Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
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 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…
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…
Bamburi Cement Plc recorded a net loss of KSh399 million for the year ended December 31, 2023 compared to a net loss of KSh181 million it posted in 2022. However it raised its dividend payout to shareholders 7.3 times translating to KSh1.99 billion as a result of increased financial muscle. Bamburi CEO Mohit Kapoor said…
Imarika Deposit Taking Sacco has recorded remarkable growth in total assets amounting to KSh13.1 billion. Its impressive performance has seen the SASRA annual report of 2022 rank the Sacco number 16 nationally in terms of assets base and number 11 in terms of profitability. Speaking during their Annual Delegates Meeting held at Travellers Beach Hotel…
Imarika Deposit Taking Sacco has recorded remarkable growth in total assets amounting to Ksh13.1 billion. Its impressive performance has seen the SASRA annual report of 2022 rank the Sacco number 16 nationally in terms of assets base and number 11 in terms of profitability. Speaking during their Annual Delegates Meeting held at Travellers Beach Hotel…
The vibrant Imarika Sacco Limited in Kilifi County has a new treasurer, Sylvester Charo. Speaking to Sacco Review in Kilifi town recently, Charo who has been the Imarika Sacco Secretary has replaced the former Treasurer, Reuben Gideon Kaphu who has retired from the teaching profession after attaining the retirement. While talking to Sacco Review from…
By Michael Oduor/ oduormichael2021@gmail.com Taita Taveta County has received a mobile grain dryer from the National Government in an effort to assist farmers in mitigating post-harvest losses. Agriculture and Livestock Development Cabinet Secretary (CS) Mithika Linturi while launching the dryers said the equipment comes in handy to ensure efficiency in drying grains. This will result…
Kiliifi based Imarika Sacco recorded a net profit of KSh323.8 million for the year ending December 31, 2023. A year earlier it posted a net profit of KSh397 million. Total assets for the Sacco rose from KSh13 billion as compared to KSh11 billion in 2022. READ ALSO: Imarika Sacco gets a new chairman In itd…
Traders in Taveta Sub- county, Taita Taveta County are set to benefit from a KSh70 million modern market under construction in partnership National Government and county administration. The State is collaborating with the county under Economic Stimulus Programme. Speaking on Thursday, February 29 during the meeting with traders for deliberations on the construction of the…
