Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Siaya-based Taraji Sacco is set to open a satellite office in Homa Bay County to spur growth in line with its new 2023-2027 strategic plan. Speaking during the Sacco’s 44th Annual General Meeting (AGM), Sacco chairman Charles Ochieng’ Ngutu revealed that a survey conducted recently established that there was an opportunity for business there. “After carrying…
Gusii Youth Bunge Sacco recently held a colourful Annual Delegates Meeting (ADM) to celebrate its tremendous growth and performance last year. Speaking during the event held at Agricultural Training Centre (ATC) in Kisii town, Sacco chairman Asha Moranya noted that the Sacco’s share capital increased by Ksh1,184,729 from Ksh7,026,031 in 2021 to Ksh8,210,760 as at…
Keystone DT SACCO has trained its focus on opening a new satellite office in Homa Bay after it realized high demand for its services in the area even as it plans to move to a new office in Kisumu due to increase in demand for space. Speaking during the SACCO Annual General Meeting at the…
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…
