Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
The Cooperatives & MSMEs Development Cabinet Secretary, Simon Chelugui, has commended Taqwa Sacco for its role in empowering its members financially and fostering solidarity. Chelugui was speaking during the Sacco’s 25th anniversary celebration in South C, Nairobi. He said that despite the Sacco’s humble beginnings as a Merry-go-round in the late 1990s, it has grown…
Joseph Njoroge, the CEO of Safaricom Sacco, has been named the winner of this year’s Champions of Governance (CoG) Award by the Institute of Certified Secretaries (ICS) in a ceremony held at Mercure Hotel in Upperhill, Nairobi. The CoG Awards aim to recognize and promote research work related to good governance practices. Njoroge, who joined…
Saccos have been advised to adapt their strategies to cater to the preferences of Generation Z (Gen-Z) – referring to individuals born between 1996 and 2010 – by implementing advanced and interactive technology. Speaking during a Customer Breakfast Forum themed ‘Saccos and Gen-Z’ hosted by NCBA Bank, Cabinet Secretary (CS) for Co-operatives and MSMEs Development,…
The Teachers Service Commission (TSC) has been urged by the Senate Committee on Trade and Tourism to stop deducting money from teachers who have withdrawn from Metropolitan Sacco, which has gone under. The committee chairman Okiya Omutatah has also requested that all remissions to the Sacco be halted, stating that teachers have withdrawn from the…
The Cooperative University of Kenya (CUK) has announced a virtual postgraduate symposium organized by the School of Computing and Mathematics that will be held on Friday, November 10. The inaugural postgraduate symposium targets all postgraduate students at the university, those from other universities and any other interested participants. The varsity Director of Academic Quality Assurance…
The National Assembly Committee on Trade, Industry and Cooperatives has summoned two Kenya Revenue Authority (KRA) officials to shed more light on the surroundings that led to the release of 20,000 tonnes of condemned sugar to the market. Led by Chairperson James Gakuya (Embakasi North MP), the members questioned suspended Mombasa KRA Customs Warehouse Manager…
The Nairobi Coffee Exchange (NCE), yesterday, received the highest number of bags since the implementation of the new coffee regulations. Co-operatives registered 11,432 bags of coffee for the Tuesday auction. They included 612 bags of AA, 164 PB bags and 3,931 AB bags categorized as clean coffee. The coffee comes from 549 cooperatives and estates…
Peter Gikonyo, the Chairman of the Nairobi Coffee Exchange (NCE), has revealed that five coffee marketers are set to showcase 6,369 bags of coffee at the inaugural sale of the 2023-2024 coffee crop. He noted that there will be 37,636 kilograms of pristine AA-grade coffee and 201,197 kilograms of AB-grade coffee. The chairman stated that…
Pomp and color marked the launch of Hazina Sacco satellite office in Siaya town meant to cater for the fast-growing clientele in the area. Sacco National Chairman Mr Evans Kibagendi said the management opted to make the Siaya office a fully-fledged facility after realizing the potential the area has. He revealed that the branch members…
Deputy Vice Chancellor Finance Planning and Administration at the Co-operative University of Kenya (CUK) and career cooperator Prof Esther Gicheru has called for mergers in the co-operative sector if better governance and management have to be achieved. In her presentation titled ‘The Contribution of the Cooperative Business Model in Development: Practices and Opportunities’ to the…
