember 11, 202402 mins

The New Kenya Co-operative Creameries (New KCC) has re-advertised the position of Managing Director (MD) to replace Nixon Sigey whose tenure at the creamery is drawing to a close. In a job advert made by the creamery, the interested party must be a team leader with a track record in business leadership. “We are seeking…

Oparanya disbands Barichu Farmers Cooperative’s management

Sacco ReviewSeptember 11, 202403 mins

Cabinet Secretary for Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development Wycliffe Oparanya, has disbanded the management of Barichu Farmers’ Cooperative Society Limited in Mathira Constituency, Nyeri County. During a visit to the society in Karatina town yesterday where he met with thousands of farmers, Oparanya ordered the immediate removal of the management to allow for…

CS Oparanya promises more support to Cooperative University

Sacco ReviewSeptember 10, 202403 mins

The Ministry of Cooperatives and MSMEs Development Cabinet Secretary (CS) Wycliffe Oparanya has said the government will allocate more resources to support to the Co-operative University of Kenya (CUK) in executing its role in the growth of co-operative movement in Kenya. Oparanya who met the University’s top management led by Vice Chancellor, Prof. Kamau Ngamau…

Oparanya urges Uwezo Fund beneficiaries to form Saccos

Sacco ReviewSeptember 9, 2024September 10, 202405 mins

Cooperatives and SMEs Cabinet Secretary (CS) Wycliffe Oparanya has emphasized the importance of forming cooperatives among beneficiaries of the Uwezo Fund. He highlighted that by coming together; individuals can create a larger pool of resources, enabling them to get more substantial funding for their business ventures. Oparanya stated, “When you join cooperatives, you have an…

Chelugui finally hands over to Oparanya

Sacco ReviewSeptember 5, 2024September 6, 202404 mins

The former Cabinet Secretary (CS) for Co-operatives and Micro, Small and Medium Enterprises (MSME) Development Simon Chelugui has handed over the docket to the newly appointed CS Wycliffe Oparanya, with the later promising to implement initiatives started by his predecessor. Speaking during the handing over ceremony at the National Social Security Fund (NSSF) office on…