Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Erick Nyayiera The government has disbursed over Sh370 million to more than 12,000 small scale traders countrywide through the COVID-19 recovery and resilience program. The project coordinator Louis Waithera Kabucho, the money is part of the Sh453 million that had been allocated to support the small scale traders. The project is a partnership…
By Norah Musega Bodaboda operators in Awendo sub county, Migori County have formed an umbrella body to enhance unity among all riders for development purposes. They conducted elections at the sub-county headquarters in Awendo on April 1, 2021 where Felix Otieno was elected chairman and Victor Opuch the secretary. Speaking after elections the officials told…
By Elizabeth Angira Teachers have been urged to do mobile banking to avoid Coronavirus pandemic. This after the teachers have been camping at Gusii Mwalimu Sacco Branch waiting for their dividends on long cues. Speaking in his office, Gusii Mwalimu Sacco Branch, Mr. Charles Omwanza stated that it has become a challenge to handle such huge crowd of teachers who are not adhering to the government …
By Florence Norah Migori County Youth Bunge Sacco chairman Joseph Nyapete has appealed to the youth to join Saccos to secure affordable loans. Nyapete, who was speaking during the launch of “Kuza Kazi” initiative by Coca-Cola and USAID at Kababu Technical College, urged youths to embrace self-employment. Nyapete told off youths waiting for white collar…
By Jackson Okoth As the State mulls re-opening the moribund Kisumu Cotton Mills in a bid to revive the textile industry, focus has turned to the once robust cotton growers’ co-operative societies that either shut or are struggling. Uyoma Cotton Farmers Co-operative is one of them where wrangles have bedevilled this society for the past…
By Erick Nyayiera Kisumu County Government is seeking to mobilise over 30,000 boda boda operators to join or form Saccos. The outgoing Co-operatives Director in the county Zephaniah Osok said boda boda Saccos have the potential to spur development in the area. “If they can each contribute to their Sacco at least Sh 100 daily…
By Erick Nyayiera Kisumu County has outlined strategic measures to improve the performance of the Saccos. County Ushirika Council chairman Edward Matoke noted that they are working towards streamlining leadership of the potential cooperative societies including the merger of the small and unviable co-operatives. “We have numerous small uneconomical co-operative societies which must be merged…
By Erick Nyayiera Siaya County government is seeking to formulate a legislation that will legalize the production, sale and consumption of chang’aa. According to the County’s Executive Committee member for Enterprise and Industrial development Jaoko Oburu, they have already established a liquor directorate that is currently checking on the required standards before they can legalize…
By Erick Nyayiera Individuals who are self-employed in Siaya County have been encouraged to embrace the culture of saving for retirement as a security measure for their old age. According to Retirement Benefit Authority (RBA) Cooperate Communication Manager Rose Kwena, those in self-employment should ensure they join the various private and occupational pension schemes to…
By Calistus Imbayi Kakamega Rural Roads Workers (KRRW) Sacco Ltd is one of the fast-growing financial institutions in Kakamega County, having set its goals and focused on steadily scaling the heights to the top most position. The society’s income target projection for the year 2018 is Sh6, 580,000, with an average monthly income of Sh520.000….
