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

Ukambani’s three governors unveil road map to improve youths livelihoods

Sacco ReviewApril 25, 2024April 25, 202405 mins

Three Ukambani governors under South Eastern Kenya Economic Block (SEKEB) have promised to continue being united and engage the National Government on matters to do with the livelihoods of the residents. In a meeting at Makueni governor’s office, Kitui Governor Julius Malombe, Governor Wavinya Ndeti (Machakos) and Makueni Governor Mutula Kilonzo noted that they are…

Muguka farmers in Embu told to join Saccos to boost income

Sacco ReviewApril 23, 2024April 23, 202405 mins

Muguka farmers in Embu County have been challenged to join existing Saccos to reap better incomes and enhance expanded marketing of the produce locally and regionally. Consolidation of the millions of shillings earned from Muguka sector daily under cooperatives would ensure that incomes from the business are not wasted but used to improve farming and…

Governor Wavinya urges investors to seize opportunities in Machakos

Sacco ReviewApril 19, 2024April 19, 202406 mins

Machakos Governor Wavinya Ndeti has urged both local and international investors to take advantage of the numerous investment opportunities, ample returns on investment and improved business environment in the county. Speaking on April 17 at the Machakos International Convention Centre when she hosted investors in a round table meeting attended by Cabinet Secretary for Investment,…

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…