Eastern - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

286,000 locally assembled phones sold since October 2023, says CS Owalo

Sacco ReviewApril 18, 2024April 18, 202402 mins

Some 268, 000 government-backed locally assembled smartphones have been sold to Kenyans since the first consignment was unveiled to the market end of October last year. The figure translate to 80 per cent of the 330, 000 phones assembled. Cabinet Secretary for Information, Communications and the Digital Economy, Eliud Owalo speaking at Aga Khan University’s…

State keen on fulfilling affordable housing promise, DP Gachagua says

Sacco ReviewApril 16, 2024April 16, 202402 mins

Deputy President Rigathi Gachagua has said that the Government is committed to ensure the success of the affordable housing programme. He said the programme is enabling youth earn their daily bread and has also assisted in reducing cases of alcoholism and drug abuse. “The President is very clear on his intention which is for the…

World Bank awards Governor Wavinya for exemplary implementation of projects

Sacco ReviewApril 5, 202407 mins

Machakos Governor Wavinya Ndeti has been feted by the World Bank for helping farmers to improve productivity through their cooperative societies. Governor Wavinya was awarded at the county offices in Mavoko on Wednesday April 3 for her collaborative efforts with the World Bank-funded Kenya Climate Smart Agriculture Project (KCSAP) to improve agricultural productivity among farmers….

Machakos farmers asked to plant trees for economic benefits

Sacco ReviewApril 3, 2024April 3, 202402 mins

Machakos Deputy Governor Francis Mwangangi has asked farmers in the county to take advantage of the ongoing rains to plant more trees in their lands and harvest water for domestic use. The region which often experiences long dry spells, has been receiving heavy rainfall, which is expected to continue. The deputy governors also encouraged farmers to plant…

Capital Sacco launches promotion to reward members purchasing shares

Sacco ReviewMarch 27, 202408 mins

Capital Sacco has officially launched an ambitious share drive promotion meant to recruit more members to the institution and reward those who add on their capital share. The promotion dubbed ‘Pepea na Capital Sacco’ aims at mobilising more members to buy more share capital with the winners set to be awarded with various prizes. The…

KCB shareholders get zero dividends as profit declines

Sacco ReviewMarch 22, 2024March 27, 202402 mins

Kenya’s KCB Group posted a 15 per cent drop in pretax profit in 2023 to KSh48.5. Therefore, it announced it would not pay a dividend for the period in order to conserve capital. For the first time in 21 years, KCB Group shareholders will miss out on dividends after the bank reported a net profit to…

Mbarire promises to help Embu bodaboda riders form Sacco

Sacco ReviewMarch 5, 2024March 5, 202405 mins

Thousands of boda boda operators in Embu County will be supported to launch a Sacco to enable them save and access loans and motor cycles, Governor Cecily Mbarire has announced. Governor Mbarire said once founded the Sacco would ensure that the boda boda operators are not subjected to exploitation by shylocks who charge unwarranted interests…

Wavinya donates KSh1 million to Mlolongo boda bodas, gifts talented girl

Sacco ReviewMarch 1, 2024March 1, 202403 mins

A Mlolongo-based boda boda Sacco has received KSh1 million from Machakos Governor Wavinya Ndeti to increase their investment. Samsa Boda Boda Sacco received the cheque at the Liberty Grounds in Mlolongo on February 24, 2024 during a public participation forum on the 2024/2025 Fiscal Strategy Plan. The jubilant riders welcomed Governor Wavinya and her entourage…

Minister pledges to support Kitui women self help groups

Sacco ReviewFebruary 28, 2024March 1, 202405 mins

The East African Community, Arid Lands and Regional Development Cabinet Secretary Peninah Malonza on Saturday, February 24, 2024 led a funds drive in aid of some 65 women groups from Kitui County. The event took place at the Kenya Forestry Research Institute (KEFRI) Kitui Regional Research Centre where the Cooperatives and Micro, Small and Medium…

CS Linturi launches aflatoxin testing laboratory in Meru

Sacco ReviewFebruary 5, 2024February 5, 202404 mins

Agriculture Cabinet Secretary (CS) Mithika Linturi has presided over the launch of a new aflatoxin testing laboratory at the National Cereals and Produce Board (NCPB) depot in North Imenti, Meru County. Linturi said that the new facility, the first of its kind in the region, was aimed at ensuring that the grains being consumed were…