Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
By Kamau Njoroge Karibu Kenya Ventures Limited, a regional microfinance company based in Thika, has rebranded into Incredo Finance as it seeks to spread its wings in the financial services industry. The microfinance, which mainly targets Micro, Small and Medium Enterprises (MSMEs), is seeking to grow its customer base to 50,000 in a span of…
By Emmanuel Gwakoi Gusii Coffee Farmers Cooperative Union (GCFCU) Chief Executive Officer Robert Mainya has disclosed that coffee hawking has affected operations of coffee farmers’ cooperative societies and farmers earning. Speaking to Education News in his office, Mainya argued that farmers who sell their produce to middlemen and private millers deny the cooperatives the chance…
By Obegi Malack obegimalack@gmail.com Magadi Road Zone Online Drivers Sacco members have been challenged to join workers union for protection of their rights, improvement of their wages and good working conditions. Transport Workers Union Kenya (TAWU)had held a meeting with the Sacco members in Siron Place Ongata Rongai and educated them on importance of joining…
By Fredrick Odiero Migori County’s Department of Cooperatives has now embarked on a major sensitization and capacity building programme for sector members and officials in order to strengthen the sector. According to area Director of Cooperatives Justus Nyangwecha, the move is aimed at revitalizing dormant cooperatives and further strengthening active ones. Nyangwecha told Sacco Review…
By Boniface Mulu The chairman of Kitui Urban Jua Kali Artisans Association Reuben Daudi Kioko was returned to office together with his management committee officials unopposed during the association members elections held on November 17, 2022. The Kitui County Enterprise Development Officer (CEDO), Mrs. Josephine Mukiira was the returning officer for the elections. Boniface Musembi…
By John Majau Naivas supermarket chain has opened a branch Fusion’s Greenwood city mall in Meru town. The supermarket is also eyeing new stores in Maua and Isiolo towns after opening its first outlet in the Mount Kenya East region. Meru becomes the 87th branch the retailer has opened as it steps up its expansion…
By Kipilat Kaptuya Due to low rainfall amount in the semi-arid areas of West Pokot County there will be severe drought which will negatively impact agricultural production, yielding to poor crops, livestock and fisheries in the next three months. According to the Kenya Meteorological Services, the weather outlook for November 2022 to January 2023 indicates that…
By Wasike Elvis Uasin Gishu Governor, Jonathan Bii has distributed Ksh 46.8 million County Enterprise Development Fund (CEDF) to cooperatives and Saccos in to the six sub counties in the County. Speaking after distributing the Cheques governor Bii called on the beneficiaries to use the funds prudently. “We have distributed Sh 46.8 million to 27…
By Emmanuel Gwakoi Gusii Youth Bunge Savings and Credit Cooperative Society has embraced non youths as it embarks on an ambitious program to open more branches and expand its financial activities within Kisii and Nyamira counties. The Society’s Chief Executive Officer Evans Makori said the management Board, chaired by Asha Moronya wants to open a…
By Obegi Malack obegimalack @gmail.com Magadi Road Zone Online Drivers Association chairperson Julius Nyambok has urged online drivers to join Saccos. Nyambok said the drivers will expand their businesses if they work together and put their money in their Sacco. “The Sacco will empower you to have your own taxi, for those who get hired,…
