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Cashewnut farmers in Kilifi urged to form Saccos

Sacco ReviewJune 19, 202402 mins

Cashew nut farmers in Kaloleni Sub-county in Kilifi have been asked to cooperate fully and form Saccos and invest heavily to uplift their living standards. Speaking to Sacco Review in Mariakani town recently, Kaloleni Sub-county Cooperative Officer, Amos Kenga lamented that many cashew farmers in the area have not formed Saccos, adding that there is need therefore to…

Economic empowerment programme for women, youth launched in Kilifi

Sacco ReviewMay 31, 202404 mins

Economic empowerment for women and youth in Ganda Ward, Malindi Sub-county in Kilifi County is taking root with the aim of creating employment for residents. Already, 15 youth and women groups have received tools and equipment that will enable them create jobs and add value to local products. The area Member of County Assembly (MCA)…

Kilifi registers five new cooperative societies

Sacco ReviewMay 28, 202402 mins

Kilifi North Sub-county in Kilifi County has registered five new cooperative societies, Sacco Review has learnt. Kilifi North Sub-county cooperative officer, Julius Mwamuye told Sacco Review in Kilifi town recently that one dormant cooperative society, Kilifi Riders Sacco has been revived. He further said that two dormant cooperative societies in the sub-county have been set for…

New KSh104,000 per night luxury hotel to start operations in Kenya on July 1

Sacco ReviewMay 22, 2024May 22, 202402 mins

Virgin Limited Edition plans to establish Finch Hattons Luxury Safari Camp in Kenya in July this month. The camp which will be located at Tsavo National Park, joins the list of other prestigious properties under Virgin Limited Edition such as Mahali Mzuri and Ulusaba Private Game Reserve. This will be its ninth property globally and…

New Sacco launched in Kilifi to empower women financially

Sacco ReviewMay 19, 2024May 20, 202403 mins

Kilifi Women Empowerment Cooperative Society (KWECOS) launched a Sacco recently aimed at fostering financial growth and empowerment members. KWECOS chairperson Ephie Wesa said the formation of the Sacco will empower women who have facing financial challenges in the county, urging them to join the Sacco in numbers. Speaking during the launch the chair said they…

Chaos erupts at company’s Annual General Meeting over KSh100 million

Sacco ReviewMay 13, 202403 mins

During the Kasigau Ranching Company Annual General Meeting (AGM) which was took place on Friday, May 10, disputes arose as shareholders were not pleased by the Board of Directors and how they spent the company’s finances. The more than 3750 shareholders rejected the company auditor and secretary reports which they described biased and inaccurate. READ…

315 groups in Kilifi North Sub-county benefit from KSh24.8 billion Uwezo Fund

Sacco ReviewMay 10, 202402 mins

Some 315 groups in Kilifi North Sub-county in Kilifi County have benefited from the Government Uwezo Fund amounting to KSh24,810,000, Sacco Review has established. Speaking to Sacco Review in her office in Kilifi town recently, Kilifi North Sub-county Youth development Officer, Roselyne Wekoto revealed that the revolving funds have been disbursed to the groups to boost…

MPs change dates, venues of public hearings on Cooperatives Bill

Sacco ReviewMay 8, 2024May 8, 202403 mins

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…

Mombasa’s 300 co-operative societies assets surge to KSh25 billion

Sacco ReviewApril 30, 2024April 30, 202403 mins

Mombasa County has a total of 300 registered cooperative societies, Sacco Review has learnt. Speaking to Sacco Review in his office at Bima Tower Building in Mombasa town recently, Mombasa County Cooperative director, Nelson Nyoro said that the 300 registered cooperatives societies have a current membership of 98,000 members. He further revealed that the cooperative…

50 new cooperative societies registered in Taita Taveta

Sacco ReviewApril 29, 2024April 29, 202402 mins

Some 50 new cooperative societies have been registered in Taita Taveta County, Sacco Review has established. Speaking to Sacco Review in Voi town recently, County Cooperative Commissioner Erastus Gonzi said that the 50 new cooperatives were registered between September last year and early April this year. He further stated that 10 dormant cooperative societies in…