Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
Sacco Societies Regulatory Authority (SASRA) Chairperson Jack Ranguma has urged businesswomen in Kisumu County to form Saccos at the grassroot level. Addressing over 500 women groups in Kisumu, Ranguma stressed that through Saccos, women will gain economic empowerment. “Saccos will enable you to access loans and other benefits. You can also market your products locally…
The County Government of Kericho has pledged to assist young coffee farmers with technical advice and logistics in value chain to ensure prosperity. Representing county governor Dr. Erick Mutai during the launch of the sale outlet for coffee products produced by the Kipkelion Youth Service Cooperative LTD at Uhuru Gardens in Kericho, chief officer for…
Garissa County Director of Cooperatives Samuel Karanja has urged Saccos to rebrand and recruit more members to increase their savings and loan base. Speaking to Sacco Review in his Garissa office, Karanja noted that rebranding would enable the recruitment of members beyond Saccos’ geographical territories. The director urged Saccos to strive to get their members…
Dissatisfied farmers affiliated with Iria-ini Tea Factory have lamented over low bonuses and alleged fund embezzlement by the factory’s management. The farmers suspect extravagant executive expenses and questionable procurement practices. They also complained that the factory is one of the lowest payers in the region, compensating farmers a mere Ksh38 for a kilogram of tea…
Coffee farmers in Kirinyaga have high expectations of getting good returns after the Capital Markets Authority (CMA) licensed Kirinyaga Slopes Coffee Brokerage Company Limited as a coffee broker. It joins 13 other firms that have been cleared by the regulator for the role. The move will now see the farmers reap big since the licensing…
Uasin Gishu Governor Jonathan Bii has said that his administration has put measures in place to encourage the youth and women in the county to join Saccos. He noted that these special interest groups should be facilitated to tap into the existing benefits of cooperatives. The governor was speaking in Soi during the official launch…
The Kakamega County Assembly has allocated Ksh600 million to be used for road renovations and maintenance in the 2023/2024 financial year. Speaking during a public participation exercise, Finance Committee Chairperson MCA Bonface Osanga said that the county had sorted pending bills regarding the renovation of roads, the Bukhungu Stadium and a number of Level 5…
The Governor of Kirinyaga County, Anne Waiguru, has launched 20 ward-based Farmers’ Saccos, which she said are key to unlocking the potential of smallholder farmers. The Saccos will provide members with affordable operational capital, credit services and information on markets and production practices. Waiguru said that the initiatives are aimed at strategically positioning farmers engaged…
Laikipia Governor Joshua Irungu has lauded the role of cooperatives in uplifting residents’ lives and as a key driver of economic growth in the county. He noted that the county boasts of 210 registered cooperatives with a membership of over 98,000 and a total asset base of Ksh7.4 billion. “Cooperative societies, as a mass movement…
The Italian Agency for Development Cooperative (IADC) has offered to support 15,000 farmers in 30 dairy cooperatives in Meru, Tharaka Nithi and Embu counties to improve livestock and increase milk production by 70 per cent. Set to be under the management of an Italian non-governmental organization AVSI, which has been overseeing agricultural economic recovery projects…
