Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
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…
Players in the real estate sector have raised alarm over delays in processing of title deeds. Association of Real Estate Stakeholders Chairman Kinyua Wa Iratu claims the delays have been occasioned by rampant corruption in various land registries infiltrated by cartels. He noted that some unilateral decisions like changes in land rates and other statutory…
The national government has been urged to protect Del Monte fruit growing and processing company from possible extinction as a result of dwindling farm land. Trade unionists, members of Federation of Kenya Employers (FKE) and the company management raised concerns about the same while signing the Collective Bargaining Agreement between Del Monte Ltd, Kenya Union…
Diamond Trust Bank has expanded its operations to Nyandarua County, marking the beginning of a new era of financial services and opportunities to both residents and businesses in the region. Nyandarua Governor Dr. Moses Kiarie Badilisha officiated the opening of the branch in a grand ceremony attended by Cabinet Secretary for Lands, Housing, and Urban…
Teachers, friends and relatives turned up in large numbers to pay their last respect to Ollin Sacco National chairman of Geoffrey Njeru. Held at the Kianyaga stadium, the burial ceremony was also attended by pupils from Rwambiti Primary School where he was the patron and a former head teacher. He leaves behind a widow and…
Horticultural farmers in Nyandarua County have urged the national government to install cooling plants in all sub counties for the preservation of their products before they are transported to major cities like Nairobi and Nakuru. Speaking in Olkalou, the farmers said as a result of the increase in the price of petroleum products, at times…
Ollin Sacco fraternity is in mourning following the demise of their beloved Chairman, Director Geoffrey Njoka Njeru. Until his demise, which occurred on September 7, 2023, Njoka also served as the Principal Head Teacher of Rwambiti School in Kirinyaga County. He will be laid to rest on Friday, September 15, 2023 at his family home…
