Residents urged to form Saccos for economic growth

Residents of Nyanza region have been urged to form Savings and Credit Cooperative Societies to help them grow and have sustainable development. ICT and Digital Economy Cabinet Secretary Eliud Owalo said a Sacco will provide means for residents to invest and grow economically. Speaking to members of various women groups in Migori County during an…

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Former Gor Mahia players mull turning welfare group to Sacco

Former Gor Mahia striker  Achieng Jared has talked of the need to turn Gor Mahia Legends Welfare Group into a Sacco. His sentiments follow Information Communication and Technology Cabinet  Secretary  Eliud Owalo’s move to pump a seed capital of Ksh1 million into the welfare group for sustainability and to enable them undertake income generating projects. “A…

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SACCO

Intensify financial literacy campaigns to cultivate saving culture, Saccos urged

Kisii County Deputy Governor Dr. Robert Monda has stressed on the importance of financial literacy campaigns and member education drives among Saccos to cultivate a saving culture among residents. Speaking during the launch of Stima Sacco new branch at Waumini Plaza where he represented Governor Simba Arati, Dr Monda noted that cooperatives play a pivotal…

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Stakeholders call for urgent implementation of reforms to revive sugar sub-sector

The Lake Region Economic Bloc (LREB) has called for the implementation of the past recommendations seeking to revive the ailing sugar sub-sector. Speaking during a sugar summit in Kakamega, LREB chairperson Professor Peter Anyang Nyong’o said the resolutions, such as those contained in the 2019 Sugar Industry Stakeholders Task Force Report were good hence the…

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Redefine role of Saccos in new sugar law, stakeholders urge Govt

Leaders and farmers from the sugar belt want the role of Saccos redefined in the new sugar law to drive sugarcane development activities. Speaking during a sugar summit held in Kakamega, the leaders proposed that Saccos and outgrowers companies be the key drivers in sugar development and management. “Notable cane out growers companies and Saccos…

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