Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Bonface Mulu Kitui Teachers Sacco plans to diversify its products to meet the demands of its members and expand on its revenue streams. Sacco Chairman Joseph Kithome said subject to approval by Sacco Societies Regulatory Authority (SASRA), the sacco intends to introduce two new products soon to With a membership of about 17,000, compared…
By Kinoti Murithi Capital Sacco has launched a loan product to assist schools to construct classes, dormitories, administration blocks, halls and laboratories. The loan product can also be used to finance construction and equipping of laboratories, kitchens, toilets and gates. Capital Sacco has tailored its loan product to cater for specific needs of any school….
By Kamundia Muriithi Two international firms from South Korea and United States have expressed interest in buying coffee from Embu County, a move expected to yield improved prices for farmers. Global Trade and Finance Chief Executive Kon Lee of South Korea and Regina Noh of Oversees Business Development of USA have committed to partner with…
By Tsozungu Kombe Kilifi County Cooperative members have improved their deposits substantially. Speaking during this year’s Ushirika Day celebrations held at Barani Secondary School in Malindi town, the County Trade, Industrialisation and Cooperatives Development Ministry Chief Officer, Patience Tsimba Umazi said prior to devolution, the deposits stood at Sh 2.3 billion but have now shot…
By Munene Maina Rural-based Gastemeco Sacco has now changed its name to Biashara Tosha Sacco as it sets out on a new growth path that will enable the Society become more reputable, expand its reach beyond Embu County and improve service delivery to members. Biashara Tosha, established, eleven years ago in Manyatta Sub County, Meru,…
2NK Sacco has patnered with The Nyeri Hospice and Tumutumu School for the Deaf along with schools and homes that cater for people with special needs as a way of giving back to the community according to the Sacco Chief Executive Officer, Ann Nyawira.
By Ndichu Kamau The Kiambu County Government is keen to draft laws that will ensure Savings and Credit Co-operatives respond to the economic needs of local residents. This disclosure was made recently by Gerald Githinji, Kiambu County Deputy Governor who is also the County Co-operative Minister. He said that plans are underway to make laws…
By Joseph Mukubwa Nyeri matatu Saccos have complained over unfair competition from rivals. This has led to a situation where these matatu operators are losing out on their daily earnings as fares fall even with an increase in the cost of fuel. “It is now survival for the fittest for us while commuters are celebrating…
By Erick Nyayiera. The Co-operative movement potential in Kisumu County has not been fully exploited, the Chairman of Ushirika Council Kisumu County, Edward Matoke (pictured) has revealed. Matoke said that the parameters that indicate performance of the Co-operative movement in the County had shown that there were a lot of opportunities and advantages that were…
By Kage Njoroge. The future economic prosperity of Muranga County will rely on the co-operative sector, Governor Mwangi wa Iria has said. The governor said the region’s wealth can be attributed to its cooperative societies, fueled by its enterprising and growing membership. Speaking during the 2017 Ushirika Day celebrations at Ihura Stadium in the county,…
