Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Bonface Mulu The Bestrock Savings and Credit Cooperative Society plans to construct its own building within Kitui town to save money spend on rental costs. The society’s chairman Francis Muli Kithae the building will also ensure that they enough office space. The Sacco will construct the building within the Kitui Town’s Central Business District…
By Lydia Ngoolo Kwetu Sacco Supervisory Chairperson Schola Kyeti has asked teachers to bank with the Sacco because it offers convenient services. Speaking at Kibwezi she told them that it is easy to borrow from the Sacco, unlike from banks which only lend business people but not teachers. “We are kindly waiting for you to…
By John Majau Meru County Government has launched an aflatoxin testing laboratory at Kinoru Dispensary to area residents from consuming the fungal toxins. Aflatoxin is feared to be one of the causes of increased cancer cases in the region and the country at large. The lab was launched five years after a study done by…
By Kamundia Muriithi A welfare group formed by a few matatu operators in Embu County in the late 90s has grown into one of the largest public transport Saccos in the country. Nairobi, Embu, Nissan Operators (Neno) Sacco is today a formidable and reputable transport based cooperative with a fleet of well managed vehicles in…
By Boniface Mulu The management of the Kitui based Savings and Credit Cooperative Society Limited has paid a total of 1,480,508 shillings dividends to approximately 500 members online. Normally, the society pays dividends to the members during their annual general meeting (AGM) that is usually held in April yearly but the Sacco could not hold…
By Kamundia Muriithi Embu County has developed a new law to govern operations of cooperative societies. The County Cooperative Societies Bill 2019, spearheaded by the agriculture committee chaired by Rev Elizabeth Kivai, seeks to establish a legal framework relating to the formation, registration, promotion, development and regulation of cooperative societies. The Bill was drafted by…
By Eugene Kioko Women groups under various Community Based Organizations in Machakos County have received water tanks in a programme spearheaded by the National Government Affirmative Acton Fund (NGAAF). The CBOs, which had contributed half of the required amount to purchase 5,000 and 10,000 liter water tanks, were handed the tanks by Machakos County Woman…
By Eugene Kioko Drivers in Machakos were recently screened for various eye conditions at Machakos Bus Park in an exercise organized by Machakos Matatu Owners Association. Association Chairman Steve Mutuku said they organised the clinic in conjunction with the National Transport and Safety Authority and The City Eye Hospital in order to gauge the eyesight…
By Boniface Mulu The government will continue supporting the modernisation of agriculture and teaching farmers the importance of growing crops suitable for their agro-ecological zones using the right techniques. Agriculture Cabinet Secretary Mwangi Kiunjuri also said the government is focused on making agriculture attractive to the young people. Kiunjuri made the remarks in a speech…
By Kamundia Muriithi Twenty-four co-operative societies in Embu County are struggling to pay a Sh90 million loan borrowed five years ago to set up a coffee mill that has since stalled. The debt has ballooned to Sh127 million as most societies are unable to service the loan. Each society was to pay Sh3.8 million, while…
