Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Simon Chelugui Cabinet Secretary, Ministry of Co-operatives Micro, Small and Medium Enterprises Development (MSMEs) was the chief guest today during the launch of NSSF Sacco Strategic Plan (2024-2028) and New Logo at the Radisson Blu Hotel, Nairobi. The launch is aimed at promoting innovative, commercially oriented and efficient financial services is engraved at NSSF Sacco…
I&M Group’s first quarter report of this year shows that the bank has a profit of KSh3.32 billion, an increase of 31 per cent from the KSh2.5 billion recorded last year. Interest income, which grew by 38 per cent to KSh8.8 billion, greatly influenced the profit growth. The growth in net interest income offset a 9.4…
Kenya Commercial Bank (KCB) Nakuru Branch has developed KCB Chama App that aims to assist cooperatives and Chamas on handling finances, taking loans or saving towards an a goal. KCB Nakuru Branch Manager Christine Keter while speaking in Nakuru on Thursday, May 23, 2024 where she led a team from the lender in a meeting…
Six governors from the Nyanza region have distanced themselves from a scheduled Nyanza International Investment Conference, expected to take place next month. The Governors’ namely Anyang Nyong’o of Kisumu, James Orengo (Siaya), Amos Nyaribo (Nyamira), Simba Arati (Kisii), Gladys Wanga (Homa Bay) and Ochilo Ayacko of Migori all said they have been sidelined in the…
More than 70 per cent Airbnb operators in Western Kenya tourism circuit are not paying the 2 per cent tourism levy as the law stipulates. Tourism Act, requires various entities offering accommodation services to remit levies based on income generated every month. The levy payable is two per cent of income generated per month for accommodation, and…
Kenya’s KCB Group’s pretax profit for the first quarter of this year jumped 53 per cent, assisted by higher interest income, it announced on Wednesday, May 22. The lender, which also operates in Uganda ,Tanzania, Democratic Republic of Congo, Rwanda, South Sudan, and Burundi, said pretax profit rose to KSh21.16 billion from KSh13.85 billion in the…
Laikipia based Sossian Ushanga Marketing Co-operative Society Ltd took the opportunity to showcase Kenya’s rich cultural heritage globally. The society with more than 700 members, took the opportunity during the President William Ruto US state visit. The Retail Store that has ‘Made in Kenya’ brands in Atlanta, Georgia, US.Laikipia MP Jane Kagiri said the women…
Virgin Limited Edition plans to establish Finch Hattons Luxury Safari Camp in Kenya in July this month. The camp which will be located at Tsavo National Park, joins the list of other prestigious properties under Virgin Limited Edition such as Mahali Mzuri and Ulusaba Private Game Reserve. This will be its ninth property globally and…
Fortune Sacco Football Club beat Michael Olunga Foundation, MOFA, 3-0 to earn a slot in next season’s National Super League (NSL). The play off took place on Saturday, May 18 at Dandora Stadium, Nairobi. The two teams scooped position two in their respective Division One zones. Fortune Sacco, based in Kirinyaga now joins APS Bomet…
Leaders drawn from sugarcane growing belt have called on the President William Ruto to assent into law the Sugar Bill that has now passed its first and second reading at the National Assembly and Senate. Suba North MP Caroli Omondi said with the passing of the bill, farmers were bound to benefit fully from cane…
