Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Following the liberalisation of the cooperative sector vide the Sessional Paper No 6 of 1997 and the subsequent enactment of the Cooperative Societies Act , No.12 of 1997 (Amendment 2004), supervisory committees were introduced in all cooperatives. Their mandate is to oversight cooperatives, a function that had hitherto been played by cooperative officers from the…
By Fred Sitati The devastating drought being experienced in 30 counties in the country should prick the collective conscience of cooperators through their elected leaders to rise to the occasion by making monetary contributions to supplement the government efforts. We have, in the recent past, noted how key private sector players led by the Kenya…
By Fred Sitati The liberalization of the Cooperative Sector vide Sessional Paper No 6 of 1997 titled Cooperatives in a Liberalized Economic Environment gave Saccos a chance to rebrand to grow and enhance their competitiveness in the liberalized market. They rebranded by developing strategic plans that prioritize short and long term measures of achieving intended…
By Paul Ngugi Ruo Education, training and information, the fifth Cooperative principle, was established and adopted by the International Cooperative Alliance and later embraced locally through the enactment of the Cooperative Act. The goal and objective of this principle is to ensure that cooperative members understand their responsibilities and rights. The principle is to also…
By Victor Ochieng’ In the book Managers as Mentors, Chip R. Bell uses the acronym SAGE to summarise mentorship. ‘S’ stands for surrendering. This entails the leveling of learning and the kindling kinship as the mentor establishes rapport with mentee. ‘A’ connotes acceptance. This is the creation of a safe haven for risk-taking. The process…
By Fred Sitati Cases of crimes being perpetrated by goons using boda boda riders have lately been on the increase in our major towns in which the victims have either sustained serious injuries, exposed to mental anguish or in extreme cases led to untimely deaths of very innocent persons While the new regime has vowed…
By Fred Sitati The exponential growth of some Saccos can aptly be attributed to their decision to open their common bonds to attract persons from outside their original catchment areas. Such moves are welcome as long as they are done in reasonable measures and do not compromise the quality of services offered to members as…
By Symon Mburia The Kenya Kwanza administration won the just concluded general elections on the promise to revolutionise the economy through the adoption of the bottom – up economic model. The model targets to grow the economy and create wealth by deliberate empowerment of the majority of citizens at the grassroots. If successfully implemented the…
By Fred Sitati The devastating drought being experienced in 30 counties in the country should prick the collective conscience of cooperators through their elected leaders to rise to the occasion by making some monetary contributions to supplement the government efforts We have in the recent past noted how key private sector players led by the…
President released the Executive Order No. 1 of 2022 on 13th October 2022 in which he outlined the functions of the various government Ministries and State Departments. One noticeable change is the relocation of the headquarter of the (new) Ministry of Cooperatives and Micro, Small and Medium Enterprises (MSME) Development from NSSF Building to Teleposta…
