Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
A Matungulu Constituency doctor has asked banks and micro -finance institutions to come up with schemes to motivate coffee growers for investments in the region. Dr Philip Munyao, a consulting doctor, said financial institutions should train farmers on investment opportunities, saying that if there were regular fora organized by the banks, the interaction will encourage farmers to…
Cooperatives and Micro, Small, and Medium Enterprises Development Cabinet Secretary (CS) Simon Chelugui has urged Saccos to embrace the emerging Financial Technology (FinTech) innovations for relevance and sustainability. The CS emphasized the importance of cooperatives and Saccos in achieving financial inclusion for the majority of the Kenyan population in line with the government’s Bottom-up Economic…
Players in the real estate sector have raised alarm over delays in processing of title deeds. Association of Real Estate Stakeholders Chairman Kinyua Wa Iratu claims the delays have been occasioned by rampant corruption in various land registries infiltrated by cartels. He noted that some unilateral decisions like changes in land rates and other statutory…
Uasin Gishu County Director for Enterprise Development Isaac Lagat has urged Cooperatives and Saccos to digitalize their services to attract and retain clients. Lagat noted that digitization and automation of Sacco operations will make it easier for them to improve on efficiency and restore members’ confidence Speaking during the training of Sacco representatives drawn from…
The existence of Gulf Africa Bank, Dubai Bank and First Community Bank as fully fledged Islamic Banks has cemented Kenya’s position as a hub for Islamic banking in East and Central Africa. The position is further cemented by the existence of Islamic products in conventional banks and Saccos. Abdi Hussein, Gulf Bank Garissa Branch Deputy…
Kajiado County Executive Committee Member (CECM) for Gender , Cooperatives and Culture Janet Sereu has revealed that the county government will revive the annual Ushirika day celebrations which were stopped three years ago. Speaking during the handing over of a cheque for the purchase of a new house to Muungano Women Group Housing Cooperative, the CECM revealed that the…
Kaloleni sub county Youth Development Officer Festus Matee has urged the beneficiaries of the Uwezo Fund to promptly repay their loans to enable other groups benefit. Matee noted that from the Ksh23, 255,000 issued to 192 Women, Youth and persons with disability groups in Kaloleni Sub County, only Ksh7,234,060 has been repaid. “That translates to…
The national government has been urged to protect Del Monte fruit growing and processing company from possible extinction as a result of dwindling farm land. Trade unionists, members of Federation of Kenya Employers (FKE) and the company management raised concerns about the same while signing the Collective Bargaining Agreement between Del Monte Ltd, Kenya Union…
Poultry farmers in Western have been urged to embrace the best farming practices as a move to help increase food security and meet high demand for the produce. Western Salesman and veterinary expert Kenneth Odiwuor led a team from Cosmos Pharmaceuticals to educate poultry farmers in Malava Sub County on the best practices . He…
Commissioner for Cooperatives Development David Obonyo has commended Muungano Women Group Housing Cooperative for playing a key role in offering affordable housing in line with the Bottom up Economic Transformational Agenda (BETA). Represented by Morris Mworia from his office, the commissioner lauded the cooperative for empowering women and cooperatives in general for playing a significant role in supplementing…
