Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
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…
More than 12,500 farmers are expected to double their harvests once the first phase of the Lower Nzoia Irrigation project is completed as they will be able to do two seasons of rice a year. Irrigation Principal Secretary (PS) Ephantus Kimotho said farmers will get enough water by gravity when the Ksh3.8 billion project is…
Sweet potato farmers from Kuria in Migori County have expressed concern over the reducing prices of the crop. Led by Joyce Maroa, the farmers urged the government to chip in and help them get good prices for their produce. They blamed the county government for not completing the construction of the potato processing factory in…
Small-scale traders in Siaya County have received business loans from Kenya National Chamber of Commerce and Industry’s (KNCCI) MasterCard programme. The KNCCI Siaya branch Chairperson Mrs. Roseline Omuga said the first group of traders at Kambare trading center in Gem sub-county have received a minimum of Ksh30,000 interest-free loans. She encouraged more traders from across…
Kisumu County Executive Committee Member (CEC) for Trade, Tourism, Industry and Cooperatives Farida Salim has lauded the cooperative movement for positively impacting on the economic stability of their membership. Salim, who was the chief guest during the county’s Ushirika Day celebrations, said the movement had experienced tremendous growth in terms of increased membership and savings….
Lake Region Economic Bloc (LREB) Chief Executive Officer Victor Nyagaya has revealed that the bloc has decided to form a Sacco to sustain its economic model. Nyagaya said the bloc has already done the legal paperwork for registration and that they plan to start with a Sacco then gradually build it into a regional bank….
Milk production in twelve counties countrywide is set to double following a series of interventions rolled out through a project run by the Kenya Crops and Dairy Market Systems (KCDMS). Through the US-AID-funded project, over 190,000 farmers in Kisumu, Siaya, Migori, Homa Bay, Vihiga, Kakamega, Bungoma, Busia, Kisii, Kitui, Makueni and Taita Taveta counties have…
The Communications Authority of Kenya (CA) has raised concern over the high number of cyber security attacks, which rose from 7.7 million in 2018 to 444 million in 2023. Speaking in Kisumu during the awards ceremony of the Kisumu edition of the Authority’s cyber security bootcamp and hackathon series 2023, Internal Audit Director Rosalid Muriithi…
Stima Sacco has launched a new branch in Kisii town. Speaking during the launch, Sacco CEO Dr Gamaliel Hassan revealed that the friendly Sacco aims to grow and positively impact the lives of its clients. He added that Kisii is the third branch to be opened by his financial organization this year after Meru and…
1,200 members of Karachuonyo Lolwe Rume Cooperative Society in Homa Bay County have lauded the Kenya Breweries Limited (KBL) Company over its intended plans to raise the payment rates for sorghum farmers in the area. The cooperative’s chairman Elisaphan Ager said the move will go a long way in boosting the morale of sorghum farmers…
