Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By George Otieno Mombasa County Cooperative Director Nelson Nyoro has pointed out that the justification of Saccos’ existence is their ability to satisfy members’ needs. Speaking during Kenya Teachers Sacco Associations (KETSA) conference in Mombasa aimed at discussing the sustainability of Saccos and the Sacco sub sector, Nyoro stressed that the sustainability of the association rested…
By George Otieno Kilifi County Deputy Governor Flora Mbetsa Chibule has stressed on the need to support cooperatives as key enablers of Kenya’s improved social and economic growths. Cooperatives, she said, cut across all the sectors of the economy namely agriculture, mining, housing, transport, and manufacturing. In addition, they are known worldwide as instruments of…
By Tsozungu Kombe Kilifi County Cooperative Director Mr. James Mwasi has revealed that Ksh 500 million isrequired to revive the dormant giant Diary Cooperative Society (formerly Mariakani MilkScheme) in Kaloleni Sub County.Mr Mwasi revealed that plans to revive the cooperative are on a priority as its revival will enabledairy farmers in the county to boost…
By Tsozungu KombeKilifi county Cooperative Director Mr. James Mwasi has revealed that the region’s 294cooperatives have total assets amounting to Ksh 12.4 billion.Speaking to Sacco Review in his office, Mwasi went on to add that the cooperatives havedisbursed loans to members at a tune of Ksh 9.2 billion and mobilized savings worth Ksh 8.4billion.“The societies…
By Tsozungu Kombe Cotton Farmers in Mpeketoni, Lamu County have been urged to join Sacco’s in large numbers and invest heavily and in order to get loans to maximize Cotton crop production in the region. Speaking to the Sacco Review from Lamu town recently, Lamu county Cooperative Auditor, Mr. Nickson Baya stated the area has…
By Tsozungu Kombe Mombasa County Government will spend Ksh. 8 million from its recurrent budget to run cooperative society activities in the region, Sacco Review has reliably established. Speaking to Sacco Review from Mombasa town recently, Mombasa County Cooperatives Director Mr. Nelson Nyoro said the same money will also be spent to revive some dormant…
By Tsozungu Kombe Youths in Taita Taveta County have been urged to form Saccos to enable them prosper. Speaking to Sacco Review in Wundanyi recently, Taita Taveta Cooperative director Mr. Erastus Gonzi said that youths are the majority and they should be sensitized on the importance of forming Saccos to uplift their living standards. “Though…
By George Otieno Imarika Foundation, in partnership with Mephi Hospital, recently held a free eye medical camp at Matsangoni area in Kilifi County to provide eye health services to area residents. Community members were first taken through health talks on various issues before proceeding to see several medical teams present to serve them. The services…
By George Otieno Numerous Saccos participated in the 100th International Day of Cooperatives celebrations in Mombasa County, taking home various recognitions in their fields of operation. Saccos were grouped into their relevant tiers according to wealth levels, and ranked as per credit management, innovativeness and return on assets. Presided over by Mombasa Cooperative Director Mr….
By Pascal Mwandambo Concerns have been raised over the large number of dormant Cooperative societies in Taita-Taveta County. Addressing members during the County Cooperative leaders’ meeting at Dan Mwazo Hall in Voi town, acting county Cooperative Commissioner Erastus Gonzi said out of the 210 Co-op societies, only 98 were active. “Stakeholders in the cooperative sector…
