Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Kisumu County Governor Anyang’ Nyong’o has ordered management of the lakeside city to take stern action against those allowing their livestock to roam within the Central Business District. Nyong’o said the livestock have been eating and even uprooting tree seedlings planted in parts of the city. In a speech read on his behalf by his…
State Department of Cooperatives Permanent Secretary Patrick Kilemi has assured farmers that the Government has put in place measures to pay them and relieve them from mounting debts and market uncertainties. The PS who appeared before the National Assembly Committee on Trade, Industry and Cooperatives chaired by Aldai Member of Parliament Maryanne Keitany assured the…
Kisumu County is set to showcase the revered Omieri snake as it holds the grand finale of Fish Fiesta 2024 festival. According to the County Executive Committee Member (CECM) in charge of Trade, Tourism, Industry and Marketing, Farida Salim, the snake, which is preserved at the National Museums of Kenya in Nairobi will arrive at…
Muguka farmers in Embu County have been challenged to join existing Saccos to reap better incomes and enhance expanded marketing of the produce locally and regionally. Consolidation of the millions of shillings earned from Muguka sector daily under cooperatives would ensure that incomes from the business are not wasted but used to improve farming and…
A section of investors operating in Kajiado County have raised concern over the County Corporate Social Responsibility Bill, 2024 which is now in public participation stage. The bill wants companies to allocate 1 per cent of their profit to CSR in every financial year. It also details that every company shall reserve to residents of…
DTB Bank has opened new seven branches across the country. These include Gikomba, Eastleigh (BBS Mall), Karen Hardy, Ongata Rongai, Kapsabet, Kenol in Murang’a and Bondeni in Mombasa. The DTB Group Chief Executive Nasim Devji said the unveiling of these new branches is a testament to unwavering commitment of the lender to bring services closer…
Bamburi Cement Plc recorded a net loss of KSh399 million for the year ended December 31, 2023 compared to a net loss of KSh181 million it posted in 2022. However it raised its dividend payout to shareholders 7.3 times translating to KSh1.99 billion as a result of increased financial muscle. Bamburi CEO Mohit Kapoor said…
The Kenya Society of Professional Co-operators (KSPC) has officially released its training plan for this year targeting key players in the sector. The training, spread out throughout the year started February, will basically target Chief Executive Officers (CEOs) and their deputies (D/CEOs), Heads of Departments (HoDs), Boards and Supervisory Committees, and staff working in the…
Cooperatives and MSMEs Cabinet Secretary Simon Chelugui has said that Government will develop various apps to assist artisans market products within and outside the country. The CS said that through digital marketing, artisans will to attract potential buyers worldwide which will uplift their livelihoods. The CS spoke during the recent Kigumo basket weavers’ expo and…
Jamii Sacco has recorded growth in gross revenue by 4 per cent in the year ended December 2023, rising from Ksh 657.8 million to Ksh 682.5 million. Based on the good performance in this and a diversity of other parameters, the board paid out dividends on share capital and savings at the rates of 13…
