Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Nairobi City County Government has announced plans to upscale enrollment of members of Cooperatives and Savings and Credit Cooperative Organizations (SACCOS) in to the Social Health Authority (SHA) program. This strategic move is designed to boost health coverage for the city’s informal sector, which plays a pivotal role in Kenya’s economy. During a capacity building…
Kajiado County Governor, Joseph ole Lenku, has condoled with the families of Obomo Sacco, a savings and credit cooperative that was founded by Mzee Zablon Nyakeruma who passed on last week. Governor Lenku said Mzee Nyakeruma was not just a pioneer but a visionary leader who left an indelible mark in Kajiado County. He said…
A book that details the life of Industry Principal Secretary Dr. Juma Mukhwana (autobiography) is set to be launched on Wednesday in Nairobi, in an event that will be presided over by Prime Cabinet Secretary Mr. Musalia Mudavadi. In the autobiography ‘My Passion for Change’ , Dr.Mukhwana shares a truly honest account of his extra ordinary…
Cooperatives and MSMEs Development Cabinet Secretary Wycliffe Oparanya has instructed Commissioner for Cooperatives Development to develop a Dividend Policy for Cooperatives that will ensure that no cooperative borrows to pay dividends. The CS who was speaking in Nairobi during the launch of the strategic plan 2023-2027 for new Kenya Planters Cooperative Union (KPCU) said the…
All cooperators attending the 2024 Savings and Credit Cooperatives Associations (SACCA) Congress are now required to register by September 30, 2024. This was revealed during the 7th session of the 2024 SACCA Congress Working Group held on September 17, 2024 at the African Confederation of Co-operative Savings and Credit Associations (ACCOSCA) Academy in Nairobi Kenya…
Consumer Grassroots Association (CGA) has pointed out that some farmers are still using harmful chemicals to produce food. Speaking during a workshop in Karen attended by food stakeholders who included journalists, food experts, agriculture officers, farmers, civil societies on food systems in the country; CGA director Alice Kemunto said that safety of food is a…
The National Assembly Committee for Trade, Industry and Cooperatives has demanded Treasury Principal Secretary (PS) Dr. Chris Kiptoo to appear before the committee to explain the reasons behind delays in disbursing funds for coffee and grain farmers. The Committee, led by James Gakuya (Embakasi North MP), resolved to meet the PS after a senior Treasury…
Mi Vida Homes, a reputable property developer signed a partnership with Kimisitu Sacco and has allowed the members to invest in its residential projects in Garden City, Nairobi. The Garden City Project sits on a 47-acre land with a mixed-use urban development comprising residential units commercial spaces, offices, retail outlets, and recreational amenities. It offers…
Simon Chelugui Cabinet Secretary, Ministry of Co-operatives Micro, Small and Medium Enterprises Development (MSMEs) was the chief guest today during the launch of NSSF Sacco Strategic Plan (2024-2028) and New Logo at the Radisson Blu Hotel, Nairobi. The launch is aimed at promoting innovative, commercially oriented and efficient financial services is engraved at NSSF Sacco…
I&M Group’s first quarter report of this year shows that the bank has a profit of KSh3.32 billion, an increase of 31 per cent from the KSh2.5 billion recorded last year. Interest income, which grew by 38 per cent to KSh8.8 billion, greatly influenced the profit growth. The growth in net interest income offset a 9.4…
