Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Coffee farmers in Kirinyaga have high expectations of getting good returns after the Capital Markets Authority (CMA) licensed Kirinyaga Slopes Coffee Brokerage Company Limited as a coffee broker. It joins 13 other firms that have been cleared by the regulator for the role. The move will now see the farmers reap big since the licensing…
The Governor of Kirinyaga County, Anne Waiguru, has launched 20 ward-based Farmers’ Saccos, which she said are key to unlocking the potential of smallholder farmers. The Saccos will provide members with affordable operational capital, credit services and information on markets and production practices. Waiguru said that the initiatives are aimed at strategically positioning farmers engaged…
Metropolitan Sacco members have staged protests demanding refund of their money totaling over Ksh7.7 billion. The members marched to the Sacco main office in Kiambu town to deliver a petition with a raft of demands. Led by their colleague, Fredrick Kago, the members demanded that; the Sacco sells its assets including land and pay members…
Kiambu Governor Kimani Wamatangi has promised to support Boda boda operators in the county to start their own petrol station and a spare parts shop that will import their stock directly from China. “The population of Boda boda riders is five times that of matatu operators, and therefore their contribution in terms of the fuel…
Farmers and Small and Medium Enterprises (SMEs) in Kiambu County are set to benefit following the unveiling of multi-billion storage facilities at Tatu City in Ruiru. The state-of-the-art temperature-controlled warehouse facilities put up by Cold Solutions East Africa Limited will mainly benefit farmers dealing with perishable farm produce for both local and export markets. The…
Githunguri Dairy Farmers Cooperative Society, the manufacturer of Fresha milk products, has gotten an international market for their UHT milk and will be exporting 250,000 litres per month to Oman, Yemen and Saudi Arabia. Speaking during the society’s Annual General Meeting (AGM) in Githunguri Stadium, Chairman George Kinuthia said that they have dispatched off 113,750…
Dissatisfied farmers affiliated to Iria-ini Tea Factory have lamented over low bonuses and alleged fund embezzlement by the factory’s management. The farmers suspect extravagant executive expenses and questionable procurement practices. They also complained that the factory is one of the lowest payers in the region, compensating farmers a mere Ksh38 for a kilogram of tea…
Greenland Fedha Limited, a subsidiary of Kenya Tea Development Agency (KTDA), has issued loans worth Ksh10 billion this year compared to the Ksh5 billion it disbursed to small scale tea farmers the year before. The high amount issued follows the company’s move to deep slash the interest rates in December 2021. Greenland Fedha Limited Chairman…
Since the inception of Airbnbs in 2008, traditional hotels have continued to registered low to almost no profits. AirBnBs have gained popularity among travelers who are in search of affordable accommodation, convenient locations, and the comforts of home. Linnet Wanjugu Murage, the owner of the Hamptons Apartment in Nyeri county, said holiday homes have rapidly…
Urithi Housing Cooperative Society Limited has issued 86 title deeds to members of its flagship Panorama Gardens gated community project located in Thika. The society’s chairman Samuel Maina said the move is part of the cooperative’s efforts to revive its stalled projects. He revealed that the 86 title deeds are part of the 200 deeds…
