Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Principal Secretary in the State Department of Agriculture Dr Paul Rono has affirmed that the government is going to deal with sugar cartels in the Nyanza Region in a bid to ensure that sugar farmers fully benefit from their sweat. Speaking during a stakeholder’s visit to inspect the status of Muhoroni and Chemelil Sugar factories,…
More than 600 bodaboda operators, tuktuk, and taxi drivers have received grants in form of cheques, car washing machines and water tanks from the National Government Affirmative Action Fund (NGAAF) worth Ksh3.5 million that will help uplift their standards of living. The project pioneered by the Kilifi Women Representative Getrude Mbeyu seeks to empower the…
As the President plans to reconstitute his cabinet, members of a Sacco have urged him to appoint a Cabinet Secretary with expertise in managing cooperatives. Members of Anchor Premier Sacco have expressed that appointing someone with experience in managing cooperative societies to lead the Ministry of Cooperatives and Micro, Small, and Medium Enterprises Development would…
The Co-operative Bill, 2023 has now been put on hold after county governors claimed that they were not consulted during the drafting. Sponsored by the government through the Ministry of Co-operatives and Micro, Small and Medium-sized Enterprises (MSMEs) Development, the Bill was in Parliament to allow for its first reading before proceeding to other stages…
By Isaac Lenkou The Kajiado County Government has disclosed that over 41,000 people have joined Co-operatives in the last three years. The Societies transaction total business worth Sh 470 million. “I commend efforts undertaken by Co-operatives to improve the livelihood of people in Kajiado County,” said Paul Ntiati, Deputy Governor, Kajiado County during the 94th…
By Jackson Okoth Boresha Sacco Society Limited with its headquarters in Eldama Ravine has begun selling shares to its members. The Society aims to raise a minimum of Sh500 million but has set a maximum target of Sh1 billion, depending on the response of its members. The exercise is aimed at raising share capital, develop…
By Ken Ondieki Going by Kirinyaga Butchers Sacco Chairman, Christopher Muthigani, butchers are the most trusted people in the world. He is a firm believer in this and firmly believes that the only way for his Sacco is up. Thus, the Sacco’s prospects will soon hit the skies. The Sacco scooped the Rural Sacco with…
By Joseph Mukubwa New Fortis Sacco, formerly known as Nyeri Teachers Savings and Credit Co-operative Society, emerged the Best Managed Co-operative Nationally at the Ushirika Day gala night, a ceremony that was recently held at Safari Park Hotel in Nairobi. It also won the award for Best Managed Teachers Sacco and trophy for Best Banking…
[dropcap]D[/dropcap]By Jackson Okoth It was one of the most gratifying moments as Saccos from virtually all sectors of the economy featured at Uhuru Park Nairobi, to mark the 94th International Co-operatives Day. The event, also known as Ushirika Day, was commemorated in all the counties. There was jubilation, song and dance, each time a society’s…
By Cornelius Kimbui Machakos County Governor Dr Alfred Mutua has said he will revive Sacco societies. In a speech read on his behalf by the Chief Officer at the Ministry of Tourism, Culture and Sports Kennedy Auma, during celebrations to mark Ushirika Day, the Governor said there is a plan to make sure that Sacco…
