Regional - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Loiyangalani Fish Cooperative rejuvenates to meet growing demand for fish

Sacco ReviewMay 5, 2024May 5, 202404 mins

Loiyangalani town is located on the eastern bank of Lake Turkana which occupies northwestern Kenya, with the biggest portion of the lake in Marsabit County. Residents here engaged in fishing for household meals but over time it is done for commercial purposes. Also, many fisherfolk lacked proper storage facility depending on traditional ways of preserving…

Kenyans to benefit from World Bank’s KSh59 billion Lake Victoria water scheme

Sacco ReviewMay 5, 202406 mins

The East African Community Partner States have received a major boost after the World Bank approved the financing of KSh59 billion for sanitation programme within the Lake Victoria Basin. The noble gesture, according to the Executive Secretary for the Lake Victoria Basin commission (LVBC) Dr Masinde Bwire, has been achieved through a series of engagements…

Ollin Sacco posts KSh8.8 million profit in 2023

Sacco ReviewMay 3, 202403 mins

The Ollin Savings and Credit Society Limited closed the 2023 with a notable growth of more than KSh8.8 million surplus compared to the previous year. According to the report, the surplus after taxation for the year 2022 was KSh1, 108, 246, but grew to KSh1, 301,427,544 by the end of last year. Revenue additions in…

Women in Nyanza asked to join Saccos

Sacco ReviewMay 3, 2024May 3, 202402 mins

Maendeleo ya Wanawake Organisation has advised women in Nyanza to join savings and credit co-operative societies (Saccos). Speaking during Rachuonyo East Entrepreneur Sacco’s Annual General Meeting (AGM) in Kabondo Kasipul, chairperson Rahab Muiu and area MP Eve Obara told women that Saccos have many benefits including transforming livelihoods. “Saccos have improved the lives through the…

Farmers adopt hybrid technology to increase rice farming

Sacco ReviewMay 3, 202408 mins

The African Agricultural Technology Foundation (AATF) is pushing for the adoption of high yielding hybrid varieties to reduce the Government’s annual rice import bills. Also, it is one of the ways aimed at addressing Kenya’s significant rice production shortfall and enhance farmers’ income. Dr Kayode Sanni, who heads AATF’s rice initiative, said the situation has forced…

PS Mueke launches project in Kitui to protect pastoralists against drought

Sacco ReviewMay 2, 2024May 2, 202406 mins

The De-Risking Inclusion and Value Enhancement (DRIVE) is a project on resilience that will ensure the improved livestock production in Kenya, the Agriculture and Livestock Development Principal Secretary Jonathan Mwangangi Mueke has said. “The DRIVE Project is under our Agriculture Ministry. It is a 5-year project covering about KSh16 billion,” Dr. Mueke added. The project…

Cooperative movement retirees urged to offer consultancy services

Sacco ReviewMay 2, 202404 mins

Retirees from the cooperative movement in Kisii and Nyamira counties have been urged to offer consultancy services for residents to benefit from their knowledge, skills and experiences. Gusii Coffee Farmers’ Cooperative Union (GFCU) chairman, Peter Onsinyo said the retirees have a wealth of experience to be tapped to boost growth and development in the agricultural…

Uber Eats opens branch in Kisumu

Sacco ReviewMay 2, 2024May 2, 202406 mins

Uber has opened fast food delivery services at the lakeside city of Kisumu. Christened Uber Eats, the service will enable customers in Kisumu and its environs to enjoy their favourite breakfast, lunch, dinner or snack from the restaurants delivered to their doorstep after placing an order. Nakampe Molewa, the General Manager of Uber Eats for Sub-Saharan…

Mombasa’s 300 co-operative societies assets surge to KSh25 billion

Sacco ReviewApril 30, 2024April 30, 202403 mins

Mombasa County has a total of 300 registered cooperative societies, Sacco Review has learnt. Speaking to Sacco Review in his office at Bima Tower Building in Mombasa town recently, Mombasa County Cooperative director, Nelson Nyoro said that the 300 registered cooperatives societies have a current membership of 98,000 members. He further revealed that the cooperative…

Over 1,000 boda boda operators receive free training in Uasin Gishu

Sacco ReviewApril 29, 202406 mins

Boda Boda Saccos in Uasin Gishu County have received a huge boost through training and award of licences by the Kenya Roads Board (KRB), county administration and Kenya Red Cross among other partners. The training and licensing process served to refine and authorize individuals to operate on the roads legally especially for some who may…