Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By John Majau Meru County Government has launched an aflatoxin testing laboratory at Kinoru Dispensary to area residents from consuming the fungal toxins. Aflatoxin is feared to be one of the causes of increased cancer cases in the region and the country at large. The lab was launched five years after a study done by…
By Asa Maina Four-year-old Nyeri South Traders Sacco paid a dividend of 10% in 2020, an increase from eight percent in 2019. The Sacco chairman Joseph Wanjohi said it had also paid out a dividend of 10% in 2017 and but the payout declined to 4% in 2018. Speaking during its fourth Annual General Meeting…
By Staff Reporter Bunyala Cooperative Society has received a pilot agro-mechanization hub to help rice farmers in Bunyala area of Busia County. The three-year incubation project was launched by the Ministry of Agriculture, Trade and Co-operatives to boost the capacity of farmers The agricultural machinery was handed to the co-operative society hub at Busagwa Primary…
By Roy Hezron The Co-operative Sector Baseline Survey report released recently revealed that Nairobi County has the highest number of dormant co-operative societies in the country. A total of 5,723 co-operatives were found to be dormant with Nairobi having1,459, while Mombasa and Kisumu had 425 and 417 dormant co-operatives. The counties with the least number…
By Roy Hezron Cooperative societies raised a total of 13 million to the Co-operative Coronavirus Response Committee (CCRC) to fight the Covid-19 pandemic. The committee was constituted by the Department of Co-operatives to cushion vulnerable members in the co-operatives sector who were heavily affected by the pandemic. Speaking to Sacco Review, Commissioner for Co-operatives Mr….
By Roy Hezron Murang’a County Governor Mwangi wa Iria says he will soon establish a co-operative society for hawkers. The Governor said they have started recruiting members and so far 30,000 hawkers and small-traders have registered as members of Wachuuzi Cooperative Society. He said the county government is coming up with a law which will…
By Asa Maina Nyeri Governor Mutahi Kahiga has challenged teachers to apply for county tenders so as to increase their revenue base. Speaking during the Newfortis Sacco (formerly Nyeri Teachers Sacco) Annual General Meeting (AGM), Kahiga asked teachers to start other income generating ventures instead of relying on their salaries alone. He also urged lending…
Staff Reporter Lengo Sacco Limited chairman Mr. George Ndaa Tune has retired, Sacco review has reliably established. Speaking to Sacco Review after attending the special delegates meeting in Malindi town recently, Tune said he retired in July, 2020 after attaining the retirement age of 60 years. Vice chairman, Mr. Jonathan Kahindi Charo will discharge his…
Imarika Sacco Limited in Kilifi County has restructured its staff to enhance efficiency in service delivery. The move follows the expansion of operation in the giant financial body, Sacco review has learnt. Speaking during their Annual General Meeting held at Travellers Beach Hotel in Mombasa county recently, Board of Directors Chairman, Mr. Renson Ndoro announced…
By Staff Reporter Wananchi Sacco has come up with new strategies to curb any possible spread of the Coronavirus disease among its members and the community at large. The Sacco is investing in mobile banking to offer a wide range of services. Its M-Wananchi platform enables members to check balance inquiries, withdrawals, deposits, airtime purchase,…
