Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Operations at Siaya Ufanisi Savings and Credit Cooperative Society Ltd have been negatively affected as the county government is yet to Ksh3.6 million it owes to the cooperative. Speaking during the recent ADM, Sacco Chairman Tom Adero noted that despite improved remittances by the current county government, the issue still needs to be addressed amicably…
By Fredrick Odiero SASRA Chairman Jack Ranguma has expressed concern over the low asset base levels of Saccos from Nyanza region. Ranguma said Saccos in the country have a total asset base of Ksh 886 billion yet Nyanza region controls a paltry Ksh3.6 billion (0.2%) of the total amount. Speaking during Keystone Sacco’s Annual…
By Enock Okong’o Kisii County Woman Representative Doris Aburi has revealed plans to unveil a county Sacco exclusive to women in the region that is aimed at empowering them. Kisii County Mums Sacco will be the name, with operational logistics being at an advanced stage to pave way for its launch once they are finalized. She announced…
By Norah Musega museganorah@gmail.com Migori county government potato plant remain locked as farmers continue to witness losses amid harassment by middle men in the county. The project was launched earlier this year by European Union ambassador Henrietta Geiger, the then Permanent Secretary in the ministry of devolution Julius Korir and former Migori governor Okoth Obado….
By Emmanuel Gwakoi Gusii Coffee Farmers Cooperative Union (GCFCU) Chief Executive Officer Robert Mainya has disclosed that coffee hawking has affected operations of coffee farmers’ cooperative societies and farmers earning. Speaking to Education News in his office, Mainya argued that farmers who sell their produce to middlemen and private millers deny the cooperatives the chance…
By Fredrick Odiero Migori County’s Department of Cooperatives has now embarked on a major sensitization and capacity building programme for sector members and officials in order to strengthen the sector. According to area Director of Cooperatives Justus Nyangwecha, the move is aimed at revitalizing dormant cooperatives and further strengthening active ones. Nyangwecha told Sacco Review…
By Emmanuel Gwakoi Gusii Youth Bunge Savings and Credit Cooperative Society has embraced non youths as it embarks on an ambitious program to open more branches and expand its financial activities within Kisii and Nyamira counties. The Society’s Chief Executive Officer Evans Makori said the management Board, chaired by Asha Moronya wants to open a…
By Fredrick Odiero Beach managers have asked President William Ruto to include the fishing sector in his fiscal plans and rename the Ministry of Agriculture and Blue Economy to include Fisheries and Aquaculture. They claimed that the fishing industry contributes about 1 per cent of the national Gross Domestic Product (GDP) and about 2 per cent of the national export earnings thus it…
By Enock Okong’oThe Kisii University VC Prof John Akama has appealed to county and national governments to give local sculptors finances to help them form cooperative societies. This, he said, will remove the middled men who exploit them and assist in marketing their products directly to buyers. “It is heartbreaking to see these hard-working people baking in the…
By Gilbert Ochieng Over 500 fish traders operating at beaches in Port Victoria namely Marenga, Mulukoba and Bukoma in Budalangi Constituency, Busia County owe their prosperity to Port Victoria Fresh Fish Co-operative Society Limited that has helped improve on their livelihood. The co-operative society that was started in the year 2005 and registered the following…
