Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Kenya Development Corporation (KDC) has lent Ksh300 million in low-cost credit to Murang’a-based Amica Sacco for lending to farmers and micro-traders. The Sacco, which primarily serves farmers and small businesses, will provide loans ranging from Ksh7,000 to Ksh250,000 at a single-digit interest rate to meet working capital needs. The loans are funded by the Ksh8…
The Agricultural Society of Kenya (ASK) Nyeri County Branch Manager Amos Kirui has affirmed that the county is keen to successfully host the upcoming 56th Central Kenya ASK Show. Speaking yesterday during the inspection of Kabiruini Showgrounds where the event will be held, Kirui revealed that all preparations were done and expressed optimism that that…
Murang’a County Government will disburse a total of Ksh10.5 million to youth who recently underwent Murang’a Youth Service (MYS) programme as start-up capital for various businesses. In the programme initiated by Governor Irungu Kang’ata to create self-employment for the youth, the first cohort of 700 youths graduated under the programme recently, with each graduate given…
Meru Senator Kathuri Murungi has called on the government to audit all private coffee millers across the country following the increasing coffee theft cases. Speaking at Kariene in Central Imenti constituency, Kathuri who is also Senate Deputy Speaker urged the ministry of agriculture to move with speed and collect data on source and volumes of…
Tea farmers in Nyeri County have elected new directors to manage their tea factories. The farmers sent home 17 directors, re-electing 3 who were directors at Rigati, Chinga and Gathuthi, the elections exposed frustrations the farmers have been going through under leadership of the former directors. READ ALSO: Kisumu ranked among 1000 most innovative cities…
Laikipia based Sossian Ushanga Marketing Co-operative Society Ltd took the opportunity to showcase Kenya’s rich cultural heritage globally. The society with more than 700 members, took the opportunity during the President William Ruto US state visit. The Retail Store that has ‘Made in Kenya’ brands in Atlanta, Georgia, US.Laikipia MP Jane Kagiri said the women…
Fortune Sacco Football Club beat Michael Olunga Foundation, MOFA, 3-0 to earn a slot in next season’s National Super League (NSL). The play off took place on Saturday, May 18 at Dandora Stadium, Nairobi. The two teams scooped position two in their respective Division One zones. Fortune Sacco, based in Kirinyaga now joins APS Bomet…
Cabinet Secretary, Ministry of Co-operatives & Micro, Small and Medium Enterprises (MSMEs), Isaac Chelugui, revealed on Wednesday, May 15 that Kenya’s coffee was voted as the best coffee in a global competition. The World Coffee competition (WCC) was held in South Korea at the beginning of May. The recent competition featured several companies showcasing their…
The National Assembly has rescheduled the dates and venues for public hearing on the Cooperatives Bill 2024, (National Assembly Bill No. 7 of 2024) for some regions. In an announcement seen by Sacco Review, the public hearing scheduled for May, 11 at Garrissa Social Hall in Garissa County has been postponed indefinitely due to unforeseen…
The State has allocated KSh5 billion for the Hustler Fund in the 2024/2025 budget. The fund, managed by the Cooperatives department is aimed at providing cheap mobile loans to Kenyans. In the present financial year, the Government had allocated KSh10 billion towards the same but it was trimmed in the first supplementary budget. READ ALSO:…
