Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Joseph Mukubwa Nyeri County Government has pledged to create platforms to enable knowledge and experience sharing among co-operatives so as to improve the trust and confidence in the sector. Governor Mutahi Kahiga said he has already directed the department responsible for co-operatives to beef up the capacity in terms of human resource charged with…
By James Wakahiu Nyandarua County Government will support the co-operative movements and individual groups through a revolving fund in order to enhance economic emancipation in the area This was revealed by the CEC in charge of Youth Gender and Co-operatives in Governor Francis Kimemia’s government, Muthoni Wamuiya when she represented the Governor in the 42…
By Munene Maina Nyeri Governor Mutahi Kahiga has pledged to revitalize the co-operative sector in the county. The Governor said his Government will employ more staff in co-operative department to fast-track inspection of all co-operatives. “Co-operatives are essential in our county economy and we are committed to promoting good governance in all societies,” said the…
By Munene Maina Saccos have been asked to embrace modern technology in service delivery. Equity Bank General Manager in charge of Corporate Banking Moses Ndirangu said use of technology will strengthen saccos operations and ensure they match up to the competition. Ndirangu called on leaders in co-operatives to fasttrack the process of expansion to ensure…
By Our Reporter In a move aimed at ensuring residents have access to cheap loans, the County Government of Nyandarua says it is in the process of setting up co-operatives revolving fund. According to trade and cooperative executive Muthoni Wamuya, 130 saccos will form a union called Nyandarua Co-operative Union, to manage the funds and…
By James Wakahiu Urithi Housing Co-operative Society Limited Director of Marketing Kevin Muthuri has asked Kenyans to secure insured loans and invest wisely. This means during tough times, they will have an insurance cover to take care outstanding loan amount effectively reducing the burden on their families in case of any unfortunate event that occurs….
By Joseph Mukubwa Othaya Coffee Farmers Co-operative Society has released Sh43 million advance payment to coffee farmers. The Society Chairman, Mr James Gathua said that the payments were released to over 11,000 small scale coffee farmers in Othaya, Nyeri County. “This is just an advance of Sh20 per kilogramme which will help the farmers to…
2NK Sacco has patnered with The Nyeri Hospice and Tumutumu School for the Deaf along with schools and homes that cater for people with special needs as a way of giving back to the community according to the Sacco Chief Executive Officer, Ann Nyawira.
By Ndichu Kamau The Kiambu County Government is keen to draft laws that will ensure Savings and Credit Co-operatives respond to the economic needs of local residents. This disclosure was made recently by Gerald Githinji, Kiambu County Deputy Governor who is also the County Co-operative Minister. He said that plans are underway to make laws…
By Joseph Mukubwa Nyeri matatu Saccos have complained over unfair competition from rivals. This has led to a situation where these matatu operators are losing out on their daily earnings as fares fall even with an increase in the cost of fuel. “It is now survival for the fittest for us while commuters are celebrating…
