Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
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…
By Fredrick Odiero Kisumu Governor Prof. Anyang’ Nyong’o has outlined his commitment towards strengthening the cooperative movement in the area. Speaking in Kisumu recently, the governor said a number of investments in the county were geared towards strengthening the cooperative movements as key drivers of production and marketing. Prof. Nyong’o said they started off by…
By Ben Oroko Trading of coffee produce at the Nairobi Coffee Exchange (NCE) has been devolved to the grassroots coffee farmers, thanks to the recommendations of the Special Coffee Task-force appointed by President Uhuru Kenyatta to turn around the country’s coffee sector. As part of the task-force’s recommendations to have NCE modernized, small-holder coffee farmers whose primary co-operative societies…
By Fredrick Odiero Stima Sacco Chief Executive Officer Gamaliel Hassan has expressed his Sacco’s commitment to give back to the society as part of their Corporate Social Responsibility (CSR). Speaking during the official opening of a major roundabout refurbished by the Sacco in Kisumu town, Hassan said his Sacco was keen on elevating the environment through…
By Fredrick Odiero Kisumu County is mulling over the merger of small and uneconomical cooperatives in order to harness their full potential. Chief Officer in charge of Co-operatives, Alphonse Ouya, said though the economic viability of the cooperatives straddles across many sectors, they are however not fully utilized. The sectors include rice, cotton, fish, and…
Fredrick Odiero The Kisumu County Government has called upon youths who are engaged in various enterprises to form Savings and Credit Cooperative Societies (Saccos) in order to advance their activities. The Director of Co-operatives, Trade and Enterprise Susan Kanga said Saccos when formed will ensure youths borrow credit and other facilities from the government. Addressing youth…
By Erick Nyayiera Jumuisha Sacco in Siaya County is the official intermediary of the Uwezo Fund in Bondo Constituency. Bondo Constituency Member Of Parliament Dr. Gideon Ochanda and his Uwezo Fund committee signed an agreement that will see the Sacco take over the administration of the Uwezo revolving Fund. The constituency Uwezo Fund committee had…
By Malachi Motano Uyoma Farmers’ Cooperative Society (UFCS) has secured Sh10m grant from the County government of Siaya to facilitate repairing of Madiany Cotton Ginnery in Rarieda sub-county. The ginnery stopped operations about seven years ago with more than 3500 farmers left with nowhere to sell their produce. Since then many farmers have abandoned cotton…
