Dormant societies put on notice

By Munene Maina The State Department of Co-operative has issued a notice to dormant co-operative societies to shape up or close shop. Permanent Secretary in the department Ali Ismail said they will liquidate all non-performing societies in the country. Statistics from government indicate that more than half of over 21,000 registered societies are inactive. In…

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Imarika Sacco extends wings to Bamba

By Peter K. Angore Imarika Sacco has officially opened a new branch at Bamba trading centre. This brings the number of the Sacco’s fully fledged branches to seven. The new branch comes as relieve to the members and residents especially in the hinterland of Ganze Sub-county who will now get services closer home. Kilifi County…

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County to introduce agribusiness to Saccos

By Benedict Ngetich and Jackline Chepkorir Bomet County Government has rolled out a programme to plant tissue cultured bananas in all the 25 wards. Bomet County Director of Co-operatives K. Kerich said this was aimed at helping societies and members engage in agri-business. “We are providing 4,000 tissue culture banana seedlings in every ward at…

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Farmers told to establish agribusiness saccos

By Erick Nyayiera Farmers in Siaya County have been encouraged to establish more agribusiness Savings and Credit Co-operative societies (Sacco’s) to enhance their socio-economic development. Bondo Sub-county Director of Co-operatives Aineah Ayamba said Siaya County will only develop if farmers can move from traditional forms of co-operative societies which only dealt with specific crops such…

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Nyala Sacco bets big on technology

By Munene Maina Nyala Vision Sacco has upgraded its system software. “This new version will enhance speed and quality of service delivery and accommodate variety of innovative devices,” said the Sacco Chairman, Samuel Ngure. The new system will enable Sacco members to easily access their accounts through the WEB portal and print their statements online….

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