Cake cutting during the launch.

New Sacco launched in Kilifi to empower women financially

Kilifi Women Empowerment Cooperative Society (KWECOS) launched a Sacco recently aimed at fostering financial growth and empowerment members. KWECOS chairperson Ephie Wesa said the formation of the Sacco will empower women who have facing financial challenges in the county, urging them to join the Sacco in numbers. Speaking during the launch the chair said they…

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Chinga Farm in Nyeri emerges best in world coffee competition held in South Korea

Cabinet Secretary, Ministry of Co-operatives & Micro, Small and Medium Enterprises (MSMEs), Isaac Chelugui, revealed on Wednesday, May 15 that Kenya’s coffee was voted as the best coffee in a global competition. The World Coffee competition (WCC) was held in South Korea at the beginning of May. The recent competition featured several companies showcasing their…

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Sony Sugar has new Managing Director, Martin Ogola Dima appointed

At long last Martin Ogola Dima can now take over as the new substantive Managing Director of South Nyanza Sugar Company Limited after the Court cleared him free of guilt. The Employment and Labour Relations Court in Kisumu threw out a suit challenging his recent appointment by the firm’s Board of Directors chaired by Jared…

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Minister for Co-operatives in Kajiado County Janet Sereu, Muungano Chair Ruth Wakapa (second left) with Kajiado North cooperative officer Salome Wangui (left) during the Muungano at Muungano Women Housing Cooperative Society 5th Annual General Meeting in Ongata Rongai Kajiado North.Photo: Obegi Malack.

Kajiado Cooperatives urged to learn from well-established Saccos

Kajiado County Executive Committee Member (CECM) for Gender, Co-operatives, Culture, Tourism, and Wildlife, Janet Sereu has encouraged upcoming self-help groups and Saccos to enhance their governance by learning from well-established Saccos. The committee member who attended Ongata Rongai Muungano Women Housing Cooperative Society 5th Annual General Meeting in Ongata Rongai Kajiado North Sub-county noted that…

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Continental festival set for Kisumu postponed due to floods

FESTAC festival which was supposed to be hosted in Kisumu this month has been postponed to a later date due to floods. According to a statement released by the organising committee, Kisumu was poised to host the $h World Blacks and Africa Festival of Arts and Culture -FESTAC AFRICA on May 20-26, 2024 The statement…

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Kasigau Ranch. Photo:courtesy

Chaos erupts at company’s Annual General Meeting over KSh100 million

During the Kasigau Ranching Company Annual General Meeting (AGM) which was took place on Friday, May 10, disputes arose as shareholders were not pleased by the Board of Directors and how they spent the company’s finances. The more than 3750 shareholders rejected the company auditor and secretary reports which they described biased and inaccurate. READ…

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Construction in the past. Photo;courtesy

Chinese tycoon to build eight 34-storey apartments in Ngara

Chinese investor Zeyun Yang plans to put eight 34-storey blocks each accommodating 1632 families in Ngara estate which is located near Central Business District. Yang through his firm Erdemann Property said Rier Estate Housing Development will comprise a shopping complex with 60 outlets, where residents will be able to access essential purchases within the mixed-use…

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Entrance to the Greatwall Gardens

Despair as KCB plan to auction 78 Greatwall apartments on May 21 at Westlands

KCB has advertised the sale of 78 of two-bed apartments at Greatwall Gardens in Athi River to recover a KSh1.9 debt that the developer Erdermann Property Limited had borrowed. In a notice in one of the daily newspaper on May 6, KCB Bank through the auctioneer Garam Investments, advertised the units for sales even as…

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315 groups in Kilifi North Sub-county benefit from KSh24.8 billion Uwezo Fund

Some 315 groups in Kilifi North Sub-county in Kilifi County have benefited from the Government Uwezo Fund amounting to KSh24,810,000, Sacco Review has established. Speaking to Sacco Review in her office in Kilifi town recently, Kilifi North Sub-county Youth development Officer, Roselyne Wekoto revealed that the revolving  funds have been disbursed to the groups to boost…

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Draft Copy of Cooperatives Bill No. 7 of 2024.

MPs change dates, venues of public hearings on Cooperatives Bill

The National Assembly has rescheduled the dates and venues for public hearing on the Cooperatives Bill 2024, (National Assembly Bill No. 7 of 2024) for some regions. In an announcement seen by Sacco Review, the public hearing scheduled for May, 11 at Garrissa Social Hall in Garissa County has been postponed indefinitely due to unforeseen…

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