Regional - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

GDC Sacco seeks to grow its asset base to KSh8.5 billion

Sacco ReviewMarch 30, 202408 mins

GDC Sacco Society Ltd (GDC) has embarked on an ambitious plan to grow its asset base to KSh8.5 billion as it seeks to be among the top 50 Saccos in the country. The Sacco which currently has over 34,000 members, who are mainly dairy farmers in the agriculture-rich Githunguri Sub-county in Kiambu County, is keen…

Capital Sacco launches promotion to reward members purchasing shares

Sacco ReviewMarch 27, 202408 mins

Capital Sacco has officially launched an ambitious share drive promotion meant to recruit more members to the institution and reward those who add on their capital share. The promotion dubbed ‘Pepea na Capital Sacco’ aims at mobilising more members to buy more share capital with the winners set to be awarded with various prizes. The…

KCB shareholders get zero dividends as profit declines

Sacco ReviewMarch 22, 2024March 27, 202402 mins

Kenya’s KCB Group posted a 15 per cent drop in pretax profit in 2023 to KSh48.5. Therefore, it announced it would not pay a dividend for the period in order to conserve capital. For the first time in 21 years, KCB Group shareholders will miss out on dividends after the bank reported a net profit to…

President Ruto urges investors to put their money in Kakamega

Sacco ReviewMarch 21, 2024March 21, 202405 mins

Inaugural Kakamega international investment conference (KAIICO) gathered leaders from the National Government, Western Kenya, and Kakamega County respectively to showcase the potential for partnership and collaboration. Addressing the event, President William Ruto emphasised the need to attract both local and foreign investments as one way of transforming the vast potential of counties across all sectors…

Hope for sugarcane farmers as Sugar Bill 2022 in the offing

Sacco ReviewMarch 14, 2024March 14, 202405 mins

The Senate Standing Committee on Agriculture has assured cane farmers across the country of their commitment to fast-track the passing of Sugar Bill 2022 to resuscitate the ailing industry. The Committee Chairman Senator James Murango said President William Ruto is keen to assent to the Bill noting that the Senate is doing everything within its…

Lake Victoria artisanal fishermen to benefit from 300 boats

Sacco ReviewMarch 8, 2024March 8, 202404 mins

The Kenya Shipyards Limited (KSL), is constructing 300 new climate smart artisanal boats to promote blue economy activities in Lake Victoria. This will create active utilisation of maritime and marine resources and support inclusive and sustainable economic growth. KSL Managing Director Major General Paul Otieno said they are targeting fish traders providing transport services in…

Ruth Odinga: Embrace fruit, vegetable growing to boost income

Sacco ReviewMarch 8, 202405 mins

Kisumu County Woman Rep Ruth Odinga wants farmers to diversify into aggressive fruits and vegetable growing to improve household food and nutrition security. She said that fruit and vegetable farming, if well exploited, can contribute to increased income for farmers. This will provide direct access to food that can be harvested, cooked, and served to…

Kisumu traders asks lawyer to drop case challenging bus park project

Sacco ReviewMarch 8, 202402 mins

The traders said during a public participation organised by the county administration that they stand to lose if the case in court drags on for a long time. The lawyer moved to the Environment and Land Court to challenge the presence of the park in the area alleging that it would interfere with learning at…

Linturi tours Taita Taveta with bag of goodies for farmers

Sacco ReviewMarch 6, 2024March 6, 202405 mins

By Michael Oduor/ oduormichael2021@gmail.com Taita Taveta County has received a mobile grain dryer from the National Government in an effort to assist farmers in mitigating post-harvest losses. Agriculture and Livestock Development Cabinet Secretary (CS) Mithika Linturi while launching the dryers said the equipment comes in handy to ensure efficiency in drying grains. This will result…

Joy as land buyers in Thika receive title deeds after years of wait

Sacco ReviewMarch 5, 2024March 5, 202404 mins

Investors who bought land through a Thika based land firm, the Lesedi Developers Limited, have a reason to smile after the firm began issuing them with title deeds after years of wait. Following many days of court battles between the firm and investors over the former’s failure to issue them title deeds and alleged multiple…